The future of decentralized commerce will transform traditional commerce, as instead of being built upon siloed systems, it intends to be interoperable between its network participants.
One of the foundations to achieve interoperability for commerce lies in tokenizing an invoice.
In other words, having an invoice minted as an NFT provides an immutable document of ownership for commerce, resulting in a single source of truth to check the credit worthiness of its parties, thereby allowing invoice financing & factoring use cases, not only for large corporations, but also for retail needs.
To discuss NFT invoicing, I spoke to Michael Revy, the founder of Bulla Network, an open source protocol to mint credit relationships and facilitate on-chain commerce.
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