Totem is building a global interconnected accounting ledger protocol on Substrate. We believe accounting information-flow is broken. It's the same problem for large and small businesses, and the consequence is intensive manual effort at every stage.
Totem can fix that, by connecting the parties to a global accounting protocol that can transmit accounting information without the need for complex EDI interfaces privately, securely and as fast as email.
We will leverage the polkadot network to connect both private and public customers into Totem and aim to replace ERP systems within 10 years.