Evertrade utilizes blockchain technology to create a secure, transparent platform for managing and sharing trade documents among stakeholders in international supply chains. This approach eliminates the complexities and risks associated with traditional paper-based documentation, enabling faster transactions and reducing discrepancies in global trade.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional international trade documentation relies on paper-based processes, leading to inefficiencies, delays, and increased risk of fraud and errors. The fragmented nature of these processes, involving multiple parties with disparate systems, further exacerbates these challenges.
Solution
Evertrade offers a blockchain-based platform designed to streamline and secure international trade documentation. By providing a decentralized ledger, Evertrade enables all stakeholders, including exporters, importers, banks, and customs authorities, to securely access, verify, and update documents in real time. This shared, immutable record fosters transparency, reduces discrepancies, and accelerates transaction times, ultimately fostering growth and expansion in competitive global markets.
Target Audience
Evertrade primarily targets exporters, importers, corporate banks, customs authorities, and shipping companies involved in international trade.
Features
- Secure, transparent, and efficient platform for managing and sharing trade documentation
- Decentralized ledger enabling real-time access and verification of documents for all parties
- Immutable digital records reducing discrepancies and disputes
- Facilitates access to trade finance products, such as letters of credit and supply chain finance
- Supports the digitalization of key maritime transport documents
- Promotes collaboration and global recognition of electronic records across different jurisdictions