Consilium has been founded by a team of investment and corporate bankers with a passion for disruptive technologies.
Consilium’s Trade Finance (CTF) System uses Distributed Ledger Technology (DLT) employing Blockchain. This enables importers, exporters and their respective Financial Institutions (FI’s) to share information on a private ledger more efficiently and at a fraction of the cost.
CTF Product Features.
Rapid
Creation, exercising LoCs & money transaction confirmation within minutes.
Low Fees
Up to 70% cheaper for end-to-end processes.
Private
Transactions kept private and only shared with the parties involved.
Secure
Protection against hacking, spying and bank fraud.
Reliable
Smart Contracts on Distributed Ledger Technology (DLT) for immutable records.
Simple Process
Reduced transactional and operational footprint.
Smart Contracts
Automated transactions through digital Asset class based smart contracts.
Real-time Updates
Visualise data in real-time on a universal platform.
Reduced Fraud
Nullify the risks of fraud using the immutable Consilium Blocks for transactions.
CTF Ecosystem.
Consilium have developed a streamlined and simplified smart contract based process. This results in lower cost and efficiency gains for all parties involved in the transaction. This will facilitate in swift LoC issuance and an increased acceleration to market and the shipment of goods.
The current trade finance process is inefficient; labour intensive, high cost and time-consuming. This often leads to failure between parties to reach an agreement. Take a look at our process analysis document below.
Frequently Asked Questions.
Consilium has been founded by a team of investment and corporate bankers with a passion for disruptive technologies.
The current trade finance process is inefficient; labour intensive, high cost and time-consuming. This often leads to failure between parties to reach an agreement.
Consilium have developed a streamlined and simplified smart contract based process. This results in lower cost and efficiency gains for all parties involved in the transaction. This will facilitate in swift LoC issuance and an increased acceleration to market and the shipment of goods.
Banks and other Financial Institutions, Commodities Brokers, Importers/Exporters and Corporates.
Quorum is an enterprise version of Ethereum. It was created by JP Morgan and has been chosen due to its high throughput and technological innovation.
Consilium will be a regulated company with all due diligence being made available to all regulators.