In a traditional way, regardless of a bilateral or tri-party transaction, information on collateral is not available in real time to parties involved in a transaction. Blockchain can be used to provide a decentralized system for collateral management. It provides real-time transparency and maintains one copy of state on collateral usage, which removes the possibility of having inconsistent information on collateral due to parties keeping their individual records as well as a traditional collateral management approach.

In the previous section, we discussed examples of use cases for the financial industry. Next, we cover examples beyond the financial industry.