Distributed Ledger Technology

All network participants have access to the distributed ledger and its immutable record of transactions. With this shared ledger, transactions are recorded only once, eliminating the duplication of effort typical of traditional business networks.

Immutable records

After a transaction is recorded in the shared ledger, no participant can change or tamper with the relevant information. If there is an error in the transaction record, a new transaction must be added to undo the error, both transactions will then be visible.

To speed up transactions, a series of automatically executed rules called "smart contracts" are stored on the blockchain. Smart contracts can define the conditions under which corporate bonds are transferred, including terms regarding travel insurance to be paid, and more.