Physical Trade Execution: faster, less expensive
Moving papers and payment from A to B much faster, modernizing trade finance
Documents play a major role in international commodity trade. The process for “trading documents” in physical trade execution has been for ages paper and labor intensive, with multiple friction points, high processing costs, limited automation, and outdated tools. By having the buyer, seller, and third parties (brokerage firms, shipping and inspection companies, respective banks, etc.) on the same distributed ledger, all parties can simultaneously view, update and share data on the status of a physical delivery, documents issuance, and payments.