Cryptocurrency

Can technology Blockchain to replace the ERP system?

The ERP system, also known by its acronym as Enterprise Resource Planning, is one of the programs more useful and convenient to use. This is because that allows you to carry out different business processes. However, the question has arisen to many experts in the area is whether such a system could be replaced with technology Blockchain.

What is ERP and what does it do?

The Enterprise Resource Planning (ERP), better known in Spanish as System, Enterprise Resource Planning, is a program designed to perform different tasks. Thanks to its design, the ERPs are ideally suited to many of the business processes. In particular those related to logistics, human resources, billing, customer management, among others. Certainly, this type of programs are very useful, due to how adaptable you tend to be. In addition, they also possess other advantages, such as ease of organisation of data, the security of the contained information, among others. However, despite this, the ERPs have some weaknesses, and it is for this reason that many experts and enthusiasts in the field of technology, decided to analyze the possibility of replacing this type of programs with other that contain the technology Blockchain.

Does the technology Blockchain can suplantarlo?

The technology Blockchain, or chain of blocks, has been demonstrated on countless occasions that can be perfectly adapted to different programs and systems. In addition, the qualities of such technology, transform it into one of the best alternatives to ERP systems. In this sense, among the benefits it can bring Blockchain to the Erp, are: Load data and allow third parties access to these in real-time.To ensure better security and protection of data, to hacking, malware, among others.Keep the information public, so that any individual can access it.Ensure the display of the data at any time.Decentralizing processes, in order to decrease the interaction of third parties on the program. Certainly, all these qualities are of great importance and utility for the storage of data in companies. It is for this reason, there are many who believe that the technology Blockchain can impersonate the systems ERPs. However, what is certain is that it still has not developed a Blockchain specialized in the processes of ERPs, which is capable of suplantarlos in its entirety.

Does the ERP system and the technology Blockchain can co-exist?

Despite the fact that the technology Blockchain has the ability to impersonate completely the Erp, what is certain is that companies are choosing to create programs that keep the two concepts. That is to say, that are currently being developed ERPs that work with the technology of the chain of blocks. All this in order to get systems that offer the advantages and qualities of both types of technologies. So, yes, both technologies can co-exist perfectly and complement each other in such a way that you get a better system. Also it should be noted that, the creation of programs of this kind, will greatly benefit a diverse number of sectors, among which is the power, finance, pharmaceutical, among many others.

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