Credit application: Users can create trade finance credit applications that are presented onto the tradeXpad marketplace, where they can connect with potential financiers and logistics providers.
Contract management: Users can organize and secure all their contracts with automated contract enforcement and resolution mechanisms powered by smart contracts, which facilitate, verify or enforce the performance of a contract on the blockchain.
Facility management: Users can have clear insight into their facilities and powerful control of funds and ongoing conditions, such as interest rates, fees, collateral and covenants.
Trade and invoice management: Users can manage end-to-end trades, shipping documentation and invoices on the platform, and track the progress and status of each trade.
Document management: Users can organize and secure all their trade documentation directly on the blockchain, which provides additional security, auditability and privacy. Users can also grant permission-based access to specific information to other parties in the supply chain.
GDPR compliance: All functionality and third-party products adhere to the stringent requirements set out in the GDPR directives, which protect the personal data and privacy of users in the .
Secure cloud application: The tradeXpad platform is hosted in secure cloud containers of AWS ECS, which allows customers to join and use the system without the need to install, manage or scale their own container orchestration software or invest in costly on-site hosting hardware and software.
Security and privacy by design: The platform is designed and built using separation of services to ensure that personal and company security details are separated from the rest of the application data.
Hyperledger blockchain: The platform incorporates Hyperledger Fabric blockchain technology to secure all transactions, flow of goods and artefacts in the trade finance ecosystem onto a private permissioned channel of the blockchain. This ensures end-to-end traceability, immutability and auditability of all data.
Intelligent API's: The platform has been built using a microservice design to ensure that each component can be expanded to include intelligent API's either to interact with external applications or vice versa.