Automating Asset Reconciliation for Banking & Custody

Replace manual invoice factoring with smart contract-based financing. When goods are verified as delivered on-chain, payment is released automatically, slashing processing time and cost.

• Real Example: A major retailer reduced invoice reconciliation from 45 days to near-instant, freeing up $2B in working capital.
• Key Benefit: Dynamic discounting and reduced fraud through immutable proof of delivery.

Create a tamper-proof ledger for regulatory reporting and ESG tracking. Every transaction and data point is cryptographically sealed, providing a verifiable history for auditors.

• Real Example: Pharmaceutical companies use blockchain to track drug provenance, ensuring compliance with the DSCSA (Drug Supply Chain Security Act) and reducing audit preparation time by 70%.
• Key Benefit: Automated reporting and drastically lower compliance overhead.

Digitize and automate trade documentation (Letters of Credit, Bills of Lading) on a shared ledger, eliminating the need for multiple, mismatched paper copies.

• Real Example: A global shipping consortium cut document processing from 5-10 days to under 24 hours, reducing costs by 15-20% per shipment.
• Key Benefit: Faster settlement, reduced fraud, and improved liquidity for all parties.

Use smart contracts to automatically track asset usage and distribute royalties in real-time, replacing complex, quarterly manual calculations.

• Real Example: A music streaming platform implemented blockchain to pay artists instantly per stream, increasing transparency and trust while reducing administrative costs by over 30%.
• Key Benefit: Real-time micropayments and elimination of payment disputes.

Enable customers to own and share verified credentials (like a reusable KYC profile) with multiple institutions, eliminating redundant checks.

• Real Example: A banking consortium reduced customer onboarding time from weeks to minutes and cut per-customer compliance costs by ~$50.
• Key Benefit: Faster onboarding, enhanced privacy, and shared compliance cost savings.

Automate claims processing by connecting smart contracts to verified data oracles (e.g., flight delays, weather data). Payouts are triggered automatically when conditions are met.

• Real Example: An airline insurer automated flight delay payouts, processing claims in seconds instead of weeks, with a 99% reduction in fraudulent claims.
• Key Benefit: Instant payouts, dramatically lower fraud, and superior customer experience.

Digitizes and automates property transactions. A shared ledger provides a single source of truth for titles, liens, and ownership history. Smart contracts hold funds in escrow and automatically release them to the seller and pay commissions to agents once all conditions are met.

• Key Benefit: Reduces title search and closing costs, while virtually eliminating title fraud.
• ROI Driver: Can reduce closing costs by 50% and cut transaction times from 45+ days to under a week.

Solves the costly problem of reconciling patient data and payments across providers, insurers, and pharmacies. A permissioned blockchain creates an immutable audit trail for patient consent and data access, while automating claims adjudication against pre-agreed rules.

• Key Benefit: Dramatically reduces administrative waste and ensures compliance (HIPAA/GDPR) through transparent data governance.
• ROI Driver: The U.S. healthcare system could save over $100B annually by reducing administrative complexity.

Creates a shared, immutable record for shipping manifests, letters of credit, and customs declarations. All parties—exporters, importers, shippers, banks, and customs agencies—access the same verified data. Pilots by Singapore Customs and others have shown significant reductions in document fraud and processing times.

• Key Benefit: Eliminates the need for paper-based documents and manual checks at borders.
• ROI Driver: Reduces customs clearance times by over 80% and cuts associated administrative costs by nearly 50%.