Latest Contract Highlights Continuing Traction for Boardwalk Platform
CUPERTINO, CA, April 2, 2019 /CNW/ - (TSXV:BWLK) -
Boardwalktech Software Corp. ("Boardwalktech"), a leading digital ledger platform and enterprise software solutions company,
announced today it has signed a new engagement with another US-based Fortune 250 food & beverage company for deploying the
Boardwalk Blockchain Digital Ledger Platform to support multi-party exchanges with its trading partners in their global supply
chain. This new engagement will contribute some revenue in the upcoming quarter, with a larger deployment expected during the
second half of this year. Due to the perceived competitive advantage that the Boardwalktech platform provides, the customer has
requested that its name be withheld.
"By selecting Boardwalk's Platform, this company is digitalizing manual processes, which reduces process time from weeks to
days, increases revenues and margins, enables better pricing and lowers inventories. The ROI to the business is significant,"
said Andrew T. Duncan, President and CEO of Boardwalktech Software Corp. "Until now, companies
have had no path to automate manual processes that are rampant within every enterprise where communicating between multiple
parties is still primarily done using email with attached Excel spreadsheets. For companies to compete in today's fast-moving
world, they must transform to a 100% digital state where information in the value chain is exchanged digitally and decisions are
predictive and rapid using real time, trusted data." The ability to manage these exchanges of information efficiently and
securely through digital transformation has become the leading area of focus for food & beverage companies and a critical
component of building a sustained competitive advantage in the market."
The Boardwalk Blockchain Digital Ledger Platform is designed and ideally suited for multi-party enterprise applications
enabling trusted, authenticated and secure transactions managed on a private permissioned digital ledger. What is unique about
the Boardwalktech digital ledger technology is that it captures the provenance of both on and off chain data exchanges between
multiple parties. The Boardwalk Platform provides the end-to-end framework needed for enterprise customers to digitally transform
existing manual processes enabling a more timely, accurate, and predictive business outcome.
About Boardwalktech:
Boardwalktech has developed a patented Blockchain Digital Ledger Technology Platform that is in use today by 26 of the Fortune
500 running over 100 live mission critical applications world-wide. The platform allows for multi-party collaboration,
provenance, verification and immutable transactions on a trusted, shared, and secured private permissioned blockchain cloud
service. The Boardwalktech platform allows rapid digital ledger application development on any device or user interface,
supporting both on/off-chain "smart contract" business logic and full integration with enterprise systems of record.
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SOURCE BoardwalkTech
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