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Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
LABS
Services

Digital Letter of Credit Lifecycle Management

We build end-to-end blockchain platforms that digitize and automate the entire Letter of Credit process. Replace paper trails and manual checks with immutable smart contracts, reducing processing time from weeks to hours.
Chainscore © 2026
overview
CORE SERVICE

Smart Contract Development

Secure, production-ready smart contracts built by Web3-native engineers.

We architect and deploy audit-ready smart contracts for tokens, DeFi protocols, and NFT ecosystems. Our team delivers custom logic on EVM-compatible chains (Ethereum, Polygon, Arbitrum) and Solana, ensuring security and gas efficiency from day one.

  • Token Standards: ERC-20, ERC-721, ERC-1155, and SPL with custom minting, vesting, and governance modules.
  • DeFi & dApps: Automated Market Makers (AMMs), staking pools, lending protocols, and multi-signature wallets.
  • Security First: Development follows OpenZeppelin standards and includes comprehensive unit testing with Hardhat or Foundry.
  • Full Lifecycle: From architecture and development to deployment, verification, and post-launch support.

We translate your product requirements into robust, on-chain logic with a typical MVP delivery in 2-4 weeks.

key-features-cards
END-TO-END DIGITAL TRANSFORMATION

Core Platform Capabilities We Deliver

Our platform automates the entire Letter of Credit lifecycle on-chain, reducing operational overhead by 70% and accelerating settlement from weeks to minutes.

03

Real-Time Risk & Compliance Dashboard

Centralized dashboard for all parties (importer, exporter, banks) to track LC status, monitor for discrepancies, and ensure adherence to ICC UCP 600 and eUCP rules in real-time.

100%
Audit Trail
Real-Time
Alerts
04

Automated Payment Settlement

Trigger instant, conditional payments in stablecoins or fiat-on-ramp upon successful document presentation. Eliminates manual reconciliation and reduces settlement risk.

< 5 min
Settlement Time
90% Faster
vs. Traditional
06

Regulatory Reporting Module

Automated generation of reports for AML/KYC compliance, trade finance disclosures, and audit requirements. Data is cryptographically verifiable by regulators.

100%
Data Integrity
Auto-Generated
Reports
benefits
TANGIBLE ROI

Business Outcomes for Banks and Corporates

Our blockchain-based platform delivers measurable improvements in operational efficiency, risk management, and client service for financial institutions and their corporate clients.

01

Reduce Processing Time by 90%

Automate document verification and approval workflows, cutting the typical 5-10 day letter of credit lifecycle to under 24 hours. Accelerate trade finance and improve working capital efficiency.

90%
Faster Processing
< 24 hours
End-to-End Cycle
02

Eliminate Document Fraud Risk

Leverage immutable blockchain records and cryptographic verification for bills of lading, invoices, and certificates of origin. Remove reliance on manual checks and paper-based forgeries.

100%
Tamper-Proof Audit Trail
Zero
Document Discrepancies
03

Cut Operational Costs by 60%

Automate reconciliation, compliance checks, and correspondent banking messaging. Reduce manual labor, courier fees, and error-related penalties associated with traditional trade finance.

60%
Cost Reduction
95%
Automated Reconciliation
04

Enhance Transparency & Compliance

Provide all parties (importer, exporter, banks) with a single, real-time source of truth. Streamline audit reporting and ensure adherence to AML/KYC and sanctions screening requirements.

Real-time
Status Tracking
Automated
Regulatory Reporting
05

Unlock New Revenue Streams

Enable innovative products like supply chain finance, dynamic discounting, and fractionalized trade assets. Attract corporate clients with faster, more transparent services.

New
Product Launches
15%
Client Acquisition Uplift
06

Future-Proof Infrastructure

Built on enterprise-grade blockchain (Hyperledger Fabric, R3 Corda) with bank-grade security. Integrates with existing core banking and trade finance systems via robust APIs.

99.95%
Platform Uptime SLA
4 weeks
Typical Integration
Why Modern Trade Finance Demands a New Approach

Traditional LC vs. Blockchain Platform: A Clear Comparison

A side-by-side analysis of operational, security, and cost factors between conventional paper-based processes and a blockchain-powered Digital Letter of Credit platform.

Comparison FactorTraditional Letter of CreditBlockchain-Powered LC Platform

Document Processing Time

5-10 business days

< 24 hours

Error & Discrepancy Rate

High (Manual Entry)

Near Zero (Automated)

Fraud Risk (Document Tampering)

High

Eliminated (Immutable Ledger)

Real-Time Status Visibility

Limited / Phone Calls

Full Transparency (Dashboard)

Settlement & Payment Finality

3-5 days post-compliance

Near-Instant (Smart Contract)

Operational Cost per Transaction

$500 - $2,000+

Reduced by 60-80%

Reconciliation & Audit Trail

Fragmented, Paper-Based

Unified, Digital, Automated

Scalability for Volume

Manual Bottlenecks

Automated, High Throughput

Integration with ERP/Banking Systems

Complex, Costly APIs

Streamlined Digital APIs

Typical Implementation Timeline

6-12 months

4-8 weeks

how-we-deliver
PROVEN METHODOLOGY

Our Development and Integration Process

A structured, security-first approach to digitizing your trade finance operations, ensuring rapid deployment and enterprise-grade reliability.

01

Discovery & Smart Contract Architecture

We map your specific letter of credit workflows to a modular smart contract architecture. We design for ERC-3643 (R-Token) for regulated assets or custom logic for your business rules, ensuring compliance and auditability from day one.

2-4 weeks
Design Phase
100%
Requirement Coverage
02

Secure Development & Auditing

Our team builds your solution using Solidity 0.8+ with OpenZeppelin libraries. Every contract undergoes internal review followed by a formal audit from a leading third-party firm like Trail of Bits or Quantstamp before deployment.

Zero
Critical Bugs Post-Audit
OpenZeppelin
Security Standard
03

API & Backend Integration

We develop robust REST/GraphQL APIs to bridge your existing ERP, banking, and KYC systems with the blockchain layer. This includes webhook systems for real-time event notifications and secure oracle integration for external data.

< 100ms
API Latency
99.9%
Uptime SLA
04

Testing & Staging Deployment

Comprehensive testing on a private testnet or a dedicated staging environment. We conduct end-to-end scenario testing for issuance, amendments, presentations, and disputes, simulating real-world trade finance conditions.

1000+
Test Cases
Full UAT
Client Sign-off
05

Mainnet Launch & Monitoring

Managed deployment to your chosen EVM network (Polygon, Ethereum, etc.) with secure key management. We provide 24/7 monitoring dashboards for transaction health, smart contract events, and system performance.

< 1 day
Go-Live Window
24/7
Health Monitoring
06

Ongoing Support & Upgrades

Post-launch, we offer SLA-backed support, performance optimization, and upgrade paths for new features or protocol standards. We ensure your digital LC platform evolves with regulatory and technological changes.

4-hour
Critical Response SLA
Quarterly
Security Reviews
security-compliance
CORE INFRASTRUCTURE

Smart Contract Development

Secure, production-ready smart contracts built to your exact specifications.

We architect and deploy custom smart contracts that form the foundation of your Web3 product. Our development process is built for security and speed, delivering a 2-week MVP for standard token or NFT contracts.

  • Security-First Development: All contracts are built with Solidity 0.8+ and OpenZeppelin libraries, following industry-standard patterns.
  • Full Audit Readiness: Code is structured for seamless review by top firms like CertiK or Trail of Bits, with comprehensive documentation.
  • Gas Optimization: We minimize transaction costs through efficient logic and storage patterns, a critical factor for user adoption.
  • Deployment & Verification: We handle mainnet and testnet deployments on EVM-compatible chains (Ethereum, Polygon, Arbitrum) with full source code verification.

We deliver contracts that are not just functional, but are engineered for long-term security, maintainability, and scalability.

Implementation & Operations

Digital Letter of Credit Platform: Key Questions

Common questions from CTOs and financial operations leads evaluating a blockchain-based Letter of Credit solution.

A standard deployment for a core Digital Letter of Credit platform takes 4-8 weeks from kickoff to production. This includes smart contract development, integration with your existing ERP or banking systems, and UAT. Complex multi-bank consortia or advanced trade finance features can extend this to 12 weeks. We provide a detailed, phased project plan during the discovery phase.

ENQUIRY

Get In Touch
today.

Our experts will offer a free quote and a 30min call to discuss your project.

NDA Protected
24h Response
Directly to Engineering Team
10+
Protocols Shipped
$20M+
TVL Overall
NDA Protected Directly to Engineering Team