Trade Finance

Status: 🗓️ Future (2027)

Modernizing international trade documentation.


What It Does

Replaces traditional letters of credit and documentary collections with blockchain-based instruments for import/export transactions.


The Problem with Traditional Trade Finance

International trade relies on paper-based processes designed centuries ago:

Issue
Impact

Slow Processing

5-10 days for letter of credit

High Costs

1-3% of transaction value

Paper Documentation

Bills of lading, customs forms, certificates

Multiple Intermediaries

Banks, freight forwarders, customs brokers

Limited Visibility

Opaque status throughout process


Traditional vs. TPT Trade Finance

Aspect
Traditional L/C
TPT Trade Finance

Processing Time

5-10 days

Hours

Cost

1-3% of transaction

Fraction of cost

Documentation

Paper-based

Digital, on-chain

Amendments

Slow, expensive

Programmable

Transparency

Opaque

Full visibility

Operating Hours

Business hours

24/7


Target Market

Segment
Description

Import/Export Businesses

Companies trading across borders

Trading Companies

Commodity and goods traders

Cross-Border Suppliers

International B2B transactions

Manufacturers

Global supply chain participants


Vision

The Trade Finance Platform will provide:

Programmable Letters of Credit

Smart contract-based instruments that:

  • Execute automatically when conditions met

  • Allow instant amendments

  • Provide real-time status visibility

Automated Documentary Verification

  • Digital bill of lading verification

  • Customs documentation integration

  • Certificate of origin validation

Multi-Party Coordination

Connect all parties in a single workflow:

  • Buyer

  • Seller

  • Banks

  • Freight forwarders

  • Customs authorities

Logistics Integration

  • Shipping tracking integration

  • Port and terminal connections

  • Last-mile delivery confirmation


Development Approach

1

Research

Regulatory requirements, partner needs

2

Design

Product architecture, integration specs

3

Partnerships

Banks, logistics providers, customs

4

Pilot

Limited rollout with anchor partners

5

Scale

Broader market launch

This product builds on the infrastructure and learnings from Invoice Factoring and Supply Chain Finance.

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Trade Finance Platform is planned for 2027. View Roadmap →arrow-up-right