Trade Finance

Transforming trade finance process through our groundbreaking blockchain solution
Learn More

Overview

Blockchain-based trade finance solution for corporate

Corporate send payment instructions to banks for cross-border payments based on documents such as advance letters of credit, bills of lading, invoices, delivery challan, and so on. Currently, banks receive the documents via email and physical copies are sent by courier through the banking channels.

There are some limitations of the current process –

Read More …

  1. No mechanism to ensure the privacy of data in motion and data at rest.
  2. Documents are shared via email, making it difficult to track over time.
  3. Limited counterparty visibility.

Our blockchain-based platform enables information symmetry, transparency, trust, security, and immutability based on our understanding of the business requirements.

  1. A unified version of the truth is securely replicated across all stakeholders.
  2. Automation of the entire process eliminates manual intervention, resulting in a shorter lead time.
  3. Documents move quickly, and transactions are settled in near real-time.

Read Less …

Pain points in existing process

As a new way to secure the transfer of value, blockchain technology promises to increase collaboration, automation, and oversight in trade finance transactions.

Easy availability and robustness of financing mechanisms

Blockchain based trade finance solution

Advantages

Compared to conventional methodologies, our blockchain-based solution has many advantages

Trade Finance Solution using Blockchain for Corporates

The solution is built on top of hyper ledger fabric blockchain framework. The entire transaction process from corporate to bank and return response from bank to corporate is automated.

Want to learn more about our blockchain-based trade finance solution and what we can accomplish together ?