Leveraging on blockchain and DLT, and on its already developed idea that revolutionizes the Inventory financing market, the Fintech company wanted to explore the way to transform an already digitized physical inventory in a bankable asset, enabling its distribution to private and professional investors, in full respect of laws and regulations, in a given elected country, through the existing bank network.
We have been asked to help a Fintech company in a feasibility study, with the following main goals:
• Identify banks, whose business model is mainly in the digital world, available to be involved in designing and implementing, in a partnership, the tokenization of Inventories and, more in general, the Digital inventory tokens distribution,
• Propose a project plan, roles and responsibilities and draft an initial set of business processes to be deeply explored,
• Facilitate the journey, through the targeted processes design phase, keeping track of the project roadmap and beating the clock.
This mandate was seen by BWS as an opportunity to enter in a very promising sector, where combining traditional and digital banking with more fintech driven business models is at the same time a challenge and a potential for success stories never imagined.
We have been able to attract the interest of a digital bank and involve them in the study, despite the fact that the maturity of the regulations in the bank industry and in the fintech industry is very different.
Time has been spent in aligning the vision on the business case, producing real cases, discussing about options on which type of digital tokens is the most indicated for: i) staking, ii) distribution with rewards, iii) distribution with value increase, iv) others.
At present, the consolidation of thoughts and proposals is in progress, waiting for a green light to proceed on both sides.