The current requirements of delivery and financial processes make life difficult for many companies. PayperChain was born out of precisely these challenges - especially in the area of toolmaking and plastic parts production. “We know the requirements from our own experience and have therefore developed a simple solution. With PayperChain, we want to make production and financial transaction processes fit for the future,” explains Stephen Hartmetz, Managing Director of ACS - Advanced Customer Service - Deutschland GmbH and CEO and founder of PayperChain. The idea behind PayperChain: pay-per-use in combination with state-of-the-art DLT/blockchain technology. With pay-per-use, customers only pay for what they actually use. “You deliver your machine as usual. The difference is that it is connected to the system via an API interface. This records how much is produced. All data is stored tamper-proof on the blockchain and transferred to the ERP systems of customers, suppliers and banks,” explains Hartmetz. This innovative technology not only enables customers to make investments regardless of the current order situation, but also minimizes upfront investments and reduces risk. In addition, PayperChain offers industrial companies and finance departments the opportunity to drive digital transformation in the context of investments for the first time - and to do so successfully. PayperChain was developed in collaboration between the team of experts at the Frankfurt School Blockchain Center and d-fine, a consulting firm, to provide customers with technical solutions for a more flexible payment system. The combination of decades of industry experience, the expertise of financial experts and the know-how of blockchain specialists makes PayperChain the ideal partner for corporate innovation.
