Visma | Yuki solution by mintBlue
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?
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
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
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