NCR

Asset lifecycle and data management platform

Challenge
  • NCR sells and leases physical assets (ATMs) to banks but relies on manual processes to track the lifecycle and usage of the assets
  • NCR business users record usage for billing purposes.
  • Current processes occasionally are inaccurately tracked and documented, resulting in unreconciled asset data and unbilled revenue
Solution
  • Automate the process by creating digital copies of physical assets on Corda to enable near real-time irrefutable asset tracking and management
  • Digital copies model the flow of information across the entire value chain from original equipment manufacturers, to suppliers, partners and operators
Results
  • Achieve operational efficiencies by automating existing processes
  • Enable transparency and trust with enterprise customers by creating a single source of truth
  • Near real-time visibility on ATM install base