About

XDC Trade Network is a complete suite of dApps on XDC Network that aims to redefine the global trade finance Industry by digitalising the entire process. Working closely with its solution eco-system partners it promises to deliver the following –
-     Interoperability of MLETR solutions
-     Funding for trade documents developed on a MLETR compliant solution
It is built by linking proven utilities such as MLETR framework, Legacy and new Payment solutions, Tokenisation, Custodian Services & other echo-system partners across the blockchain universe. Eco system components:
-     Trade asset tokenisation platform

o     Tokenisation greatly speeds up transactions and increases efficiency by ensuring all parts of a transaction co-occur, in atomic settlement.
o     Provides control of real-world assets and the blockchain footprint by a full legally compliant process (Lock & Mint /Burn and release). This ensures that there is no “double spent” on any asset.

o     KYC service providers interface for ensuring KYC/AML/CTF screening of all participants (Lenders and borrowers)
o     KYT service providers interface by validating the data so that TBLM/Sanctions etc can be checked

-     TradeFineX Portal

o     Platform that provides SMEs to post their financing needs & submit bonafide supporting trade documents in a secured way
o     Lenders verify the borrower's credentials & documentation. Request for on-chain collateral if required to assess the creditworthiness of the borrower

-     TradeTrust Integration

o     Seamless integration with TradeTrust (IMDA backed & MLETR compliant) public utility built on Open attestation framework.
o     Ability to verify documents and transfer title of the assets represented by negotiable documents
o     Atomic swap of funds & title ownership using smart contracts, thereby building trust without centralised control.  

-     Integration with regulated Custodian

o     Fund transfers happen thru custodians only


Website: http://xdctrade.network/
Industry: International Trade and Development
Company size: 2-10 employees
Founded: 2023
Specialties: Trade, finance, MLETR, blockchain, international trade, Trade Finance, and xdc network