Solution Service
PoC Leasing/Retail in Switzerland
Disruptr GmbH delivered successfully a Proof of Concept (POC) to the largest and leading car leasing providers in Switzerland!
This Prototype is using 6 Corda nodes and Cordalo. One Corda node for each of the 5 companies: Sales, Retail, Insurer, Regulators, Cardossier and one notary node.
Cordalo simplify writing Corda applications by increasing consistency in an application’s architecture, allow easier code reuse and reduce the learning curve for developers.
We have done the business analysis, conception, and development of 6 business objects (states), 110 business flows, 5 state machines. it took us 35 days of hard work to complete it.
We created a Key Performance Index (KPI) analytics Flow to keep tracks of time and efforts saved by this new solution. Our customer was able to assess visually and in real-time the efficiency and savings (savings in millions of CHF) of this Distributed Ledger Technology (DLT) solution compare to the existing system, building a solid financial foundation to continue working on that case.
Corda CorDapps, or applications built on Corda, are built to transform businesses in finance, insurance, healthcare, energy, and more.
Smart contracts on Corda provide a single source of truth that can be verified by all stakeholders, delivering transparency to all parties.
This solution will potentially span over multiple Swiss Canton and multiples companies in the future proving that Distributed Ledger Technology (DLT) is here to stay and revolutionize the way we move assets and create transactions.