Digital-Trade.Network
Bringing together Global Giants
To help connect Digital Islands
And faciliate an Asset Tokenization Platform
TRADE DIGITIZATION AND TOKENIZATION PLATFORM PROVISION
ABOUT TRADE GATEWAYS
TRADE GATEWAYS is operated by Local Merchant Services as an IBM Partner Programme. It provides an Infrastructure For Trade Digitization with over 300 Digital Trade Gateways. TRADE GATEWAYS co-operates with B2B Marketplaces with millions of subscribers...
What is Tokenization?
Tokenization refers to the process of creating a token on a blockchain that represents an asset. Tokenization of products on TRADE GATEWAYS is a representation of products being traded across the TRADE GATEWAYS Network.
Tokenization gives asset holders access to benefits that include instantaneous settlement and programmability, i.e., the ability to embed code in the token, and the ability of the token to engage with smart contracts—enabling higher degrees of automation.
What is An Asset Tokenization Platform?
Asset tokenization platforms enable the creation of a digital proof of ownership for real-world liquid assets such as trade products.
These asset-backed tokens have real-world capital and liquid value. Digital assets offer a flexible system for managing digital assets and facilitating transactions. Once assets are tokenized, they can be used for transactions across the world
Asset Tokenization Programme
Global Trade dentifiers are used to look up product information in a database (often by entering the number through a barcode scanner pointed at an actual product).
The uniqueness and universality of the identifier is useful in establishing which product in one database corresponds to which product in another database, especially across organizational boundaries.
Adoption of tokenization is held back by limitations of the available infrastructure.
The TRADE GATEWAYS GTIT Asset Tokenization Platform provides a simple one stop shop for tokenizing products and Digitizing trade, i.e. providing the custody, distribution, trading, management and servicing of those tokens, as well as digital payment mechanisms using smart contracts, and transferring ownership of products once payment is made
The Token Asset Tokenization Platform is a platform for Tokenizing products or accessing and featuring Tokenized products from a TRADE GATEWAYS seller account.
Digital Trade is an incoming wave. Businesses need to embrace it or be swept away by it. TRADE GATEWAYS provides the infrastructure to Digitize Trade and an assistant to help with it
Trade is changing
Trade is pretty much done the same way today as it has been for the last 200 years. Possession of paper documents of title have represented ownership. Things are changing...
Cooperation with GS1 on the GTINTOKEN Standard
What is GS1?
GS1 is an international organization developing and maintaining standards for barcodes and the corresponding prefixes. The best known of these standards is the barcode, a symbol printed on products that can be scanned electronically.
GS1 has 116 local member organizations and over 2 million user companies.
Details of the Proposed Co-operation
TRADE GATEWAYS own the GTINToken Trademark. A co-operation is proposed between GS1 on incorporating the GTINTOKEN Standard as part of the GTIT Platform to use the familiar Barcode Structure developed across the Globe by GS1 over the last 50 years to help bring in a new way of doing trade using Trade Digitization.
The initial campaign with GS1 is on using ETHICALLY SOURCED Mark as an Ethically Sourced Identifier on the GTIT Asset Tokenization Platform, as part of the GTINTOKEN programme.
A recent survey found 66% of consumers are more likely to buy products that are ethically sourced. The global market value of ethically labeled, packaged food products is around 1 trillion U.S. dollars. The ability to immediately identify products as being ethically sourced is very important in today’s world.
TRADE GATEWAYS Co-operation with TradeKey
TradeKey is a B2B Marketplace partner in the TRADEGATEWAYS Programme. TradeKey is a global B2B platform established in 2006 and has a distinguished presence globally. TradeKey is one of the largest international E-Marketplaces for exporting and importing. It has about 10 million registered users.
Millions of people visit TradeKey every month. Companies using TradeKey, can now use the TRADE GATEWAYS Programme to digitize and facilitate accruing Trade
End To End Logistics Provision by DSV
Our Logistics Partners can help to take much of the pain out of International Trade by providing End To End Logistics.
TRADE GATEWAYS Logistics Partners provide and manage supply chain solutions for thousands of companies every day – from the small family run business through to large global corporations.
Their focus is on transparency, productivity and scalability. Their reach is global, yet their presence is local and close to customers.
They have 75,000 employees in more than 80 countries who deliver great customer experiences and high-quality services. They help keep supply chains flowing.
Providing a framework to connect digital islands
TRADE GATEWAYS has established Digital-Trade.Network, who are global players that can help to use their infrastructure to bring familiar structures on conventional trade into the currently unfamiliar world of Trade Digitization.
TRADE GATEWAYS is an IBM Partner programme that is bringing on board a co-operation with a Global Logistics Giant in DSV. The co-operation covers Global Marketplaces such as TradeKey, and the intention is to make Trade Digitization features available to members of chambers of commerce in the places where there are Digital Trade Gateways that are part of the TRADE GATEWAYS Network.
The TRADE GATEWAYS Digital Trade gateways Network is helping to ensure that International Chamber of Commerce Standards are met across the global TRADE GATEAYS Network, and thereby avoid fragmentation and help with the adoption of MLETR
Recent innovations to digitise the global trading system run the risk of fragmenting the market and the platforms used by several industries of the international supply chain and public sector agencies. There is a clear need for a framework to connect digital islands. TRADE GATEWAYS is helping to facilitate such a global framework
TRADE GATEWAYS Portals and B2B Marketplaces
In Co-operation with major B2B Marketplace partners, with many millions of users, The TRADE GATEWAYS network helps businesses market their products internationally, find genuine buyers, satisfy their business requirements and explore regional and international Business opportunities.
Our global network of over 300 Digital Trade Gateways gives users a unique advantage. Users can feature Trade Microsite in over 300 Digital Trade Gateways that are part of our Network.
The Tokenization Platform provides a simple one stop shop for tokenizing products and Digitizing trade, i.e. providing the custody, distribution, trading, management and servicing of those tokens, as well as digital payment mechanisms using smart contracts, and transferring ownership of products once payment is made.
Once a sale is agreed at an applicable B2B Marketplace, the Tokenization Programme is used to tokenize and facilitate the transaction. Logistics partners at Relevant Local Digital Trade Gateways are used to provide End To End Logistics and execute the Transaction.
Significance of the TRADE GATEWAYS Network
Rather like the analogy of the ports or airports network. Each one has the infrastructure to get you from point A to point B. The wider the network, the more places you can get to.
The TRADE GATEWAYS Network is also significant because of the interoperability of the system with other Platforms.