$QNT bagged these 3 enormous trade and supply chain blockchain consortiums 🔄 and it was right in front of our eyes👀
✅GSBN
✅Contour
✅Tradelens
❓And more leads and insights
You don’t want to miss this one🕵️
A thread into Quants leading role in Trade Finance
👇🏻🧵
1/N
First a short deepdive into the ecosystems (how big are they?) and than the leads to a lot of trade networks.
READ TO THE END
2/N
Network 1: GSBN
This Global Shipping Business Network (GSBN) will “handle 1 in 3 containers shipped around the world 🌎 🚢 ”- build on Hyperledger technology
- Founded by 8 global maritime cargo multinationals. Biggest is Costo from 🇨🇳, 288.000 employees✅
- 🇭🇰HK based
3/N
- The network aims to digitalize maritime trade using blockchain 🌊🔗
- Tech partners: Oracle, Microsoft, AntChain & Alibaba Cloud✅
4/N
Network 2: Contour
The worlds biggest Trade Finance Network🌏 - build on Corda (R3) technology
- Launched Q3-2020✅
- Founded by Bangkok Bank, BNP Paribas, CTBC, Citi, ING, HSBC, SEB & Standard Chartered🏦
- Brings together >15 global trade banks
5/N
- Just won ‘best fintech in trade’ 2022 by GTR (biggest trade finance media)
- Operating accross >50 countries🗺
Absolute beast🔥
6/N
Network 3: Tradelens
“The TradeLens ecosystem now includes more than 300 organizations🤯” - build on Hyperledger technology
- Founded by IBM & Maersk. IBM needs no introduction. Maersk is the 2nd largest container shipping company in the world⚓️
7/N
Now the leads, storywise from my POV📖
Before we start some key 🔑 info here is needed to see the whole picture:
$QNT = integrated and the default interoperability solution of Oracle Blockchain Platform (OBP), after Microsoft the biggest software provider in the🌎🔥
8/N
According to the Oracles Blockchain Chief $QNT Overledger is used with many clients. Besides KPMG (big😉) we don’t get a lot of info (nature of enterprise).
Gilbert (CEO) confirmed that since the Oracle Certification they been busy keeping up with demand📈
NOW WE START
9/N
Lets begin with #GSBN.
- GSBN announced going live with Oracle, but the LedgerInsights article was vague about Oracle role exactly (cloud hosting or blockchain?)
Decided it could be nothing so moved on (📸2).
10/N
Totally forgot about GSBN but after reading about GSBN 6 months later I checked their website.
Turn out I (we) were wrong.
GSBN is indeed build on Oracle Blockchain Platform✅
11/N
Not just that, GSBN is explicity named as an example in the blog written by Oracle about $QNT and interoperability😏
Oracle gave us a huge nugget about interop between trade networks GSBN (Oracle based) & #Contour (Corda based)👀
Blog (must read📚):tinyurl.com/yckmyswh
12/N
So we have:
- $QNT as Oracle default interop solution
- Oracle blog about $QNT naming GSBN (client) & Contour
- Team swamped with Oracle client demand after certification
But to be 100% sure we need one more thing. A link between $QNT and Contour
And bamm, there it was🔥
13/N
It all made sense when seeing this last missing link. I have zero doubt, both GSBN and Contour are part of OVN, the network of networks💪🏻
Extremely bullish and huge entities that 99% of crypto can’t even dream of…💭
LETS CONTINUE
14/N
Network #3: Tradelens.
This week new info came to light after a new #ODAP draft with MIT.
They literally named Tradelens when routing data accross DLTs and ecosystems✅
Add in an old team slide from 2020 and safe to say Tradelens =part of OVN🙌🏼
3,1 billion events🤯(📸4)
15/N
Oh and Tradelens partnered with Contour this week✅
Don’t wanna jump to conclusions on this partnership but wouldn’t suprise me if $QNT is involved💁♂️
ALMOST THERE… some final tweets regarding Quant Network and Trade Finance🧵
16/N
Quants big involvement in Trade Finance and Supply Chain is no suprise for long term $QNT holders🏦
The CEO advices‼️the International Chamber of Commerce (ICC) on DLT, the largest business organization in the world🌍(represents 45million companies)
17/N
ICC recently released a report with McKinsey on the global future trade finance system📖
The interoperability layer (DLT API Gateways) is essential to connect all these networks. Gilbert got a Linkedin tag✅
18/N
Hyperledger is involved in many of these Trade Finance and Supply chain initiatives. They know!😏
19/N
Bonus: Marco Polo (another Trade Finance beast🔥) also part of OVN?
Older lead, not as clear as the others but also very possible. But judge yourself 👇🏻📸
20/N
And don’t forget ICICI, INDIAs 🇮🇳 largest private bank (100k employees🧑🏽💻)
ICICI is talking about $QNT, the Network of Networks regarding Trade Finance🎥.
Listen to the whole 55sec video (worth it), ICICI onboarded 500+ clients on their Trade Finance platform!!🔥
21/N
ICICI is also working with 14 other banks and started a new consortium for Trade Finance on blockchain in India.🤝
14 more 🇮🇳banks connected to the OVN?😏
22/N
Trade Finance is a multi trillion dollar market💰
But what so absurd is about the scale of Overledger Network🌎is that these networks will be AVERAGE ecosystems in the world of $QNT…
23/N
Every sector will produce 10s or 100s of networks like this and $QNT is succesfully on its way to connect the biggest ones.
From finance (payments like CBDCs & RTGS), health, pharma, identity and energy to governments (continents), IoT and even Automobile👇🏻🚗
UNCAPPED🔥
24/N
Don’t miss this opportunity of a lifetime (not even top 70)✅
25/25
#tradefinance #Interoperability #networkofnetworks
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