Paul Brody is Global Blockchain Leader for EY . Under his leadership, EY is established a global presence in the blockchain space with a particular focus on public blockchains, assurance, and business application development in the Ethereum ecosystem.
ERP stands for enterprise resource planning, and even if you don’t know what it is your life experience has been profoundly shaped by its existence. It is, very simply, the software that makes companies run. It’s the software that links an empty store shelf to a pull signal in the warehouse that brings more product. It’s how companies manage to offer consistent products, services and prices at scale all across our planet.
In this environment, we will have to build more slowly and carefully than we did with DeFi. Enterprise users are a more cautious bunch, and we’re already seeing skittish users worrying that the “taint” of crypto Ponzi schemes is hurting their ability to sell the vision inside the enterprise. This will slow things down but not stop them.The likely order of development will be a risk-averse path. Companies are going to start with things like inventory management.
It would be nice to take a break from the financialization of everything and focus on doing real stuff.