[Google Cloud] Fintech firm Nammu21 partnered with Google Cloud on a proof-of-concept that uses its AI-powered platform to structure legal agreements and instantiate them as smart contracts on the Google Cloud Universal Ledger (GCUL), automating the entire loan lifecycle. According to the Loan Market Association, secondary market settlement times for par/near par loans in Q4 2024 still averaged 42 days, with a median of 27 days. Nammu21 renders each facility's governing terms as a Digital Credit Instrument (DCI), mapping every term back to its originating legal provision and expressing it as executable behaviour against a loan's live state. GCUL is an institutional-grade, permissioned distributed ledger that delivers near-instant transaction finality; its contracts are written in gculpy, a strict, statically typed subset of Python, and the ledger requires explicit user authorization before a contract can store data on their behalf.
Nammu21 automates syndicated loan lifecycle on Google Cloud Universal Ledger
Sourcescloud.google.com