TradeDigitilization .com 

Digitalization increases the scale, scope, and speed of trade. It allows firms to bring new products and services to a larger number of digitally-connected customers across the globe.

It also enables firms, notably smaller ones, to use new and innovative digital tools to overcome barriers to growth, helping facilitate payments, enabling collaboration, avoiding investment in fixed assets through the use of cloud-based services, and facilitates Supply-Chain Finance and Invoices Finance. 

Manufacturing will be greatly enhanced by the digitalization of products.

TradeDigitilization.com  is part of the TradeDigitization.com  Programme

 TradeDigitization .com Programme and The GTIN Token 

The TradeDigitization.com  Programme is operated by TRADE GATEWAYS which is an IBM Partner Programme. TRADE GATEWAYS provides an Infrastructure For Trade Digitization with over 300 Digital Trade Gateways.

TRADE GATEWAYS co-operates with B2B Marketplaces with millions of subscribers...

The GTIN Token Programme is operated by TRADE GATEWAYS.
GTIN is the number that can be seen on the familiar barcode.
GTIN is the acronym for “Global Trade Item Number”.

A GTIN is a number that is used to identify “something” that can be purchased, sold, or put into inventory. This includes individual items that can be purchased by a consumer as well as cases of items that could be purchased and moved within a supply chain.

A GTIN is an umbrella term used to refer to items that may need to be identified with a GTIN barcode.

The GTIN Token Programme builds on the GTIN System on which the Bar Code is built, to give product their own Unique Digital Identity for the Trade Digitization Process.

The GTIN TOKEN Trademark and other relevant Trademarks used in the Programme are owned by TRADE GATEWAYS, who are the operators of the GTIN TOKEN Programme.

Digital Identifiers

Digital identifiers are unique pieces of information used to authenticate users, or objects in the digital world. In the GTIN Token System, Uniform Resource Locators (URLs), linked to specific addresses on the Internet (IP addresses), are used as digital identifiers.

When you enter a URL in your browser, it will first determine the domain name of that URL. It then looks up the IP address and connects to the server with this IP address. IP addresses are configured in the Global Domain Name System (DNS), which acts as a phone directory for the Internet.

Partners

The TradeDigitization.com Prgramme co-operates with a number of major partners including:

TradeKey

TradeKey are the largest B2B Marketplace in the world, and are 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 over 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

Logistics and Hosting Partners

 Logistics Partners in the TradeDigitization.com Programme can help to take much of the pain out of International Trade by providing End To End Logistics.

 Major Hosting Partners Provide world class Hosting and Support.

Trade is changing

Trade is pretty much done the same way today as it has been for the last 200 years. Trade Digitization can  help address historical problems and increase efficiency. Things are changing.

If you were a cargo owner in the year 1450, you would have handed over your goods to the ship that will carry them across the world, and are presented with a bill of lading—a piece of paper stating what you’re shipping, where it comes from, and where it’s heading.

Fast forward to this year.  The world has changed dramatically, but the bill of lading remains relatively unchanged. Today, the bill of lading process is still reliant on the physical transfer of paper records and applies to roughly 40 percent of all containerized trade transactions.1

Current trade documentation spans many documents and processes, and is a manual, time-consuming, and resource-intensive process for all stakeholders.

Documentation for a single shipment can require up to 50 sheets of paper that are exchanged with up to 30 different stakeholders.2 The bill of lading, issued by carriers to acknowledge receipt of cargo from the shipper, is one of the most important trade documents required for shipping.

McKinsey analysis indicates that the bill of lading accounts for between 10 and 30 percent of total trade documentation costs. Shipping has not matured far beyond where it was in the 1400s.

Digitalizing trade documentation is an important step that can avoid unnecessary cost, save time, and enable trade. It can also improve supply-chain resilience and help to mitigate inevitable future disruptions.

Facilitating Trade Financing with Electronic Bills of Lading

When a container ship loads goods, the ship provides a bill of lading which determines who has legal title to the cargo. This document is used to raise trade finance from banks and other credit firms.

Making bills of lading electronic prevents fraud when sending a paper based version via courier. And because it can be transmitted electronically, it’s much faster and cheaper.

Electronic bills of lading (eBLs) are critical documents in trade finance because the organization that has the bill of lading effectively owns the cargo.

By using the TradeDigitization.com Programme, traders can now get greater access to trade financing through more reliable trade documentation that meet the requirements of financial institutions.

A key issue for electronic bills of lading (eBL) is that several proprietary solutions each have their own formats. Using the GTIN Token Platform which builds on the familiar and universal barcode, helps ensure interoperability.

e-Debit

e-Debit is the section of TradeDigitization.com, that provides a framework for major partners to provide Blockchain powered payment services to Buyers of those digitized products.

This can help facilitate Supply Chain Finance, Invoices Finance, and Money transfers.