Digital Workflow

Blockchain protocols and smart contracts facilitate process management involving multiple independent parties sharing a common business workflow.

We build common ledger infrastructures for our clients’ workflows:

  • Use-case analysis and architecture recommendations
  • Integrations to existing systems
  • Platform technology choice
  • Smart contracts implementation and review
  • Deployment, running, monitoring and maintenance

Blockchain Document Workflow

The Conseil Supérieur du Notariat and its branch ADSN started a blockchain initiative aimed at bringing transparency, immutability and security to a common ledger of official legal acts.

The Enforceable Copy (“Copie Exécutoire”) is the authentic copy of a legal document handed over to the bailiff to obtain the execution of a mortgage seizure. This current process is:

  • Paper-intensive
  • Prone to loss and delays
  • Opaque

Blockchain offers a publicly available and verifiable document status to banks, notaries, lawyers and citizens. Blockchain ledgers attribute a unique stamp to documents and operations making them official, while Smart Contracts facilitate atomic ownership transfers so nothing can get lost in the tracks.

Clients

Digital Assets

Tokenization of assets can enable fractional ownership, rapid settlement, reduction in direct costs, increased liquidity and market depth, automated compliance, and asset interoperability.

We help our clients build and run tailor-made made asset-backed tokens:

  • Regulatory framework
  • Issuance process
  • Smart contracts implementation and review
  • Platform technology choice
  • Reconciliation tools

Asset-backed token

French institutional banks are actively studying asset-backed tokens and are keen to explore how a fiat-backed stable coin can facilitate asset swaps and trades.

Building a stable Euro token requires a suited investment vehicle and a proper legal framework.

Applications include financial securities Delivery-versus-Payment.

We monitor the stablecoin landscape, regulatory environment, and market needs for a Euro Stablecoin

We help our clients defining a governance model for token issuance and KYC / AML enforcement.

We developed an stable coin implementation on Ethereum with major French banks.

Clients

Digital Identity

Trustworthy digital identification has been one of the main challenges facing the internet ever since it was invented. Blockchain technology doesn’t just allow for the creation of a better digital ID, but rather presents an opportunity to create a “self-sovereign” identity.

Public Vote on Ethereum Blockchain

To address the shortcomings of traditional voting systems, BELEM has developed a secure remote voting tool whose transparent and reliable result can be audited by anyone. A truly democratic solution.

Thanks to Blockchain and its tamper-proof ledger, organizing an inviolable election becomes simple and inexpensive

The online voting solution developed by BELEM is suitable for any kind of election, professional or political: general meetings, executive committees, council meetings, elections of representatives, referendums, citizen consultations, deliberations. Consulting citizens becomes straightforward.

Clients

Data Management

A shared repository which can handle all reporting obligations in a transparent and auditable manner, enforce business logics, and create a trust protocol between financial institutions and regulators.

Blockchain systems also have the potential to create an electronic voting system that allows for auditing while preserving anonymity of an individual’s votes and that prevents record tampering.

Distributed Financial Reconciliation

EMIR and SFTR financial regulations aim to reduce risks by improving transparency in the securities financing and derivatives markets, notably through reporting obligations.

All counterparties involved must report trades to at trusted third-party, a Trade Repository to provide more transparency to regulators.

Clients

Intellectual Property

Paving the way for a new notarial market, BELEM has developed an authentication tool that provides a simple, economical and safe way to record and protect personal or business data (industrial patent, certificates of birth/death, proof of residence and solvency, financial market data, diplomas, land and proof of ownership of physical items).

Blockchain enables to record a tamper-proof, irrefutable, and immutable proof of existence of data or documents. The time stamp of the latter via its digital signature serves as proof of its existence at a given date.

The content of the data being registered may be shared or remain confidential, but the footprint of the data can be audited by anyone. Security of the data is ensured. The inviolability of Blockchain counteracts the vulnerability of existing notarial processes.

Data Sharing

We developed an innovative platform that relies on cryptography to deliver the next wave in data sharing. Our solution enables independent parties to organize decentralized calculation on private data without revealing their inputs.

Any organization can easily set up a community of players, customize all calculation rules, and may decide to share the result directly with an external party, like a client or a regulator.

Transparency and data privacy are no longer antithetical.

The scope of our platform is large but specifically addressing all areas where parties wish to analyse data without revealing their inputs: like in finance, insurance, healthcare, e-commerce, Internet of Things and much more.