TradeDigitization.Com

Providing a Trade Digitization Infrastructure at Scale

From the Premier Web Address For Trade Digitization

Featuring over 300 Digital Trade Gateways

 

 

INDEX

Glossary
Our Mission and Programme Features 
Quotes From Partners
The Role of Warehouse Receipts
About The Web-3 Protocol
GTIN Token 

Glossary

Marketplaces.Trade is operated by TradeDigitization.com, as a co-operation with TradeKey.

TradeDigitization.com is an IBM Partner Programme, and comprises of TRADE GATEWAYS and e-Debit.

TRADE GATEWAYS is a network of over 300 Digital Trade Gateways that utilize Marketplaces.Trade to source and sell products for Trade Microsites featured across the Trade Gateways.

e-Debit is a platform used to facilitate Trade and Invoices Finance through major providers

TradeKey is the worlds largest B2B Marketplace.

The Mission and Features of Trade Digitization.com 

Our Mission is to Provide a Trade Digitization Infrastructure at Scale.

TRADE GATEWAYS is a part of TradeDigitization.com which is an IBM Partner Programme. 

TradeDigitization.com owns Marketplaces.Trade which is powered by TradeKey, the world's largest B2B Marketplace, as a co-operation with TradeDigitization.com  

The TRADE GATEWAYS Network provides Vertical and Regional Trade Gateways that facilitate transactions that emanate from Marketplaces.Trade, by providing a Trade Digitization infrastructure Via Designated Warehouses and Logistics Centres.

Digitization Of Warehouse Receipts

An essential part of such infrastructure provision, is the Digitization of Warehouse Receipts.
Digitization of warehouse receipts has revolutionized the landscape of warehouse receipts, making them more secure, efficient, and accessible.

Digitized warehouse receipts eliminate the need for physical paperwork, reducing the risk of loss, damage, or forgery.

Authentication of Digitally Signed Warehouse Receipts and other Trade Documentation

Verification from authenticated IP addresses, has emerged as a robust solution for enhancing the security and transparency of digital warehouse receipts.

When these are done from Trade Gateways in the TRADE GATEWAYS Network, this helps ensure that, each transaction involving a warehouse receipt, is recorded in a tamper-proof ledger, ensuring that the ownership and condition of goods are indisputable.

It is essential that the issuer of warehouse and other trade documentation, be verified as the entity that is storing the relevant goods and has custody of them.

This is why it is important that the Designated Warehouse and Logistics Operator, has independent control of the related domain.

This enables parties engaged in trade, to verify goods in the geographical location they require, thereby facilitating transactions. Utilization of the relevant prime .Trade domain facilitates the branding from a focal point.

The Domain Name System (DNS) is used as the method of issuer identity verification. The DNS system can be summarized as the "Phonebook for the Internet".

Its primary purpose is to resolve human readable names such as the domain name for the Trade Gateway, to a set of records.

The most common records are 'A records', which resolve to IP addresses - this allows network routing to operate over the Internet.

Across the TRADE GATEWAYS Network, the TXT type of record is utilized, which allows the storage of textual data. This allows the DNS system to be used as an identity registry, that is tied to the domain name owner, meaning that any documents that emanate from the related IP Address are authenticated and can be easily verified.

 

 

 

 

Quotes From Partners in  the Parent TradeDigitization.com Programme

"Exciting Opportunity"

From TradeKey - The World's Largest B2B Marketplace

"We are looking forward to building a thriving partnership!"

From IBM - Global Leader in Blockchain , the cornerstone of Trade Digitization

 

The Role of Warehouse receipts 

Warehouse receipts play a transformative role in trade and trade finance by providing a reliable mechanism for businesses to unlock the value of their stored goods.

These documents act as a bridge between physical goods and financial liquidity. Where the warehouse receipts are not tied to a transaction, they can also help companies to access working capital, without the need to sell their inventory immediately. 

Facilitating Trade Financing

The ability to use warehouse receipts as collateral for loans is a game-changer for many businesses, especially small and medium-sized enterprises (SMEs). SMEs often face challenges in securing traditional financing due to a lack of substantial fixed assets or credit history.

By leveraging warehouse receipts, these businesses can demonstrate tangible assets to financial institutions, thereby improving their credit worthiness.

This not only facilitates easier access to loans but also allows for more favourable lending terms, such as lower interest rates and extended repayment periods.

Facilitating Trade 

As many transactions are agreed as Ex Warehouse transactions, with the designated warehouse at the relevant Trade Gateway being where the consignment is delivered to, the designated warehouse can be an integral part of transactions. Onward fulfilment services can be provided as required.

Warehouse receipts enhance the efficiency of supply chain operations.

By providing a clear record of stored goods, these documents help streamline inventory management and reduce the risk of discrepancies.

This transparency is beneficial for all parties involved, including suppliers, buyers, and financial institutions. For instance, a supplier can use a warehouse receipt to assure a buyer of the availability and quality of goods, thereby expediting the transaction process.

Similarly, financial institutions can use these receipts to verify the existence and condition of collateral, reducing the risk of fraud and defaults.

Facilitating International Trade

In the context of international trade, warehouse receipts offer an added layer of security and trust.

Cross-border transactions often involve multiple parties and jurisdictions, making it challenging to ensure the integrity of the goods being traded. 

Warehouse receipts, issued by a verified and designated warehouse in the TRADE GATEWAYS Network, provide a standardized and universally verifiable proof of ownership.

This mitigates the risks associated with international trade, such as non-delivery or sub-standard goods, and fosters greater confidence amongst trading partners.

 

 

 

 

 

 

 

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The Web-3 Protocol

The Web-3 Protocol has been initiated by  TradeDigitization.com.

It has been designed to help with a transition to Web 3 from the familiar Web 2.

Web 1 was read-only, Web 2 is read-write-transact-share, Web 3 is read-write-transact-share-own
 
While being an exciting opportunity, the transition to Web 3 presents many challenges. For that reason, TradeDigitization.com has launched the Web-3 Programme as a halfway house that assists the transition to, and the adoption of, Web 3.
 
Web-3 is the Internet of value. Web-3 uses blockchains and digital currencies, just Like Web 3 . Relevant components of Web-3  created in this regard by TradeDigitization.com include TRADE GATEWAYS, e-Debit, and GTIN Token
 

GTIN Token - Part of the TradeDigitization .com Programme

The GTIN Token Programme is the world's first-ever implementation of GTIN semantics in a Trade Digitization framework.

This development enables all brands already working with GTIN identifiers to seamlessly and rapidly apply a Trade Digitization Programme.

The GTIN Token Programme is operated by TRADE GATEWAYS.
GTIN is the number that can be seen on the familiar barcode.
GTIN is the acronym for “Global Trade Item Number”.

A GTIN is a number that is used to identify “something” that can be purchased, sold, or put into inventory. This includes individual items that can be purchased by a consumer as well as cases of items that could be purchased and moved within a supply chain.

A GTIN is an umbrella term used to refer to items that may need to be identified with a GTIN barcode.

The GTIN Token Programme builds on the GTIN System on which the Bar Code is built, to give product their own Unique Digital Identity for the Trade Digitization Process.

This is facilitated by the Trade Digitization infrastructure provided by TradeDigitization.com, (owners of the GTIN Token Trademark) which utilizes a GTIN Token as a unique identifier for products.

 

E: contact@tradedigitization.com