swapblocks repo

The premier digital repurchase platform.

Swapblocks Repo is designed to guide companies on a stable venture into blockchain repurchase agreements

About

Swapblocks Repo is a digital platform for corporations to engage in distributed ledger repurchase agreements (repos). The application uniquely leverages bilateral repurchase agreements coded into the blockchain to build an untapped lending network. Swapblocks Repo avoids higher brokers and banking fees and significantly shortens processing. Over time, Swapblocks Repo establishes a community of users that can quickly respond to opportunities which require capital to move forward. At the conclusion of the loan's term, interest and principal are seamlessly delivered to the respective parties to the transaction. It is designed to:

Generate liquidity: Traditionally, repurchase agreements have been used by the $2.67 T money market sector, hedge funds, and large commercial banks. Swapblocks Repo seeks to fill the gap for underserved, micro-capitalization ($50-300M) corporations that already have collateralized debt (repurchase agreements) on their books.

Reduce credit risk and fees: Centralized repurchase agreements are more costly and less transparent than those performed over a permissioned ledger. Swapblocks Repo delivers the same stability of traditional repos at a lower cost, and with shortened processing times.

Modernize the Repurchase market: The repurchase agreement is a long-established financial instrument; now, it is enhanced by the endless possibilities created by open ledger applications.

Utilization of Smart Contracts: One of the most promising applications of blockchain technology is the smart contract. It improves efficiency in commercial transactions by automatically executing the components of its code. This reduces middleman expenses.