TradeWindow

Blockchain Verification Solution for Supply Chains


TradeWindow was developed by VerifyUnion in partnership with partner banks to revolutionize the current management of Trade Finance documents in Supply Chains. The current system is inefficient, time consuming and has many weak points for fraud. We have developed a platform that combines the power of the internet with Blockchain for a secure platform that can be accessed 24/7.

tradewindow product demo
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How it works

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Anti-Fraud

Every contract, document and message is highly encrypted and traced on a log for all permission-based participants to view.

No participant has the power to change any record, they can only re-upload documents with approval from relevant participants.

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Quick Execution

When all relevant parties involved in a trade use the platform, the approval process can be sped up from days to hours, saving on valuable time and costs due to paperless trading, removal of time zone barriers and an instant transaction speed.

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Efficient and Transparent Communication

Our SCM platform has an integrated online chat and translation function, as well as a log to keep track of all actions being performed. Participants can chat with each other in real-time and check the status of documents 24/7 from any location.

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Scalability

We can deal with huge amounts of data and thousands of trades simultaneously. The platform can seamlessly expand and adapt according to the business requirements.

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Tracking

The platform allows every participant to track the status of goods in real-time. Furthermore, a provenance component integrated into the platform means your customers can have confidence in purchasing your products as they know the exact origin.

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Cost Saving

The digitised, automated trade process and documentation platform that is both secure and transparent also greatly reduces costs. No more paperwork means a reduction in shipping and admin expenses.

Participants

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Importer
Import bank
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Import port
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Shipping company
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Exporter
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Export bank
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Export port
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Document organization