We believe distributed ledger technology is the next step  for financial services applications. The two most widely adopted instances currently demonstrated with blockchain technology are peer-to-peer payment (Bitcoin) and issuance and trading of ERC20 tokens (Ethereum), both financial applications. Transparency issues and counterparty risks caused by asymmetric information have been a major hurdle in over-the-counter financial markets. At NUTS we believe with the use of distributed ledger, consensus trust mechanism combined with game theoretic, the overall transparency, efficiency, and accessibility for over-the-counter financial transactions can be greatly enhanced.