T-RIZE Group has connected the Chainlink Prophet Platform to its Kairos Digital Loan Notes (KDLN) project, which for the first time enabled the insurance coverage data to be used as verifiable information to enter a monetized financial product directly on the Canton Network. According to the article, this approach seeks to address the long-standing problems of inefficient verification of insurance documents, reliance on intermediaries and paper-based processes in the institutional market.
Insurance certification on KDLN access chain
KDLN is a private credit product with a bottom-end asset that is a receivable portfolio financed by English actions. In the past, the insurance coverage involved in such products was usually kept below the chain, and institutional participants often relied on counterparties, the flow of bilateral documents or manual checks to confirm the policy status.
With access to Chainlink, the relevant insurance records are no longer only confirmed orally by a single agency, but can be independently validated by means of a password. T-RIZE states that this is also the first time that Canton Network has introduced independently validated data on insurance coverage in tokenized financial products.
How the data completes the chain
According to the article, the original data for the insurance records were held by Talisman Insurance. The records will be compiled into a digital register, then consolidated into a Merkle tree, and the only fingerprint anchor generated will be placed in Canton Network.
Subsequently, Chainlink ' s network of decentrizers captures the status of insurance registration and publishes it in the chain as a signed data stream. Authorized participants may obtain complete authentication materials, including:
- Sign confirmation report
- Password validation data
- Merkle Certification and Public Validation Method
Through this structure, participants can confirm whether a particular insurance record is in fact in the register without having to disclose the full policy details. According to the article, this design balances the dual requirements of transparency and confidentiality in the institutional market.
T-RIZE has over $2 billion in cooperative reserves
The article also mentions that T-RIZE has signed over $2 billion in cooperation memorandums and access agreements in the areas of private credit, real estate and structured financial products. These include:
- $500 million Canton Network Digital Bond Project
- $300 million Canadian real estate monetization project
This means that the chain-based insurance certification framework used by KDLN may be replicated in the future in more monetized assets than just a single product. For the RWA market, the significance of such practices lies in the inclusion of insurance certificates that were previously dispersed under the chain into a verifiable chain, the shortening of the process and the increased visibility of data when agencies are involved.