Bank Trust Network

Demystifying The Future!

ASSURE – Avanza’s Bank Trust Network solution, based on cutting edge Blockchain technology, is a next-gen solution to an age-old problem of document exchange, verification and compliance within banks, its customers and beneficiaries. Whether it’s a pyramid of trust between customer, issuing bank and beneficiary bank or quadrant of trust between customer, beneficiary and their respective banks, ASSURE is invented with foolproof features to seamlessly onboard participants (customer, banks, central authorities, verifiers, beneficiaries). The system can define more than 30+ types of documents such as bank guarantee, NOCs, DD, etc. in the system encapsulating document wise workflows.

The system has been designed to support multiple Blockchain technologies from backend and can integrate any ERP with its technology agnostic Cipher orchestration middleware from the frontend.

ASSURE with its advanced features can efficiently and quickly upgrade a banking consortium with instant document exchange and verification capabilities, paperless strategies on document exchange, significant cost reduction on operational bottlenecks and ability to add value towards AML and KYC processes over the network for a 360° digital transformation of a banking community.

ASSURE is the right fit for any group of banks or financial institutions looking towards near 6 sigma efficiency on document exchange operations and bringing an evolutionary change in its customer experience and satisfaction.

Powered by Zero knowledge proof

Configurable smart contracts for 30+ document types

Inbuilt Artificial Intelligence to address de-duplication

Fast-track onboarding of banks using Cipher orchestration

What's Inside Assure

Ready-made Products

Through our years of innovations across multiple industries, we have developed ready-made products that can help organizations evolve and move towards Blockchain based ecosystems preview screen.

Explore Blockchain products

INSTACHAIN – Avanza’s Blockchain based Reconciliation & Settlement Platform is an inter-organization solution that helps organizations reconcile financial and non-financial transactions and records in real time through a trust-based network. The solution is available in both on-premise as well as cloud models.
FIDELITY – Blockchain marketplace based on tokenization of loyalty points is the future of customer retention. The desire of a customer to earn and redeem is well addressed in our Blockchain marketplace solution, FIDELITY.
NexTrade – Procure to Pay is a Blockchain based solution designed and developed by Avanza to cater generational issues of transparency, trust, and efficiency in the value-chain of procurement. Our P2P technology is a one-stop solution to the needs of procurement lifecycle – be it procure to pay components or order to cash stage.
Consonance is an eKYC blockchain empowered platform which provides end-to-end KYC requirements and ensures digital execution of the process. By bringing the key actors of the KYC process and converting the KYC workflow into smart contracts, it leads to higher efficiency of the overall ecosystem.
Trade Bridge is an industry-wide platform that enables banks to verify duplicate financing frauds and address numerous financial crime risks associated with trade finance transactions.

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