Trade Finance & Supply Chain
Letters of credit, invoice factoring, and provenance tracking are classic consortium problems — many parties, shared state, and a hard requirement that competitors on the same network not see each other's books.
Why the primitives fit
- Private, per-relationship networks solve the confidentiality problem that sank earlier enterprise-blockchain efforts: isolate by trade relationship, or encrypt sensitive payloads at the application layer.
- Named accounts for banks, exporters, importers, carriers, and customs — accountable identities, not anonymous addresses.
- Multisig for document approval and conditional release; instant finality for settlement the moment terms are met.
- Provenance as an append-only, freely auditable record across the chain of custody.
Deployment shape
A trade consortium (banks + corporates + logistics) runs a network with rules matching the trade agreements; bridges connect to other networks only where the business requires.