10 use cases and their ROI.

While some numbers are understandably not public, we tried to put together tangible metrics for 10 different blockchain projects that are all live and running today.

At atato we build blockchain software for enterprises and businesses to create new business models and enhance their existing information systems. 

Finance:

1/ Union Bank used blockchain-powered by ConsenSys and Kaleido to improve access to banking for people in the Philippines. Blockchain drastically reduced the cost of money transfer and allowed more people to get access to banking services at a fraction of the cost.

  • Blockchain brought down the cots of remittance from 30 Philippines Pesos to 1 peso, increasing the volume of transactions and onboarding new clients who previously couldn’t afford transfers on their own.

2/ A company built a blockchain-powered financial service. Atato built the entire stack of blockchain technology including smart contracts and token modelization enabling them to start operating their business.

  • Blockchain increased the company’s valuation tenfold, thanks to new business models offered by the technology.

3/ Thailand’s Public Debt Management Office: bonds issuance on the blockchain. Bringing the minimum bond face value from 1,000 Thai Baht to 1 Baht with a minimum initial subscription of 100 Baht. The ability to issue and trade securities in smaller amounts allows much broader access to issuers and buyers.

  • Blockchain divided the cost of issuing financial products by a factor of 10 and reduced the entrance barriers to buyers of those bonds.

4/A financial company is using atato blockchain solutions to optimize its internal processing of customer transactions. This project is delivered by atato and confidential.

  • Blockchain increases revenue generation, bringing a full return on investment within 9 months.

Trade Finance:

5/ Komgo from ConsenSys: Trade finance platform for commodities. Komgo eliminates friction in documentation transfer such as for letters of credit reducing the cost of a trade drastically. Komgo is handling more than US$ 1 Billion of trades for its first year of operation and brings an estimated 30–40% increase in cash-flow gains across the entire production chain due to streamlined operations.

  • Investment for the entire platform of US$ 15M for 20 to 50% reduction in operational costs.

6/ BCI: 22 Thai banks bring the letter of guarantee on the blockchain, eliminating costly and long-handling paperwork. This E-LOG is enabling small and large companies to practically and affordably access the digitalized services.

  • Investment of US$ 15 million with the blockchain platform aiming to process 250,000 LOG per year with a value of US$ 22 billion.

Real estate:

7/ Mata Capital: Tokenization of real estate to optimize the processing of securities registers for its real estate investment products. It was started by tokenizing a EUR€ 26 million building in Paris. Blockchain allows issuance of fractional asset investment at a minimum cost for the issuers of those products. It is particularly suited for real estate, where the price of entry is generally high.

  • Blockchain divides the cost of fund subscription from EUR€ 1000 to EUR€ 1.00, increasing access to real estate investment funds for small investors drastically.

Supply chain:

8/ Siam Cement Group (SCG): SCG’s blockchain solution called “Procure to Pay platform” adopted in 2018, with 240 suppliers already joining this platform. The solution contributes to a cost reduction by 70% and enables a more streamlined operation. SCG aims to make the platform more generally available for 2,400 partners in the coming years.

  • The B2P platform helps shorten the overall procurement processing time by 50% or from 70 minutes previously into only about 35 minutes per cycle. The platform speeds up the invoice and verification process, which reduces the average time spent on the procurement of 1,600 items per day by 56,000 minutes.

9/ Pacifical: Food traceability on the blockchain aiming to bring transparency and accountability throughout the tuna supply chain. With a blockchain track and trace platform delivered by atato, Pacifical and other tuna brands are harvesting blockchain technology to bring their customers to access to their supply chain.

  • Blockchain traceability is taken into account by NGO scoring system, allowing brands to rank up in yearly sustainability reports.

10/ Tradelens: Maerks and 92 companies use the blockchain platforms to give users the ability to keep all the necessary workflow in digital format. Every certificate, accompanying document, and other papers are stored in the blockchain to drastically simplifies transit time and audits.

  • The blockchain platform executed a test of 154 million logistic operations on blockchain to achieve a 40% transit time reduction and allowing significant cost reduction.

If you wish to know more about what blockchain can do for your business, contact us at [email protected] !