Digital Instruments

TDFT Digital Instruments

Nine blockchain-native financial instruments transforming traditional trade finance. Automated, transparent, and built for the digital economy.

TDFT

Digital Instruments

Nine blockchain-native financial instruments transforming traditional trade finance. Automated, transparent, and built for the digital economy.

The TDFT Framework

Tolena Digital Financial Technology (TDFT) modernizes trade finance by converting traditional paper-based instruments into smart contract-powered digital tools.

DCC – Digital Credit Contract

Replaces: Letter of Credit (LC)

A blockchain-based payment guarantee that ensures sellers receive payment and buyers receive goods according to agreed terms. Automates the verification process that traditionally requires banks to manually review shipping documents.

Key Benefits
✓	Instant verification through smart contracts
✓	75–90% reduction in costs (eliminate 0.5–2% bank fees)
✓	Settlement in seconds vs. 5–10 business days
✓	Real-time tracking for all parties
✓	Immutable records prevent document fraud

Primary Use Cases
✓	International trade transactions
✓	High-value commercial purchases
✓	Cross-border B2B payments
✓	Import/export financing

DGI – Digital Guarantee Instrument

Replaces: Bank Guarantee (BG)

A programmable performance guarantee that automatically triggers payment if contractual obligations aren’t met. Replaces manual claims process and subjective dispute resolution of traditional bank guarantees. Performance metrics are fed to contract via IoT sensors or milestone verification. If breach occurs, guarantee pays out instantly without dispute. Obligor stakes collateral upfront.

Key Benefits
✓	Automated execution without manual claims filing
✓	50–80% reduction in guarantee fees
✓	Objective verification eliminates disputes
✓	Instant claims (minutes vs. weeks)
✓	Reduced collateral through risk-based pricing

Primary Use Cases
✓	Construction project performance bonds
✓	Supplier delivery guarantees
✓	Lease security deposits
✓	Tender bid bonds
✓	Warranty guarantees

DSEB – Digital Smart Exchange Bill

Replaces: Bill of Exchange (BoE)

A programmable payment order enabling sophisticated commercial credit terms with automated acceptance tracking and payment scheduling. Digital version of the three-party negotiable instrument.

Key Benefits
✓	Programmable complex payment schedules
✓	Instant digital negotiability
✓	Automated acceptance via cryptographic verification
✓	Transparent endorsement chain
✓	Lower discounting costs due to transparency

Primary Use Cases
✓	Deferred payment terms in B2B sales
✓	Trade finance discounting
✓	Supply chain financing acceptance via cryptographic verification
✓	Cross-border commercial credit

DPN – Digital Promissory Note

Replaces: Promissory Note (PN)

A blockchain-secured debt instrument representing an unconditional promise to pay. Creates tamper-proof, instantly verifiable IOUs that can be traded on secondary markets with complete payment history.

Key Benefits
✓	Immutable record cannot be altered or forged
✓	Instant verification for lenders
✓	Automated scheduled payments
✓	Complete credit history travels with borrower
✓	Easily traded with transparent pricing

Primary Use Cases
✓	Personal and business loans
✓	SME financing
✓	Invoice financing
✓	Peer-to-peer lending
✓	Student loans

DFA – Digital Factoring Agreement

Replaces: Factoring Agreement (FA)

Automated invoice financing allowing businesses to sell accounts receivable instantly at transparent rates. Eliminates lengthy approval process and opaque pricing of traditional factoring.

Key Benefits
✓	Instant liquidity (hours vs. weeks)
✓	Dynamic transparent pricing
✓	30–60% reduction in factoring fees
✓	No recourse options available
✓	Finance individual invoices, not entire ledger

Primary Use Cases
✓	Small business cash flow management
✓	Seasonal inventory purchasing
✓	Growth capital for expanding companies
✓	Industries with long payment terms

DFO – Digital Forfaiting Obligation

Replaces: Forfaiting (FF)

Blockchain-based export financing where exporters sell medium/long- term receivables without recourse. Automates complex process of converting foreign receivables to immediate cash while transferring all risk.

Key Benefits
✓	Zero recourse risk for exporter
✓	Instant transparent pricing
✓	Lower costs (no physical documentation)
✓	Broader access (smaller transactions viable)
✓	Integrated political risk insurance

Primary Use Cases
✓	Capital equipment exports
✓	Large-scale project exports
✓	Emerging market transactions
✓	Multi-year payment terms
✓	Government procurement

DTF – Digital Trade Finance

Replaces: Trade Finance Agreement

Comprehensive end-to-end automation of international trade transactions, integrating documentation, financing, insurance, and logistics. Coordinates all parties in single blockchain ecosystem.

Key Benefits
✓	Single source of truth for all parties
✓	Automated document generation
✓	Integrated financing and insurance
✓	Automatic customs compliance
✓	End-to-end shipment tracking

Primary Use Cases
✓	Complex multi-party international trades
✓	Commodity financing
✓	Global supply chain management
✓	Export/import documentation
✓	Customs clearance automation

DBA – Digital Bond Agreement

Replaces: Bonds / Fixed Income Securities

Key Benefits
✓	Automated coupon payments on schedule
✓	Fractional ownership (lower minimums)
✓	Instant settlement (vs. T+2/T+3)
✓	Transparent real-time pricing
✓	60–80% reduction in issuance costs

Primary Use Cases
✓	Corporate bond issuance (especially SMEs)
✓	Municipal bonds
✓	Green/sustainability bonds
✓	Infrastructure project financing
✓	Peer-to-peer fixed income investing

DLA – Digital Loan Agreement

Replaces: Bonds / Fixed Income Securities

Key Benefits
✓	Instant approval (seconds vs. days)
✓	Dynamic rates adjust with behavior
✓	Flexible customizable terms
✓	Automated payment collection
✓	Portable on-chain credit history

Primary Use Cases
✓	Personal loans
✓	Business term loans
✓	Working capital lines of credit
✓	Equipment financing
✓	Real estate mortgages

Ready to Transform

Trade Finance?

Become part of a global community building the future of zero-fee, democratized digital finance. Start trading, participate in governance, and shape the ecosystem.