Smart contract LC on a shared permissioned chain. All four parties see the same state simultaneously. Amendment triggers automatically. Collateral adjusts in real time.
Trade Finance Market (GM Insights 2024)
Unserved Demand — The Trade Finance Gap (ADB 2022)
Bank-grade control measures for digital issuance and management of Letters of Credit. KYC/AML-related data exchange and auditable records support the issuing institution’s review.
Single submission, shared workspace for document management. All four parties — importer, exporter, issuing FI, nominated FI — work from the same state.
Built-in validation and policy rules for automated clearance. Smart contract execution eliminates manual queueing and bilateral messaging chains.
Access to RWA financing markets for competitive funding. Tokenised LC receivables tradeable in RWA marketplace — freeing working capital for SMEs.
Centralised management, searchable, permission-controlled, tamper-proof. All four parties see the same state simultaneously — no document version conflicts.
Compressed acceptance cycles, reduced total cost. T+0 settlement replaces T+7 or longer traditional LC cycles.
Real-time visibility into every LC in the network. Status, collateral, counterparty risk — all in one view.
Shipment delayed? Strait closed? LC expiring? Amendment request triggers automatically — all four parties notified simultaneously.
Collateral adjusts in real time as risk conditions change. No manual re-verification. No bilateral messaging.
A corporate that has priced risk in real time will not go back to a bank that prices it on Tuesday morning with a spreadsheet.
LC receivables tokenised and tradeable in the RWA marketplace — freeing working capital for SMEs. Programmable cash flows and automated rollovers. Fixed income as a dynamic, liquid asset.
