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Introducing 

OVERALL

About NFGx

NFGx is a platform for negotiating, creating and managing guarantees in digital form. It solves the problems with paper guarantees - fraud, custody, speed, amendments, version management and standards. NFGx is designed for applicants, beneficiaries and issuers.

FEATURES

NFGx Features

Digital tracking of all actions, versions and approvals from all stakeholders, with cryptographic confidentiality.

Audit

trail

Modular, dropdown options for commercial terms allow easy agreement creation. Contracts are minted as ERC standard NFTs with globally accepted token standards.

Standard

terms

A single platform for all parties to aggregate and manage guarantee exposures, from initiation to demand. One view of all exposures.

Lifecycle risk management

Desktop or mobile web app with push notifications of required actions, for all participants. Comprehensive dashboard monitor with GPT connectivity.

Desktop and mobile

Easily amend, cancel or assign guarantees online, or demand with just a few clicks. Upload the back book of paper guarantees.

Multi

function

BENEFITS AND UNIQUE VALUE PROPOSITION

NFGx Benefits

Running at the speed of business, NFGx offers more than just digitisation. It combines security, efficiency and innovation to transform a simple yet frustrating part of commercial relationships - securing guarantees in a timely and transparent manner.

Agreement and issuance of guarantees is achieved using digital workflows on NFGx. The issuance process can be cut from up to a month down to a few minutes.

Speed 

A single, digital source of truth that cannot be lost, damaged or destroyed.

Safekeeping

By digitising and standardising a tripartite, paper agreement, fraud risks are eliminated. Experts estimate up to 10% of paper guarantees are counterfeit.

Enhanced Security

NFGx digital guarantees can be amended, transferred and approved on the fly, using digital signatures. Version control is transparent and auditable.

Amendments 

There has been no standardised legal deed or guarantee format for paper documents. A digital template reduces errors and friction.

Standards

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