When we think of disrupting companies in the 21st century our minds will inevitably float to Facebook, Uber, Airbnb, Linkedin and so on. It’s impossible we don’t associate all these platforms to the internet-disruptive companies group.
Due to the rise of cryptocurrencies my personal view on disruption has changed considerably, over the last year. I do not think most companies can be considered disruptive for the simple fact that, in order to be truly changing, the power must shift from the core team to the users. Meaning, what is truly my personal gain by using any of the aforementioned platforms?
Does your data belong to you? Can you monetize it? What about the content you produce do you own it? Unfortunately the answer to all those questions is a big, fat, no.
Today I’ll be focusing in Arxum to explain what real disruption looks like and how it can be achieved. Arxum is a Swiss-based company that created a supply-chain black-box to connect suppliers, manufacturers and buyers. The current process is: different companies use different Software’s like ERP systems to link production to sales and to connect their business logic to other agents. The problem is that different suppliers and customers use different ERPs and connecting with all agents can be a troublesome task. More however, there is no standard way for individual agents to approach different suppliers to budget production of a low quantity, high quality item for example.
Enter, Arxum a standardized production order protocol with rich data exchange.
Arxum allows for Manufacturers to receive orders from anywhere in the world, get transparent ratings and fast payments (by using the Arxum token). Suppliers can also increase the range of choice between manufacturers and better tailor production processes, depending on the buyers. Finally, buyers can also connect directly with many different suppliers and manufacturers and increase their range of choice.
Not only that, imagine if you wish to start production of a new design you just created. Today you need to approach each manufacturer directly, or use a range of associations. Is that the most effective way? Consider the following:
What if you could have a platform that would immediately connect your design specifications or production needs and check available manufacturers worldwide?
What if you could pay and trade without hassle and minor transaction fees? Immediate payments being released upon orders creation, product production or shipping arrival?
What if you could have the option to easily connect with different suppliers worldwide and have the option to follow the entire production process with the upmost transparency, receiving data on each stage of production even?
That is what I call a disruptive business. Users not only get to use a better platform to achieve a final goal, but they also get rewarded for using it. Data shared by each user adds value to the network, as there is no central entity taking advantage by selling that data to the highest bidder. With Arxum you control all your data: you get the reward for sharing what you need, which is a better manufacturer or supplier for whatever product you need. As the intermediary (Arxum’s blackbox) connects all agents and gives an economic incentive to use the platform, the power shifts from a centralized model, into a distributed network model.
Want to support a truly disruptive project?
Check out:
https://arxum.com
https://www.linkedin.com/company/arxum/
https://t.me/arxumforallhttps://arxum.slack.com
https://business.facebook.com/ARXUM-224545318086179/
https://twitter.com/TheArxum
--disclaimer: my opinions and views are not financial advisement. I am an Advisor at Arxum and I receive a financial incentive to support this project. Nevertheless, I believe Arxum will be a game changer for the supply –chain and manufacturing industries--