Today Hijro joins SAP Ariba onstage at Ariba live 2017 for a discussion session regarding the opportunities in trade utilizing Blockchain or Distributed Ledger Technology (DLT). Blockchain and DLT have been discussed across the Ariba Live event in 2017 as having the potential to disrupt and reimagine trade and supply chain networks around the globe.
CEO Lamar Wilson will represent Hijro on the panel “SAP Ariba Solution Strategy: Blockchain for Business-to-Business, Expert Panel”. This panel will investigate the potential of DLT to connect and improve global trade platforms by doing the following: provide transparency and tracking of goods, increase visibility into the ownership of trade assets, streamline settlement and reconciliation, connect previously silo’d technology platforms, and merge the physical and financial supply chains.
Hijro continues to differentiate itself from other tech solutions with its ability to drive security, automation, and efficiency in origination, distribution, tracking, settlement, and reconciliation of trade assets including receivables and approved payables. This ability, through developer platform and API layer, allows businesses and funders to connect to the Hijro network and tokenize and distribute digital versions of trade assets across a DLT network.
“Further integration will allow Hijro to embed our receivables finance solution directly in trade platforms and treasury systems.” Lamar Wilson, CEO of Hijro, continued, “Thus allowing fast access to working capital and diverse funders available to support a large network of businesses.”
The Hijro Network has presented at previous event emphasizing the power of the network. By connecting additional partners in the trade ecosystem, you can provide all members a much smarter, more secure, and more efficient way to move value and assets around the world. The issue of connecting disparate financial and IT platforms has been a topic of conversation at this years Ariba Live event and continues to be an obstacle to efficient global trade.
“Building integrated services that add value to existing large networks is the key to achieving rapid growth,” said Lamar Wilson, CEO of Hijro. “By never sacrificing user experience and encouraging openness and interconnectivity we will build the next trade infrastructure layer on DLT.”
Hijro will continue to present its solutions across the country in the 2017 year. Follow our progress on twitter @hijro and shoot us a message if you would like to schedule a meeting.
Applications and solutions built on the Hijro Network include a multi-bank, multi-lender trade asset marketplace, flexible working capital solutions for businesses, and a robust suite of APIs allowing integrations to existing trade platforms. Hijro recently announced it is raising a third round of funding following its $2.5MM seed round in May 2016.
Contact hello@hijro.com or visit hijro.com for more information.
