Cross-Company Data Reconciliation in Trade Finance

Manual reconciliation of invoices, payments, and inventory across partners is a massive cost center. A shared ledger provides a single, immutable record, automating this process.

• Example: A global supply chain network reduced its invoice reconciliation time from 45 days to near real-time, cutting associated labor costs by over 70%.
• ROI Driver: Direct reduction in FTE hours spent on dispute resolution and data matching.

Disputes and delays in confirming transactions tie up working capital. With a tamper-proof audit trail, settlement becomes conditional on verified data, not trust.

• Example: In trade finance, letters of credit executed via blockchain reduce settlement from 5-10 days to under 24 hours, freeing capital.
• ROI Driver: Improved Days Sales Outstanding (DSO) and reduced financing costs for all parties in the network.

Proving regulatory compliance across a multi-party process requires aggregating fragile evidence. A permissioned blockchain creates an immutable, timestamped log of all actions.

• Example: Pharmaceutical companies use shared ledgers for drug provenance, automatically generating audit trails for FDA compliance, reducing audit preparation time by 80%.
• ROI Driver: Drastic reduction in audit fees, compliance overhead, and risk of regulatory penalties.

When data and asset ownership are indisputable, you can create new, automated business models like fractional ownership, dynamic pricing, and micro-transactions across ecosystems.

• Example: Media companies use shared ledgers to automatically track content usage across platforms, enabling real-time royalty payments to creators.
• ROI Driver: Unlocks new revenue streams and partnership models that were previously too complex or risky to administer.

Traditional systems rely on siloed data, creating opportunities for double-spending, fraud, and disputes. A synchronized ledger makes these attacks computationally impossible.

• Example: In insurance subrogation, a shared ledger between carriers eliminates duplicate claim payments, reducing annual leakage by millions.
• ROI Driver: Direct reduction in financial losses from fraud and errors, plus lower insurance premiums for operational risk.

Strategic partnerships are hindered by the need to share sensitive data. A blockchain with selective disclosure allows partners to verify claims (e.g., carbon credits, organic certification) without exposing underlying data.

• Example: Retailers and suppliers share a ledger for sustainable sourcing, where a product's ESG footprint can be cryptographically proven to consumers.
• ROI Driver: Enhances brand value, enables premium pricing, and reduces the cost of third-party certifications.

Ensure integrity and compliance in multi-party data sharing. Securely reconcile patient consent, trial results, and pharmaceutical shipments across hospitals, CROs, and regulators on a permissioned chain.

• Example: Pfizer and BioNTech used blockchain to track COVID-19 vaccine shipments, ensuring temperature integrity and automating compliance reporting.
• ROI Driver: Accelerate trial timelines, ensure regulatory audit readiness, and protect against costly data integrity failures.

Solve the complex, opaque royalty calculations between artists, labels, streaming platforms, and publishers. Smart contracts automate distribution based on immutable usage data.

• Example: Spotify acquired blockchain startup Mediachain to explore solving royalty transparency issues, aiming to ensure creators are paid accurately and promptly.
• ROI Driver: Eliminate manual royalty accounting, reduce legal disputes, and build trust with content creators through transparent reporting.

Reconcile energy production, consumption, and environmental attribute certificates (like RECs and carbon credits) across a decentralized grid. Prevents double-counting and greenwashing.

• Example: WePower enables transparent trading of renewable energy, allowing businesses to automatically reconcile energy purchases with sustainability goals on a verifiable ledger.
• ROI Driver: Streamline compliance with ESG mandates, create new revenue streams from asset tokenization, and reduce audit costs for sustainability claims.

Automate multi-party claims involving policyholders, repair shops, assessors, and reinsurers. A shared record of events and assessments cuts processing time from weeks to days.

• Example: AXA's Fizzy platform used smart contracts for flight delay insurance, triggering automatic payouts when flight data APIs confirmed a delay, eliminating claims paperwork.
• ROI Driver: Reduce loss adjustment expenses (LAE), improve customer satisfaction with instant payments, and minimize fraudulent claims through verified data sources.