# Visma | Yuki solution by mintBlue

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### Project Overview

* **Product:** E-invoicing and data authentication
* **Client:** Visma | Yuki (powered by mintBlue)
* **Solution Provider:** mintBlue
* **Industries:** Accounting
* **Geographic Reach:** Primarily Netherlands and broader European market
* **BSV Integration Start Date:** Not available

### Business Challenges

Inefficiencies or risks existing in the supply chain:

* Hig
* Fragmented data systems among enterprises and regulators
* Why traditional systems were insufficient:
* Lack of automation and traceability
* Inability to offer tamper-proof, real-time invoice validation
* High reliance on centralized intermediaries

### Why BSV Blockchain?

**What made the BSV blockchain the ideal solution:**

* High scalability (50+ million transactions/day)
* Low transaction fees (e.g., €400 for 50M transactions)
* Immutable, secure, and compliant data storage
* Stability of the protocol—no unpredictable updates

**Comparison to other blockchain options:**

* BSV chosen for its fixed protocol and UTXO model, considered more suitable for enterprise use than other chains that change base-layer rules

### Solution Architecture

**Overview of the implemented BSV-based system:**

Visma | Yuki uses mintBlue’s SDK to authenticate, store, and verify invoices on-chain via a decentralized ledger. The Dutch Chamber of Commerce is also integrated for commercial register data.

**Key components:**

* Data logging: 500,000+ invoices/month; up to 50GB of data stored on-chain
* Role of partners/vendors:
* mintBlue provides the infrastructure and APIs
* Dutch Chamber of Commerce enables commercial register integration
* TAAL processes transactions on the BSV blockchain

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### Implementation Process

**Integration with legacy ERP or SCM systems:**

Integration with existing bookkeeping platforms (Visma | Yuki ecosystem)

### Outcomes & Business Impact

**Quantifiable improvements:**

* Enabled 100% automated accounting (goal)
* mintBlue’s SDK handled 90% of the implementation
* 3.4 GB of data published in 2023; 899 MB retrieved
* 50.5 million simulated documents processed in one day

**Before vs after metrics (where possible):**

* Transition from potentially fraudulent manual systems to secure, automated, real-time validated invoices

**Stakeholder feedback:**

* Easier auditing, improved transparency, time and cost savings
* Reduced security risks and improved fraud detection

### Challenges & Mitigations

**Technical or operational challenges encountered:**

* Integration with existing systems
* Complexity and lack of blockchain expertise
* Privacy and encryption requirements

**How the team leveraged BSV’s capabilities to overcome them:**

* Standardized APIs made integration easy
* Data locally encrypted before pushing to chain (non-custodial model)
* BSV’s stable protocol and scalable architecture enabled seamless processing

### Future Vision

**Expansion plans:**

* Further adoption within Visma ecosystem (100,000+ SMEs)
* Exploring AI output verification and biometric data ownership
* Partnering with other bookkeeping systems to enable interoperability

**Additional BSV functionalities to be explored:**

* Micropayments
* Smart contracts for automation
* NFT-style verifiable credentials for identity

### Testimonial Highlights

* “With mintBlue, we are taking a big step towards achieving our goal; a 100% automated accounting system. mintBlue’s SDK took care of 90% of the solution.” – Jeroen van Haasteren, CTO at Visma | Yuki
* “I wouldn’t trust any other blockchain because your whole business could change tomorrow if their underlying protocol changes.” – Niels van den Bergh, CEO at mintBlue

LEARN MORE: <https://mintblue.com/case-studies/visma>/


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