66  Blockchain

• Derivatives

⚬

⚬Blockchain-based platform for OTC (Over the Counter) deriva-

tives post-trade lifecycle

⚬

⚬Blockchain-based platform for exchange-traded derivatives trade

lifecycle

⚬

⚬Blockchain-based platform to manage collateral for cleared

derivatives

• Security financing

⚬

⚬Blockchain-based platform for repurchase agreements and secu-

rity swaps across collateral pools

• Asset management

⚬

⚬Blockchain-based fund distribution and register platform

⚬

⚬Platform for end-to-end fund distribution, administration and

servicing

⚬

⚬Blockchain-based end-to-end platform for tokenised funds

• Others (Enablement/Facilitation/Enablers)

⚬

⚬Platform for digital asset issuance

⚬

⚬Blockchain-based platform to facilitate wholesale payments

⚬

⚬Platform to facilitate capital market digitalisation

⚬

⚬Platform to facilitate digital asset issuance

Use cases

• FundsDLT (https://www.fundsdlt.net): Blockchain platform to digi-

talise fund distribution

• Project Jasper: As stated in the new release on 12 October 2018 –

Payments Canada, the Bank of Canada, TMX Group, Accenture and

R3 have published a feasibility report on clearing and settlement of

securities using DLT. This initiative proved that DLT technology can

enable equity settlement.

Trade finance

Overview

As the name suggests, trade finance is a term used for facilitating interna-

tional trade through the use of various financial instruments and products.

It enables importers and exporters to compete in end-to-end international

trade through financial instruments as per the agreement or contract.

There are various parties involved in trade finance. The following are the

main parties, to name a few:

• Banks

• Trade finance companies (third parties providing financial solutions

including brokers or intermediaries)

• Importers and exporters (Figure 3.1)