Digital Prizm
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FinTech & BlockchainBlockchain & Web3 Development2023
BlockchainTrade FinanceSmart Contracts

Blockchain-Based Trade Finance Platform for FinTech

A financial institution needed to reduce trade finance processing time and eliminate document fraud across cross-border transactions.

Team

6 blockchain engineers + 2 compliance specialists

Timeline

20 weeks end-to-end

Client

Mid-tier Commercial Bank (South Asia)

Outcomes Delivered

74%

Processing Time Reduction

99.8%

Audit Trail Coverage

$980K

Annual Operational Savings

Our Approach

How we delivered it

1

Conducted a 3-week process mapping exercise with the trade finance, compliance, and IT teams to document all 47 steps in the existing LC workflow.

2

Designed a permissioned Hyperledger Fabric network with nodes for the bank, counterparty banks, and regulatory observers.

3

Developed smart contracts for Letter of Credit issuance, amendment, and settlement — reducing manual approval steps from 11 to 3.

4

Built a compliance layer that automatically flags transactions against SWIFT sanctions lists and generates audit-ready reports.

5

Completed a third-party security audit before production launch; zero critical vulnerabilities found.

Solution Summary

What we built

Developed a permissioned blockchain platform with smart contracts for automated trade finance workflows.

Technology Stack
Hyperledger FabricNode.jsReactPostgreSQLDockerKubernetes
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