T-RIZE Integrates Chainlink to Verify Insurance Data on the Canton Network
Private Credit
T-RIZE Group has integrated Chainlink oracles into its Kairos Digital Loan Notes (KDLN) project to enable verifiable insurance data on the Canton Network. This development marks the first instance of independently verifiable insurance coverage data being embedded directly into a tokenized financial product on this blockchain. By utilizing a Merkle tree structure, the system anchors unique fingerprints of insurance records to the network while allowing authorized participants to verify policy existence without exposing sensitive details. This process replaces traditional, manual, and paper-based verification methods that previously relied on bilateral document exchanges and intermediary trust. The integration addresses critical institutional inefficiencies by automating due diligence and enhancing transparency for litigation finance receivables. With T-RIZE holding over $2 billion in memorandums of understanding across private credit and real estate, this framework offers a scalable model for other tokenized assets. Ultimately, this shift represents a significant advancement in RWA infrastructure by bridging the gap between off-chain insurance proofs and on-chain financial products.
Key points
- ▸T-RIZE integrated Chainlink oracles to verify insurance data on the Canton Network.
- ▸KDLN project tokenizes litigation finance receivables backed by Talisman Insurance records.
- ▸Merkle tree anchoring enables cryptographic verification without disclosing sensitive policy details.
- ▸Framework supports T-RIZE's $2 billion pipeline across private credit and real estate.
Background
The Canton Network is a privacy-enabled, interoperable blockchain infrastructure designed specifically for institutional financial markets. It allows for the synchronization of assets and data across different applications while maintaining strict confidentiality and regulatory compliance. T-RIZE Group utilizes this environment to tokenize complex financial instruments, such as litigation finance, by digitizing underlying assets and streamlining institutional workflows.
Relevance
7/10
#T-RIZE#Chainlink#CantonNetwork#PrivateCredit#RWA