Answers
What are the benefits of tokenization in supply chain and trade?
The answer
In supply chain and trade, tokenization makes commercial paper singular and financeable: bills of lading, letters of credit, warehouse receipts, and invoices as unique digital instruments that cannot be double-pledged. The benefit is the collapse of trade finance's oldest frauds — and working capital released from documents that used to travel by courier.
Double financing — the same invoice pledged to two lenders — survives on paper's non-uniqueness; a tokenized instrument ends it structurally. Verified receivables become an investable asset class reaching mid-sized exporters banks have abandoned, the thesis portfolio company Voy Finance operates on.
Inventory and in-transit goods follow: tokenized warehouse receipts finance stock in real time, and agent-operated documentation keeps the instruments current as the goods move.