Greg P.
Chief Commercial Officer
Havona
Havona provides a platform for secure and transparent post-trade operations in physical commodity transactions. The system establishes a single source of truth for supply chain data, facilitating secure data flow between trade partners, including counterparties, logistics, and warehouses. It enables the creation of auditable records for every trade and supports the exchange of Electronic Transferable Records to digitize traditional paper-based processes.
Updated 7 months ago
Funding
Raised to date
$237.4KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Desmond Hakim
Product
Problem
Traditional post-trade operations in physical commodity transactions are encumbered by paper-based processes and fragmented data flow between trade partners. This leads to inefficiencies, delays, and a lack of auditable records, hindering supply chain transparency and accuracy.
Solution
Havona offers a digital platform designed to streamline post-trade workflows for physical commodity transactions. The system facilitates the secure exchange of Electronic Transferable Records (ETRs), establishing a single source of truth for all supply chain data. By digitizing critical trade documents, Havona eliminates paper-based bottlenecks and provides an auditable trail for every data point, from agreement to confirmation. This enhances transparency and security across the entire trade network, including counterparties, logistics providers, and inspectors.
Target Audience
Havona targets participants in the physical commodity trading ecosystem, including traders, logistics providers, warehouses, and financial institutions involved in supply chain finance.
Features
- Secure platform for the exchange of Electronic Transferable Records (ETRs)
- Digitization of physical commodity trade documents, including bills of lading and warehouse receipts
- Facilitates secure data flow between trade partners, including counterparties, warehouses, and logistics operators
- Provides an auditable record of data points, including when they were struck, agreed, and confirmed
- Supports the secure holding and transfer of negotiable instruments in digital form
- Enhances supply chain transparency and reduces reliance on paper-based processes