Every letter of credit is a promise.
Most break.
makes them execute.
Execution infrastructure for trade finance.
Every letter of credit is a promise.
Most break.
makes them execute.
Execution infrastructure for trade finance.
The default rate on short-term trade finance is 0.021%.
Banks decline 41% of applications anyway. The reason is not risk. It is cost.
DTG changes the economics.
5 min 30 sec · $10 trillion moves through trade finance every year. Most of it still runs on hope.
A buyer in Dubai needs $50,000 of goods from a textile manufacturer in Karachi. The buyer asks their bank for a letter of credit.
Processing cost per LC: $800 to $2,200. Fee income on a $50,000 trade: $375 to $1,000.
At best the bank breaks even. At worst it loses money.
The LC is never issued. The manufacturer ships blind, the buyer pays blind, or the trade never happens.
No safety net for either party.
With DTG
Per-trade cost drops below $100. The LC gets issued.
10 days becomes 48 hours.
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What DTG Is
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What DTG Isn't
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A bank running DTG produces a verifiable record of every decision made.
A bank running manual processes cannot.
Three scenarios. Your browser. 60 seconds.