Capgemini-區(qū)塊鏈的創(chuàng)新應(yīng)用（英）

Innovative

ApplicationsofBlockchain

Inpartnershipwith

InnovativeApplications

ofBlockchain

Theadoptionofblockchaintechnologycontinuestogainmomentuminthefinancialservicesindustry.WeatOasisProandCapgeminihaveseenfirst-handthepotentialofblockchaintoevolvecapitalmarkets.InthisPOV,wewillbeexploringthreeinnovativeapplicationsofblockchain:

–SeparatelyManagedAccounts(SMAs)

–KnowYourCustomer(KYC)/Anti-MoneyLaundering(AML)usecases

–CapitalFinancing

DefiningaDecentralizedFuture

Withthebenefitsofblockchaintechnologyapparent,financialinstitutionsareslowlymakingthetransition

fromWeb2toWeb3.Butduetothenascencyofthe

space,manylackaproperframeworktoreachtheir

goals.AsWeb3maturesandthetechnologyevolves

further,understandingthetechnologywillbecrucialtodevelopingeffectiveroadmaps.

Capitalizingon

blockchainbenefits

Thecrucialinnovationthatblockchainbringsistheabilitytocreatedigital,auditable,andimmutabledatatrailsofrecords.Theimmediateresultsaremoretransparency,shortersettlementtimelines,lowercosts,andgreater

efficiencies.Allthesefactorstogetheropenthedoortoanincrediblerangeoffinancialinnovations.

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“CombiningthepowerofblockchainwithAI/MLtechnology

inthetokenizationofReal-WorldAssets(RWA)holds

immensepotentialfortransformingthewaywemanageand

interactwithtangibleassets.AI/MLalgorithmscananalyze

vastamountsofdata,enablingpredictiveanalyticsand

smarterdecision-makinginassetvaluation,riskassessment,

andportfoliomanagement.”

GauravC.Patrikar,VPEnterpriseTechnologyofOasisPro

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Threeaspectsoffinancethatblockchain

willchangeforever

HerearesomeofthespecificbenefitsthatdecentralizedledgerscanbringtoSMAs,KYC/AML,andcapitalfinancing.

AdministeringSMAsontheblockchain

ASeparatelyManagedAccount(SMA)isatypeofinvestmentaccountthatisownedbyanindividualinvestorandmanagedbyaprofessionalasset

managementfirm.It’salsoknownasanindividuallymanagedaccount,asinglemanagedaccount,oraprivatewealthmanagementservice.

Leveragingtheinnovationofblockchaintechnology,

amoresecureandtransparentplatformcanbe

createdforadministeringandexecutingonSMAs.Theblockchain-basedplatformcouldallowinvestorsto

viewtheiraccountinformation,transactionhistory,

andprofit/lossinreal-time.Additionally,theplatformwouldprovidealertsandnotificationsintheeventofanydiscrepanciesorirregularities,ensuringup-to-dateinformationoninvestmentperformance.

Intraditionalfinance,SMAsusuallyrequireaminimuminvestment,whichcanbequitehigh(often$100,000

ormore),makingthemmoresuitableforhighnet-

worthindividuals.OurproposedsolutionofleveragingblockchaintotokenizeSMAswillprovideinvestorswiththeabilitytoownfractionalsharesofhigh-valueassets,suchasrealestate,artwork,orintellectualproperty.

Thisincreasesliquidity,lowering(oreliminating)theneedforaminimuminvestment,andmakesSMAsaccessibletoabroaderrangeofinvestors.Average,

DigitizingKYC/AMLprocedures

Withblockchain,wecancreateasecureandefficient

systemforidentityverificationandauthentication.Theblockchain-basedsystemwouldallowustostoreand

managecustomeridentificationdocuments,suchas

passportsanddriver’slicenses,inasecureandtamper-proofmanner.Moreover,thesystemwouldenableustomonitorandtrackcustomertransactions,helpingustodetectandpreventanysuspiciousactivity.

Weareinvestigatinghowblockchaincanprovide

individualswithcontrolovertheirpersonaldataand

enableconfidential,secureandverifiabledigital

identities.ThiscouldstreamlineprocessessuchasKYCandreducetheriskofidentitytheft.

Blockchaintechnologyalsodigitizesrecordsof

customeridentitiesandtransactionhistorywith

tamper-proofandtransparentdata,mitigating

errorsandomissions.Thisinnovationcanhelp

financialinstitutionscomplywithKYC/AML

regulationsmoreeffectivelyandensurethe

accuracyandsecurityofcustomerinformation.

individualinvestorswillthusgainaccesstothesame

investmentstrategiesashighnet-worthindividuals.

“TheadoptionofblockchainintheFinTechindustrywillnotonlystreamlineprocessesbutalsoenhancesecurity,privacy,and

accountability.Thefutureoffinancelies

inthehandsofblockchain,pavingthewayforatrulydecentralizedanddemocratizedfinancialecosystem.”

VirenKhandelwal,CTOandCISOofOasisPro

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“BlockchaininitiativescontinuetotransformBanking,CapitalMarketsandInsuranceandtheemergingusecasesclearlyshowthe

opportunitiestogetmoreefficient.”

SankarKrishnan,EVP,BankingandCapitalMarketsandHeadDigitalAssetsatCapgemini

Enablingcapitalfinancingon

blockchainnetworks

oflendersandborrowers,blockchainalsoprovides

moretransparency,thusreducingtheriskoffraud

whenraisingcapitalfromdifferentlendersagainstthesamecollateral.

Businesseslookingtoraisecapitalcanalsoleveragetheimmutabilityandtraceabilityofblockchaintocreateatransparentandauditablerecordofpurchaseorders.

Thisrecordcanthenbeusedascollateraltosecure

financingfromlenders,suchasbanksorotherfinancialinstitutions.Byusingblockchain,allpartiesinvolvedinthetransaction,includingthebuyer,seller,andlender,canhavereal-timevisibilityintotheprogressofthe

purchaseorder.Thistransparencyreducestheriskforlendersandprovidesthemwithgreaterconfidenceinextendingcapitalfinancing.

Furthermore,theuseofsmartcontracts(self-executingprograms)ontheblockchainallowsfortheautomatedexecutionoffinancingagreements.Oncecertain

predefinedconditionsaremet,suchassuccessful

deliveryofgoodsorverificationofpayment,thesmartcontractcanautomaticallyreleasefundstotheseller.

Capitalfinancingagainstpurchaseordersona

blockchainoffersapromisingsolutionforbusinesses

lookingtooptimizetheirsupplychainfinancing,while

ensuringtransparencyandsecuritythroughoutthe

process.Thebenefitsofcapitalfinancingagainst

purchaseordersonablockchainincludeimproved

efficiency,reducedfraud,andincreasedaccessto

workingcapitalforbusinesses.Thetransparencyand

immutabilityofdataonablockchainhelpmitigatethe

risksassociatedwithtraditionalfinancingmethods,

suchasinvoicefraudordisputesoverdelivery.

Blockchaincanalsoautomatetheartificialintelligence

andmachinelearningfinancingprocessthrough

differentliquidityprovidersagainstthepurchaseorders

(POs).Inthisusecase,aninfrastructureprovider,like

OasisPro,willvalidatetheauthenticityofPOsusing

Oracles–smartcontractsthatbridgetheblockchain

withexternalsystems.WethenlockthesePOsonchain

ascollateraltoprovidefinancing.Oncethissystem

isupandrunning,newformsofinvestmentbecome

possible.Intraditionalfinancialsystems,thisfinancing

runsthroughlargebanks,butonablockchainanyone

withmoneytoinvestcanbethelenderandanyonewith

validPOscanbeaborrower.Whilewideningthepool

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Buildingtheinfrastructuretoblockchain-basedfinance

Today,financialinstitutionsofalltypesarelooking

forapathtowardsthesebenefits,buttherearemanyquestions.Therearedozensofblockchainsoutthere–howdotheydiffer?Howcanweensurethatthe

solutionswechoosewon’tbesurpassedbynewer,

moreadvancedtechnologies?Whatinfrastructure

doweneed?Whatdoesapathwayforwardlooklike?Here’sabrieflookathowweseethetransition.

Thenextstepwillbeforfinancialinstitutionsto

bridgethegapbetweenWeb2andWeb3.Thismeanscreatingatransitionforfinancialservicescompaniesintothenextevolutionofcapitalmarketspowered

byblockchaintechnology–similartothebridgethathappenedacrosstradingfloorswheninvestment

bankersleveleduptoalgorithmictrading.Blockchaintechnologywillnotupendfinancialservices,itisanadditionalinnovationtoimproveuponcurrent

systems,thusaninfrastructureisneededtoconnectthelegacysystemswiththenewtechnology.

Arrivingatamoreefficientdecentralizedfuture

Thefutureoffinancialserviceswillbalancecentralizedanddecentralizedfinancialsystemsandcomponents,drivingconstantandrapidinnovation,andensuring

regulatorycompliance.Blockchainandother

distributedledgertechnologies(DLT)areattheheartofdecentralizedfutures.Whenthesetechnologies

firstemerged,therewasanaturalperiodofskepticism,withprojectslimitedinscopetoproofsofconcept

orsmallpilots.Butinthepasttwoyearstherehas

beenasignificantuptickinnewblockchainprojects

deployedatscale,especiallywithinfinancialservices.Web3willbeakeyenablerintheconvergenceof

centralizedanddecentralizedfinance,creatingasmartandautonomousnetworkinterfaceforinformation

exchange,whichisopen,trustless,andimmutable.

“Similartoprevioustechnologicalinnovations,blockchainrequiresexpertguidanceforsuccessfulimplementationandutilizationintheformofintermediaries,suchasinfrastructureandsolutionproviders.”

PatLavecchia,Founder&CEOofOasisPro

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“DeployingDLTsolutionsacrosstheenterprisevaluechain

isacomplexundertaking,characterizedbyamultitudeof

technologicalchoices,alackofstandardizedapproaches,andafragmentedecosystem.InteroperabilityisessentialforenablingthewidespreadadoptionofDLTinindustrialapplications.”

SudhirPai,EVP,ChiefTechnologyandInnovationOfficer,FinancialServicesatCapgemini

Decentralizingfinancialservicesthroughblockchaintechnologyopensaworldofpossibilities,butwith

thisnewspacebeingnascent,companiesneedstrongindustryleaderstoguidethemintheevolution.Thefutureofoptimizedgeneralledgersistoleverage

blockchaintechnology.

Asfirstmoversintheadoptionofweb3,OasisProandCapgeminihavebuilttheknowledgeandexpertisetoguidefinancialinstitutionsfromweb2toWeb3,leadingcompaniestotransformandmanagetheir

businessbyharnessingthepoweroftechnology.OasisPro’steamis

madeupofexperiencedWallStreetveteransanddeeplyengrained

blockchaintechnologyspecialistswhichculminatesinacompleteend-to-endinfrastructuresolutiontoassistfinancialinstitutionsinthe

adoptionofdigitalassets.Overthepastyear,astheindustryhas

evolvedfromideastoPOCs,OasisProwasinvolvedinaproject

alongsideOnyxbyJ.P.MorganandApollothatshowcasedhow

tokenizationcanenhanceoperationalfluidityofalternativeand

traditionalassetsandintegratethemseamlesslyintoautomaticallyrebalancedmodelportfoliosacrossblockchains.

Exploreourleadingcredentialsinenterpriseblockchainservices,recognizedby

prominentanalysts

and

advisors

.

MACS_4495_02-2024

AboutCapgemini

Capgeminiisagloballeaderinpartneringwithcompaniestotransformand

managetheirbusinessbyharnessingthepoweroftechnology.TheGroupisguided

everydaybyitspurposeofunleashinghumanenergythroughtechnologyforan

inclusiveandsustainablefuture.Itisaresponsibleanddiverseorganizationof

nearly350,000teammembersinmorethan50countries.Withitsstrong55-year

heritageanddeepindustryexpertise,C