Clients / letters-of-credit
LC Lite - Supply Chain Finance
How to accelerate, simplify and reduce the cost of letter of credits?
Operate a DLT consortium on which every trade is tracked from purchase order to final payment.
- Designed a novel DLT smart contract architecture as an alternative to letters of credit.
- Great user experience with easy to understand interfaces.
- Convinced a large technology fund to invest into the new venture 3 months after project completion.
- Highly compliant solution implementing all regulatory and customer checks.
- High automation level streamlining business operation.