What is the cost of using blockchain for eBL transactions in TradeTrust?

TradeTrust can be connected to these public blockchain networks:

• Ethereum

• Polygon

• XDC

• STABILITY (crypto-less)

Depending on your role in the supply chain, transaction costs, such as blockchain gas fees, may apply. Below are the estimated fees (USD) computed as of 2 February 2023 for a typical series of transactions from issuance to the surrender of electronic Bill of Lading (eBL) (costs distributed among different stakeholders):

• Estimated Fees on Ethereum: < USD $20 or

• Estimated Fees on Polygon: < USD $0.16

• Estimated Fees on STABILITY: Free, contact STABILITY for service packages

• Estimated Fees on XDC : contact XDC

Note that the estimated costs above involve the whole chain of endorsements (NFT transactions) for a transferable document like eBL. This cost is expected to be shared across multiple transaction parties in the eBL value chain.

Learn more about cost of contracts/gas fee.