Why Adopt TradeTrust

Easy Adoption

• Quick launch by using free open-source code or the services of TradeTrust-ready partners

• No semantic/data format and standard restrictions such as Digital Container Shipping Association (DCSA) and BIMCO and works with any of your existing transmission protocols like email, FTP etc

• Best practices enable scalability and cross-platform interoperability so you and your trading partners are free to choose your preferred TradeTrust-enabled system (no need for all parties to use a common digital platform and contractual rulebook) in a decentralised approach

Save Time & Money

• Standardising digital trade leads to consistency, resulting in faster, more profitable trades and financing, while minimising legal complexities

• Conduct trustworthy trade and establish new trading relationships with complete transparency and traceability for end-to-end supply chain optimisation

Secure & Confidential

• Ensure electronic documents are cryptographically trustworthy - documents’ proof of source and authenticity can be verified independently

• Ensure data confidentiality as the blockchain does not store any business data

Sustainability & Compliance

• Supports United Nations' Sustainable Development Goals (SDGs) by going paperless

• Adopting TradeTrust means following internationally recognised standards like the UN/CEFACT, W3Cverifiable credential, UNESCAP and UNCITRAL Model Law on Electronic Transferable Records (MLETR). Learn more in the legality guide.

Reliability

• Security assessment completed by third party - Ernst & Young, to ensure the reliability and trustworthiness of the TradeTrust framework

• A proven solution demonstrated through over 30 successful trials and commercial implementations by international businesses

Award-Winning Solution

APTFF Innovation Award

As one of the winners of the 2022 Trade Facilitation Innovation Award at the 10th Asia-Pacific Trade Facilitation Forum, this recognition acknowledges TradeTrust’s innovative approach to trade facilitation and its alignment with the goals of the 2030 United Nations sustainable development agenda.

WSIS Prizes

The WSIS Prizes contest evaluates projects and activities that leverage the power of information and communication technologies (ICTs) to advance sustainable development. TradeTrust is proud to be a finalist for the WSIS Prize 2023.

SDG Digital GameChangers Award

The SDG Digital GameChangers Award recognises individuals and organisations leveraging digital technologies to advance the UN's Sustainable Development Goals (SDGs). TradeTrust is proud to receive the SDG GameChangers runner-up award. 

World Summit Award

The World Summit Awards recognises ICT projects contributing to the WSIS and UN SDG’s goals through creative digital innovation. TradeTrust is proud to be the 2023 winner in the Business and Commerce category, showcasing its innovative service in the international trade ecosystem.

ICC C4DTI Digital Trade Awards

The awards convened practitioners to recognise excellence in delivering a more cost-effective, efficient, and simplified trading system. TradeTrust was a finalist for Best Advisor, Best Use of Interoperable Digital Trade Technology in the Banking Sector, and Best Industry Champion 2024.

Learn more about how TradeTrust works?