Automated Sanctions & Watchlist Screening

Eliminate the 24-72 hour delays of batch processing. With a permissioned blockchain network, sanctions screening occurs in real-time as transactions are proposed, enabling instant settlement for compliant parties.

• Example: A global trade finance consortium reduced letter of credit clearance from 5 days to under 4 hours by integrating screening logic into their shared ledger.
• Benefit: Unlocks working capital and accelerates revenue cycles.

Stop screening the same customer ten times across ten banks. A shared source of truth for entity verification allows one member to perform due diligence, with others trusting the cryptographically signed attestation.

• ROI Driver: Reduces per-customer screening costs by an estimated 60-80% by eliminating redundant checks.
• Compliance Plus: Creates an immutable audit trail for regulators, proving consistent application of rules across the network.

Replace manual report generation with an immutable, timestamped ledger. Every screening decision, rule change, and alert is recorded on-chain.

• For Auditors: Provide instant, verifiable proof of compliance over any time period.
• For Operations: Automate regulatory reporting, cutting manual labor and reducing human error. This turns compliance from a cost center into a streamlined, defensible process.

Legacy systems generate high false-positive rates (often >95%), requiring expensive manual review. A network can leverage shared intelligence and smarter, programmatic rules (Smart Contracts) to improve accuracy.

• Impact: A major European bank implemented a blockchain-based network with correspondent banks, reducing false positives by 40%, saving millions annually in investigation costs.
• Result: Teams focus on genuine risks, not noise.

Managing rapidly changing global sanctions lists across silos is error-prone. A blockchain network enables governed, consensus-driven updates.

• Process: Proposed list updates are voted on by network validators (e.g., major banks, regulators). Once approved, the new list is instantly and uniformly propagated.
• Benefit: Ensures all network participants screen against the exact same, authorized list, eliminating compliance gaps and version control issues.

Acknowledging the hurdle: The primary barrier is not technology, but establishing the legal frameworks and economic incentives for competitors to share data.

• The Path Forward: Start with a consortium in a non-competitive niche (e.g., trade finance for a specific commodity). Use a phased rollout to prove ROI on reduced friction and cost before expanding.
• Realistic ROI: Initial investment is in coalition-building; the payoff is long-term operational dominance.

Proving compliance is as critical as achieving it. Blockchain creates a tamper-proof ledger of every screening check, wallet analysis, and decision.

• Key Benefit: Provides regulators with instant, verifiable proof of due diligence, streamlining audits.
• Business Value: Cuts audit preparation time from weeks to hours and strengthens your legal defensibility.

Legacy systems flag vast numbers of legitimate transactions, requiring expensive manual review. On-chain reputation systems and transaction history provide context to intelligently filter alerts.

• Business Benefit: Can reduce false positive rates by over 50%, freeing compliance teams to focus on genuine threats.
• Outcome: Faster transaction throughput for legitimate customers without compromising security.

A consortium of banks implemented a blockchain trade platform with integrated screening. Every letter of credit and invoice is automatically checked against real-time watchlists.

• Result: Reduced screening and dispute resolution time from 5-10 days to under 24 hours.
• Quantified ROI: Estimated $15M annual savings across the network from reduced delays, manual labor, and lower fraud losses.