DocuTrade Deck For Carriers

Digitizing Trade Finance with
blockchain-driven, ICC-DSI and

MLETR-Compliant documents-
Docutrade
Revolutionizing Trade with Secure,

Legal Digital Documents
Docutrade Overview
Transforming Trade Finance & Electronic Transferable Records with MLETR(Model law on electronic transferable records)
-compliant digital process- Logistics & Trade Finance Documentation made possible on electronic environment rather than
depending on possession of physical copies of documents
What is it ? Accreditation What it does

An Advanced documentation Follows MLETR guidelines
platform that harnesses Helps logistics and trade finance run ‘paper
issued by free’ , fast and secure. Can reduce the
Blockchain technology to UNCITRAL(United nations
digitize trade finance operational time of documentation time upto
commission on 75%
documents like Bill of lading, International trade law)
certification of origin etc. and ICC DSI
(Create and Manage the (-International chamber of
Trade documents. ) commerce Digital
standard initiatives)
MLETR is currently enacted in -US, UK, Singapore, Abu Dhabi Global Market, Bahrain, Belize, Kiribati, Paraguay,
Papua New Guinea
Very soon to be adopted by Germany, France, Japan
About Docutrade
DocuTrade facilitates the digitization of two key document types in cross-border trade:
1) Normal/Verifiable Documents: Like the Certificate of Origin, these documents verify the authenticity and
provenance of e-documents, accessible for verification by any party.
2) Transferable Documents: Like the Bill of Lading, these e-documents allow title ownership to be
transferred between parties.
Innovation in Trade Finance: A digital solution for trade documentation compliant with UNCITRAL-MLETR.
Legal Credibility/Functional Equivalence: Digital documents with the same credibility as paper ones.
Open Attestation Integration: Verifiable documents and transferable records management.
Enhanced Financing for SMEs: Facilitate finance based on digital collateral; meets working capital needs.
Global Compliance: Adheres to laws of multiple jurisdictions for trust and security.
Our Solution's Key Features
Digital Document Interoperability

Fraud Prevention
Management
Facilitate direct transfers between
Facilitate the creation and Mitigates fraud and theft by
parties, slashing document transfer
management of vital documents preventing forgery and loss of
times to mere minutes.
such as the Bill of Lading, physical documents.
Certificate of Origin, Commercial
Invoice, and more.
DocuTrade Data Import Flow
What DocuTrade does?
Create one Trade. with Attach Transfer document to other parties

- Trade ID & Create Verify docs in seconds. No physical transfer
- Unique identifier needed since it is authorised
through DNS system
Bill of Lading Invoice, Certificate of Origin, Once uploaded on Blockchain - it

/ Bill of Packing List can not be altered
Unique identifier- ? Exchange Letter of Credit ,Insurance
Encrypted token with Hash certificate,Health certificates Audit trail available for checking the
ID Purchase Orders,Ship Delivery transactions.
Order, Custom Declaration
Warehouse receipt, Authorized parties can verify the
0xE3c900416459CAeF0c589Dfc77fd088a76009214 hexa decimal
Consignment Notes, Certificate documents any time. Application is
of Inspection authorized to use by entities through
DNS (domain name system) - which
Hash ID is stored on Public is controlled by the domain owner
Blockchain network. themselves
Doc is stored on secure
server.
Can be integrated with other system
like ERp through API to improve
interoperability
Need of the hour
Using digital documents instead of paper documents will enable corporates, banks and all the stakeholders belonging to the Trade finance
ecosystem to remove unnecessary bureaucracy, reduce cost and delays, speed up the transactions and increase productivity.
Blockchain
WHY BLOCKCHAIN? Dimension EDI technology technology
Decentralization,
● Non tamperable & Unforgeable distributed Informatization Low level of information high degree of
account Centralization sharing information sharing
It is prone to tampering when Transaction
● No Personal identity required for transaction, all
querying and monitoring information cannot
transactions are based on unique ID which uses
information, and network be tampered with
encryption algorithm
failures will cause irreversible and can be traced
● Network is very strong since it is based on the Safety information back
function of Nodes. Real-time data
Information needs to be sharing, high
analyzed by EDI, and the transmission
Efficiency transmission efficiency is low efficiency
Credibility Low credibility High credibility

Benefits of using the platform
Speed and
Cost Savings Top-tier Security Eco-conscious
Efficiency
An electronic bill of lading Electronic invoices can be Minimize data breaches and Digital transition reduces
could save $6.5 billion in direct processed in one-fifth the safeguard sensitive paper waste and physical
costs and enable $40 billion in time of paper invoices information. storage needs.
global trade (McKinsey). (Capgemini).
Assured Enhanced Blockchain Strengthened

Compliance Transparency Verification Trade Bonds
Digitized documents in line Traceable, verifiable digital Real-time, foolproof validation Boost trust, security, and
with UNCITRAL-MLETR's trade processes bolster trust. of digital documents. growth opportunities with
recommendations. partners.
Complicances
Partners
Ready to Experience the
Future of Trade Finance?
Join the ranks of businesses revolutionizing
their trade finance operations with Yodaplus.
Contact us now for more information or to
schedule a demo.
Get in touch
Email id:
[email protected]

DocuTrade Deck For Carriers

Uploaded by

Copyright:

Available Formats

DocuTrade Deck For Carriers

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

DocuTrade Deck For Carriers

Uploaded by

Copyright:

Available Formats

Digitizing Trade Finance with

blockchain-driven, ICC-DSI and

Revolutionizing Trade with Secure,

What is it ? Accreditation What it does

Open Attestation Integration: Veriﬁable documents and transferable records management.

Digital Document Interoperability

Create one Trade. with Attach Transfer document to other parties

Bill of Lading Invoice, Certificate of Origin, Once uploaded on Blockchain - it

Credibility Low credibility High credibility

Assured Enhanced Blockchain Strengthened

You might also like