© 2019 The Block Ledger Pty. Ltd. All Rights Reserved. Strictly Private and Confidential

By Leo Huang

Daxin Global

October 2019

E-invoicing For SMEs in a cloud age

Contents

• B2B Transactions Outdated for SME

• E-invoicing Basic

• Advanced E-invoicing Platform

• What to Expect on the Macro Level

• Demo How E-invoicing Works

• E-invoicing on the Blockchain

• Blockchain Basic

• Demo How E-invoicing on the Blockchain Works

• Our Findings on the Micro level

• Looking into the Future

Problem Statement: B2B Transactions Outdated

No dynamic collaboration

Manual Processing

Scams and Phishing

Financial Misappropriation

90% Invoices are still on Paper

© 2019 Daxin Global & Block Ledger. All Rights Reserved. Strictly Private and Confidential

E-invoicing Makes it Simple

Platform Agnostic

Blockchain

Advanced e-Invoicing Platform

Existing Invoicing

Platform

Machine Learning

& AI

Open Banking

Payment Gateways

ERP / CRM

$3.5B Spent on Audits

1.2B Invoices Sent

1100K

650K

170K

50K 25K 25K

>2M Subscribers

15% of businesses Apply for Credit Statistics

In Australia

$0.5B $0.5B $0.5B

$0.8B

$0.6B

$0.9B

$0.6B $0.6B $0.7B $0.6B

$0.7B

$1.0B

FY16 FY17 FY18

© 2019 Daxin Global & Block Ledger. All Rights Reserved. Strictly Private and Confidential

12

E-INVOICING ON THE BLOCKCHAIN

Sources: Deloitte (2018)

12

HOW DOES BLOCKCHAIN WORK?

Source: Deloitte (2018); see also blockgeeks.com

1,000+ Subscribers

300+ Connections

45,000+ Invoices Transacted

55 110

330

990

Wk 1 Wk 2 Wk 3 Wk 4

25 35

105

315

Wk 1 Wk 2 Wk 3 Wk 4

2,489 3,712

12,992

45,472

Wk 1 Wk 2 Wk 3 Wk 4

DX E-invoicing Platform launched

Quantified Savings

Businesses Accountant Auditor

Reduce Cost

up to 40%

Reduce Time

up to 60%

Reduce Reconfirmation

Rates by up to 43%

Mitigate Audit Risk

Continuous & On-Demand

Audit

Reduce Human Errors

Gov &

Banks

University

Reduce Cost

up to 40%

Mitigate Fraud

© 2019 Daxin Global & Block Ledger. All Rights Reserved. Strictly Private and Confidential

Features & Benefits

e-Invoice

Audit Trail

Credit Scoring Loan

Documentation

Invoice

Financing

Account

Reconciliation

and more…

© 2019 The Block Ledger Pty. Ltd. All Rights Reserved. Strictly Private and Confidential

© 2019 The Block Ledger Pty. Ltd. All Rights Reserved. Strictly Private and Confidential

Thank You

E-invoicing For SMEs in a cloud age

More details on www.lucaplus.com Video Demo can not play from the PPT Please contact Leo Huang to find out more Leo@inpgroup.com.au leohuang@daxin-global.com