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Blockchain-Enhanced Supply Chain Financing Platform for EU Market Expansion
  1. case
  2. Blockchain-Enhanced Supply Chain Financing Platform for EU Market Expansion

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Blockchain-Enhanced Supply Chain Financing Platform for EU Market Expansion

leobit.com
Financial services
Information technology

Challenges in Automating and Securing Supply Chain Financing

Manual document processing creating scalability issues, lack of automated invoice approval workflows, insufficient data security measures for sensitive financial transactions, and inability to handle concurrent document generation efficiently. Existing system required rebuilding to support EU market growth while maintaining compliance with financial regulations.

About the Client

Tech-driven supply chain finance platform simplifying invoice financing for large and mid-sized companies with strong credit ratings

Strategic Objectives for Platform Modernization

  • Automate invoice financing workflows from approval to payment settlement
  • Implement blockchain-based security for transaction integrity
  • Integrate real-time payment status synchronization with banking systems
  • Enable GDPR-compliant document management automation
  • Scale platform to support 100+ additional legal entities

Core System Capabilities

  • Automated invoice approval/rejection workflow via accounting system integration
  • Blockchain-verified transaction ledger using KSI Blockchain
  • Real-time payment status tracking through OpenBank API
  • AI-powered identity verification with Veriff integration
  • Legal electronic signature capability via SmartID
  • High-fidelity PDF invoice generation with batch processing
  • Elasticsearch-powered global search for documents/transactions

Technology Stack Requirements

Ruby on Rails
Docker
AWS Cloud Infrastructure
Elasticsearch with Kibana
Guardtime KSI Blockchain

Critical System Integrations

  • OpenBank API for payment synchronization
  • Veriff identity verification
  • SmartID electronic signature
  • Amazon SES for document delivery

Operational Requirements

  • EU financial data compliance (GDPR/PSD2)
  • 99.99% system uptime SLA
  • Support for 10,000+ concurrent document processing
  • Blockchain-verified audit trail for all transactions
  • Real-time fraud detection monitoring dashboard

Expected Business Transformation

Platform automation will reduce manual processing costs by 60% while blockchain security enhances trust with financial institutions. Real-time payment tracking and document automation will enable 3x faster transaction processing, supporting rapid EU market expansion. Compliance-focused architecture positions the platform to become a top 3 supply chain finance provider in Europe within 24 months.

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