Electronic Trade Documents · MLETR / ETDA 2023

The Operating System for Global Trade.

MLETR-aligned electronic title transfer. Digitise every trade document and give it the same legal standing as its paper original: managed, endorsed, and audited on an institutional ledger.

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B/L WHEAT-PT001 · SHA-256 A3F9…C41FSEALED 09 JUL 2026 · 14:02 UTCTERRA COMMODITIESLEI 529900T8BM49AURSDO55LAYTIME RUNNING · 27H 14M / 72HETA MANILA · 4D 06H · CIF
ELECTRONIC BILL OF LADING · MLETR ARTICLE 17·LETTER OF CREDIT · UCP 600 / eUCP VALIDATED·CERTIFICATE OF ORIGIN · STRUCTURED EXTRACTION·COMMERCIAL INVOICE · FIELD-LEVEL CHECKS·TITLE TRANSFER · CANTON INSTITUTIONAL LEDGER·CRYPTOGRAPHIC CUSTODY · 2-OF-3 SIGNING·ELECTRONIC BILL OF LADING · MLETR ARTICLE 17·LETTER OF CREDIT · UCP 600 / eUCP VALIDATED·CERTIFICATE OF ORIGIN · STRUCTURED EXTRACTION·COMMERCIAL INVOICE · FIELD-LEVEL CHECKS·TITLE TRANSFER · CANTON INSTITUTIONAL LEDGER·CRYPTOGRAPHIC CUSTODY · 2-OF-3 SIGNING·

$5 trillion in commodity services still moves by email, PDF and courier.

"100+ emails per contract. 75-day trade cycle. 50 days of working capital locked up."
Physical Commodity Trader
SINGAPORE
"We don’t use technology at all — and we’re facing a massive fraud problem."
Trade Finance Banker
ABU DHABI
"$500K+ annual demurrage losses — and we still cannot calculate them correctly."
Head of Logistics
LAUSANNE
BILL OF LADINGORIGINAL · 1 OF 1
0100 1000 0110 0001 0111 0110 0110 1111
0110 1110 0110 0001 0010 0000 0100 0101
0101 0100 0101 0010 0010 0000 1010 0110
SEALED · SHA-256 A3F9…C41F · 09 JUL 2026 14:02 UTC

Same instrument. Now ones and zeros — with the law behind it. One original, one holder, one verifiable seal.

16.4 hrs
to process one bill of lading by hand
$50 bn
lost every year to trade document fraud
4 bn
paper documents in circulation
SOURCES · ADB · DCSA · ICC
Vault to Vault

Title moves the way funds do — vault to vault, atomically.

SELLER VAULTLEI 5299…DO55BUYER VAULTLEI 3358…N1P4ONE ORIGINAL · SEALED ETR · ISO 20022 SETTLEMENTDELIVERY VERSUS PAYMENT · NO COPIES · NO RECONCILIATION
02The platform

One platform. Workflows for every desk.

Eight modules across the trade lifecycle — and a specialist agent on each one, grounded in your deal data.

Trade Blotter

A shared workspace where counterparties negotiate the deal and its documents.

ETR Vault

Issue, hold, and transfer Electronic Transferable Records under cryptographic custody.

Compliance

Screen every counterparty and vessel against sanctions and watchlists before you sign.

Trade Finance

Letters of credit and collateral, validated against UCP 600 / eUCP.

Risk

Exposure, limits, and position context bound to the deal.

Logistics

Shipment status and live vessel tracking, with laytime and demurrage in view.

Ledger

One authoritative record on the Canton institutional ledger, with a tamper-evident audit trail.

Reporting & Data

Query your book in plain language; export the numbers that matter.

One platform · Every desk

See it running on your own deal data.

06Enterprise Access

Ready to move trade volume
off paper?

A first call takes 30 minutes. We’ll walk your team through the platform and how it sits alongside your existing ERP, banking, and logistics systems.