TradeOnChain
TradeOnChain simplifies global trade for SMEs by using blockchain and smart contracts to remove barriers traditionally faced in cross-border commerce. Built on the secure and decentralised Internet Computer Protocol (ICP), the platform enables end-to-end digitalisation of international trade contracts, reducing costs, errors, and delays. SMEs benefit from streamlined contract management, automated compliance, and enhanced transparency and trust across the supply chain.
Unlike traditional systems reliant on manual paperwork and intermediaries, TradeOnChain automates compliance with international customs and trade regulations. Smart contracts and Self-Sovereign Identity (SSI) ensure trusted onboarding, full auditability, and data integrity, critical for SMEs with limited resources.
The platform integrates a hybrid payment system, combining crypto-assets and fiat currency. This allows SMEs to choose the most efficient settlement method for each transaction, while maintaining regulatory compliance and offering secure, traceable payment flows.
TradeOnChain is designed to be interoperable, adopting standards from ICC, UNECE, and UNCITRAL, and capable of exchanging data across formats to connect with customs, ports, and financial institutions. This paper-free and standardised approach addresses key industry challenges such as fragmented systems and regulatory complexity.
Backed by institutions including the EU Horizon programme and the International Chamber of Commerce, TradeOnChain is being validated through SME pilots. Results already show measurable efficiency gains, including reduced processing times and higher user satisfaction.
Accessible and user-friendly, TradeOnChain gives SMEs intuitive tools to manage contracts and payments securely, empowering them to trade globally with confidence and efficiency.