DIGITAL ASSETS in the contract, such as the delivery of a digital shipping manifest or the hit of a specific price index are not met, the transaction simply does not occur. This eliminates the failed trade risk that has historically plagued capital markets.
Practical application and strategic utility Beyond settlement, the practical applications of this technology are reshaping the corporate treasury. In supply chain finance, smart contracts integrated with IoT devices trigger instant payments to suppliers the moment a container is scanned at a port, drastically reducing the need for expensive letters of credit.
3x
the amount respondents that engage with DeFi is set to increase by in the next two years
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