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
Company Details
- Employees
- 4
- Founded
- -
- Address
- Uncc
- Industry
- International Trade And Development
- NAICS
-
International Trade Financing
- Website
- http://xdctrade.network/
Xdc Trade Network Questions
Xdc Trade Network's website is http://xdctrade.network/
Xdc Trade Network's LinkedIn profile is https://www.linkedin.com/company/xdc-trade-network
Xdc Trade Network has
4 employees.
View email and phone details for 4
employees at Xdc Trade Network.
Xdc Trade Network's industry is
International Trade and Development
Xdc Trade Network's top competitors are
Yodaplus,
Tradefinex,
Xdc Network,
Bolero International (Wisetech Global Group),
Ripple,
Xdc Foundation,
Monetago,
Xdc Innovation Lab,
Dtg Usa,
Quant.
Xdc Trade Network's categories are International Trade and Development
Xdc Trade Network's founding year is 2023
