All Over Chain offers a promising alternative
AoC platform integrates all end-to-end requirements for the lifecycle of a non-traditional asset, since origination to maturity. The platform handles paper digitization, document custody and token ownership, as well as trading, clearing and settlement of digital tokens. Thus, each AoC token represents a fraction of the real-life assets that serves as underlying collateral.
AoChain starts with a direct integration to the Originator’s back-end, to certify the assets given as collateral and all legal documentation is in order. Once AoC validates the legitimacy of the asset and documentation, a digital copy of the binding documents and financial terms is created and notarized using Hedera Hashgraph File Service. Subsequently, AoC can mint the tokens that represent such asset. If desired, the tokens could be restricted to manual registry of custody orders or, alternatively, to be traded at the AoC exchange (AoC-DEX). In any case, AoC Core Banking application generates periodic valuations for the assets based on market conditions, to calculate a fair valuation of the position per account.
When any event occurs with the underlying asset, such as fiat payment or other corporate action, AoC generates a Dispersion Order Smart Contract based upon the distribution of addresses assigned to that token for that day, and conversion rate provided by Hedera Mainnet for HBar/USD, and the corresponding pair given by Oanda.com. Thus, each owner can redeem the equivalent in HBar proportional to the percentage of the tokens assigned.
Modular implementation and ERP integration
AoChain comprises three business models integrated in a single platform to deliver value and reduce risk: Digitalization & Custody, Token Exchange, Brokerage and Portfolio Management . Building a platform that uses the best technology available for DLT, Banking Software, and Frontend UI, allows AOChain to become the preferred marketplace for non-traditional assets.
In the future, the model can be used of other industries and asset classes, such as commercial real estate (REITs), Securitization and Correspondent Services. On the other hand, because AOChain can integrate to the backends via APIs, traditional financial institutions may have full visibility of the inventory on-hand or number of days on receivables, without having to wait for quarterly reports.