Trusted Third-Party Elimination in Banking & Digital Asset Custody

Eliminate the need for correspondent banks, clearinghouses, and manual reconciliation teams. Smart contracts automate settlement upon predefined conditions, reducing transaction costs by up to 80% and cutting settlement times from days to minutes.

• Example: A global trade finance platform using blockchain reduced document processing from 5-10 days to under 24 hours, saving millions in administrative overhead.
• Benefit: Direct P2P value transfer removes multiple layers of fees and manual validation.

Replace manual compliance checks and forensic audits with an immutable, timestamped ledger. Every transaction and asset movement is cryptographically sealed and verifiable by authorized parties in real-time.

• Example: In pharmaceutical supply chains, a permissioned blockchain provides regulators with instant, tamper-proof proof of provenance and handling conditions, streamlining audits.
• Benefit: Drastically reduces the labor and cost of regulatory reporting and internal audits while providing superior evidence.

Move away from centralized identity providers and paper-based titles. Self-sovereign identity (SSI) and tokenized asset registries allow users to own and control their credentials and prove ownership without a middleman.

• Example: A real estate platform uses tokenized titles, enabling instant verification of ownership and lien status, eliminating title insurance delays and fraud.
• Benefit: Reduces fraud risk, accelerates verification processes (e.g., KYC/AML), and unlocks new asset liquidity.

Coordinate multi-party logistics and payments without a central platform taking a fee or holding data hostage. Shared ledger logic ensures all parties operate from a single source of truth, triggering payments automatically upon delivery confirmation.

• Example: An automotive consortium uses a blockchain to track parts from 100+ suppliers, with payments auto-released upon IoT sensor confirmation of delivery, improving working capital.
• Benefit: Eliminates disputes, reduces capital tied up in invoices, and increases supply chain resilience.

Eliminate repetitive, costly Know Your Customer (KYC) checks by each financial institution. A user-controlled, verifiable digital identity on a blockchain allows for one-time, secure onboarding. Institutions can request permission to access verified credentials, reducing compliance costs and improving customer experience.

• Example: The Sovrin Network provides a decentralized identity framework, allowing users to share verified credentials without a central database. Banks like Canadian Imperial Bank of Commerce (CIBC) have piloted this for client onboarding.
• ROI Driver: Cuts KYC compliance costs by 50-80% per customer and reduces onboarding time from days to minutes.

Replace manual verification with an immutable audit trail. Smart contracts automate the validation of certificates, bills of lading, and ownership records, cutting verification time from days to minutes.

• Example: A luxury goods consortium uses blockchain to track authenticity certificates, reducing counterfeit claims by 85%.
• ROI Driver: Eliminates manual audit labor and reduces fraud-related losses.

Trigger payments automatically upon verifiable fulfillment of contract terms, removing the need for reconciliation and dispute resolution by a third-party arbiter.

• Example: A food distributor pays suppliers instantly upon IoT sensor confirmation of delivery and temperature compliance, improving supplier cash flow by 30 days.
• ROI Driver: Reduces days sales outstanding (DSO) and eliminates invoice factoring fees.

Create a single source of truth for multi-party transactions (e.g., trade finance, insurance claims). All authorized parties access the same immutable ledger, ending costly reconciliation processes.

• Example: In trade finance, a letter of credit process involving importer, exporter, and two banks is reduced from 5-10 days of document shuffling to <24 hours of automated checks.
• ROI Driver: Cuts operational overhead by up to 50% and reduces settlement risk.

Allow customers to own and control their verified identity credentials, sharing them selectively without relying on a central authority for re-verification.

• Example: A bank pilot enables customers to use a reusable digital ID for account opening, cutting KYC cost from $50+ per customer to near zero for repeat use.
• ROI Driver: Dramatically lowers compliance costs and improves customer onboarding conversion.

With intermediaries removed, pilot programs often uncover opportunities for new, automated services and marketplaces that were previously untenable.

• Example: An equipment lessor creates a tokenized asset marketplace for fractional ownership and secondary trading, unlocking liquidity from a stagnant balance sheet.
• ROI Driver: Transforms cost centers into profit centers, creating new revenue streams.