Why Adopt TradeTrust

Easy Adoption

• Quick launch by using free open-source code or the services of TradeTrust-ready partners

• No restrictions on semantics/data formats and standard such as Digital Container Shipping Association (DCSA) and BIMCO and works with any of your existing transmission protocols like email, FTP etc

• Best practices enable scalability and cross-platform interoperability, allowing you and your trading partners to choose your preferred TradeTrust-enabled system - without requiring all parties to use a common digital platform or contractual rulebook - through a decentralised approach.

Save Time & Money

• Standardising digital trade leads to consistency, resulting in faster, more profitable trades and financing, while minimising legal complexities

• Conduct trustworthy trade and establish new trading relationships with complete transparency and traceability for end-to-end supply chain optimisation

Secure & Confidential

• Ensure electronic documents are cryptographically trustworthy - documents’ proof of source and authenticity can be verified independently

• Ensure data confidentiality as the blockchain does not store any business data

Sustainability & Compliance

• Supports United Nations' Sustainable Development Goals (SDGs) by going paperless

• Adopting TradeTrust means following internationally recognised standards like the UN/CEFACT, W3CVerifiable Credential, UNESCAP and UNCITRAL Model Law on Electronic Transferable Records (MLETR). Learn more in the Legality Guide.

Click the respective links below to find out more:
UN/CEFACT
W3C
UNESCAP
MLETR
Legality Guide

Reliability

• Security assessment completed by a third party - Ernst & Young, to ensure the reliability and trustworthiness of the TradeTrust framework

• A demonstrated proven solution. Click here to find out about the 30 successful trials and click here to learn about commercial implementations by international businesses

Award Winning Solutions

The TradeTrust solution have won the following awards.

APTFF Innovation Award

As one of the winners of the 2022 Trade Facilitation Innovation Award at the 10th Asia-Pacific Trade Facilitation Forum, this recognition acknowledges TradeTrust’s innovative approach to trade facilitation and its alignmentwith the goals of the 2030 United Nations sustainable development agenda.

WSIS Prizes

The WSIS Prizes contest evaluates projects and activities that leverage the power of information and communication technologies (ICTs) to advance sustainable development. TradeTrust is proud to be a finalist for the WSIS Prize 2023.

SDG Digital GameChangers Award

The SDG Digital GameChangers Award recognises individuals and organisations leveraging digital technologies to advance the UN's Sustainable Development Goals (SDGs). TradeTrust is proud to receive the SDG GameChangers runner-up award. 

World Summit Award

The World Summit Awards recognises ICT projects contributing to the WSIS and UN SDG’s goals through creative digital innovation. TradeTrust is proud to be the 2023 winner in the Business and Commerce category, showcasing its innovative service in the international trade ecosystem.

ICC C4DTI Digital Trade Awards

The awards convened practitioners to recognise excellence in delivering a more cost-effective, efficient, and simplified trading system. TradeTrust was a finalist for Best Advisor, Best Use of Interoperable Digital Trade Technology in the Banking Sector, and Best Industry Champion 2024.

PEP-SBF Awards 2025

TradeTrust won the Pro-Enterprise Impact & Partnership Award at the PEP-SBF Awards 2025 for the Interoperable Digital Documents Against Payment (D/P) project. The Ministry of Trade and Industry presents this award to organisations demonstrating outstanding collaboration in improving Singapore's pro-enterprise regulatory environment.

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