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Yea, the hard part is when it comes to determining the value of the collateral for some obscure project in rural Africa, vouched for by the trader who sold the trade and signed for by somebody 10,000 miles away who might be the traders pal.

Yes, OP seems to think the blockchain somehow solves the (extremely subjective) issue of valuation, as opposed to simply "did this transaction occur between counterparties?

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