The Ultimus BPM Blog

Blockchain anchoring provides ‘proofs of existence’ which can be used by participants in business processes that cross enterprise boundaries when output data (e.g. decisions, documents, or even whole databases) needs to be verified against its representation in a state recorded at a previous point in time, to prove authenticity.

There are many of emerging use cases for blockchain in enterprise settings. MWD Advisors is tracking a number of ‘blockchain for business’ proof-of concept initiatives, with much of the action centering around the simplification of cross-border payments, smart contract automation (with business rules executing on-chain autonomous applications), and blockchain-enabled digital identities facilitating borderless access to information and services (to name but three).

Ultimus is very pleased to announce that we are celebrating the twentieth anniversary since our founding, marking twenty successful years of automating business operations in every major industry across the globe.

As we celebrate this milestone, let us take a look back on where it all began…

A Game Changing Visionary

Ultimus was founded in 1994 by Rashid Khan, a visionary who set out to build a company dedicated to improving the way businesses operated.