Blockhash: Exploring The Blockchain

For episode 654 of the BlockHash Podcast, host Brandon Zemp is joined by Jason Dehni of BlackOpal.BlackOpal is an on-chain asset management and payments platform bridging investment-grade yield with emerging market receivables. The problem they’re solving is twofold: High-quality merchants in emerging markets pay above-market premiums for working capital, not because they're risky, but because legacy banking is expensive, slow, and opaque. Meanwhile, institutional capital in developed markets is starved for low-risk emerging market yield.BlackOpal specializes in credit card receivables, underwriting based on historical and real time transactions, and acquiring them via short-duration True Sale structures. Credit risk is further minimized through repayment by AA+ counterparties like Visa and Mastercard, resulting in near zero credit default. Currency risk is hedged via Non-Deliverable Forwards (NDFs). ⏳ Timestamps: (0:00) Introduction(0:51) Who is Jason Dehni?(3:03) What is Black Opal?(6:15) Gemstone vs. L