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ePromissory Note

Overview​

ePromissory Note (also known as eBill of Exchange or eBoE) is an electronic version of a promissory note or bill of exchange. It's a legally binding digital document that represents a promise to pay a specified amount at a specified time, secured on blockchain and verifiable via TradeTrust.

What is ePromissory Note?​

Traditional Promissory Note​

A promissory note is:

  • A written promise to pay
  • Specified amount of money
  • At specified future date
  • To specified party (payee/beneficiary)
  • Negotiable instrument (can be transferred)

Electronic Promissory Note​

ePromissory Note digitalizes this:

  • Blockchain-Based: Stored on immutable ledger
  • Legally Equivalent: Same legal status as paper
  • Transferable: Digital endorsement and transfer
  • Verifiable: TradeTrust verification
  • Negotiable: Can be traded, factored, discounted
  • Secure: Tamper-proof, traceable

Key Components​

Parties Involved:

Drawer:

  • Party creating the note
  • Promising to pay
  • Debtor/buyer
  • Your company details

Drawee (Optional):

  • Party responsible for payment
  • Bank or financial institution
  • Third-party payer

Beneficiary:

  • Party receiving payment
  • Creditor/seller
  • Payee

DNS:

  • Your verified domain
  • Links to token registry
  • Enables TradeTrust verification

Use Cases​

Trade Credit:

  • Extend credit to buyers
  • Deferred payment terms
  • International trade financing
  • Supplier credit

Invoice Discounting:

  • Sell promissory notes to financiers
  • Receive early payment
  • At a discount
  • Working capital solution

Letter of Credit Alternative:

  • Digital trade instruments
  • Reduced banking costs
  • Faster processing
  • Blockchain verified

Supply Chain Finance:

  • Multi-tier financing
  • Supplier early payment
  • Buyer extended terms
  • Financier involvement

Prerequisites​

Before creating ePromissory Notes:

  • ✅ Configuration completed
  • ✅ Wallet connected
  • ✅ Token registry created
  • ✅ DNS verified and added
  • ✅ Sufficient gas tokens
  • ✅ Understanding of promissory notes

Accessing ePromissory Note​

ePromissory Note

  1. Click ePromissory Note in sidebar
  2. ePromissory Note module opens
  3. List of existing notes displayed (if any)

Creating ePromissory Note​

Step 1: Initiate Creation​

Create ePromissory Note

  1. Click + Create New or Create ePromissory Note button
  2. Create form opens
  3. Breadcrumb: Dashboard > ePromissory Note > Create

Step 2: Network and Wallet​

Top-Right Controls:

Select Network:

  • Dropdown showing current network
  • Must match token registry network
  • Cannot change after issuance

Connect Wallet:

  • Blue button
  • Ensure wallet connected
  • Required for blockchain transaction

Step 3: Reference Number and Timestamp​

Reference No: 68996744-93b7-4596-8d60-3bdf3a387296

  • Auto-generated unique reference
  • UUID format
  • Identifies this specific note
  • Used for tracking
  • Cannot be changed
  • Blockchain reference

Timestamp:

  • Date and time picker
  • Format: dd-mm-yyyy --:-- --
  • When note was created
  • Can set to current or specific time
  • Important for legal validity
  • Calendar picker available

DNS:

  • Dropdown: "Select DNS"
  • Choose your verified domain
  • Required for TradeTrust verification
  • Must be configured domain
  • Links note to your identity

Step 4: Party Details (Drawer)​

The Drawer is the party creating and signing the promissory note (typically the buyer/debtor).

Company Name:

  • Text input field
  • Legal name of drawer company
  • Your company or customer company
  • Full legal entity name
  • As per registration documents

Company Number/LEI:

  • Company registration number
  • Or Legal Entity Identifier (LEI)
  • Unique company identifier
  • Tax ID or business number
  • Required for verification

Jurisdiction of Incorporation:

  • Text input field
  • Where company is registered
  • Country or state
  • Legal jurisdiction
  • Example: "Delaware, USA" or "England and Wales"

Email:

  • Company email address
  • Contact for drawer
  • Official company email
  • Used for notifications

Drawer Wallet Address:

  • Blockchain wallet address
  • Where drawer will sign
  • 0x... format
  • Must be valid address
  • Drawer's identity on blockchain

Place of Issue:

  • Text input field
  • Where note is issued
  • City and country
  • Legal jurisdiction
  • Example: "New York, USA"

Step 5: Drawee Details (Optional)​

What is Drawee?

The drawee is the party responsible for payment.

Amount Details:**

Principal Amount:

  • Numeric input
  • Amount to be paid
  • In specified currency
  • Main obligation amount
  • Example: 50,000

Currency:

  • Dropdown selection
  • USD, EUR, GBP, JPY, etc.
  • Or cryptocurrency (USDT, USDC)
  • Fiat or digital currency
  • Payment denomination

Amount in Words:

  • Auto-populated or manual entry
  • Spelled out amount
  • Legal requirement
  • Example: "Fifty Thousand US Dollars"
  • Prevents alteration

Step 8: Payment Terms​

Issue Date:

  • Date picker
  • When note is created
  • Starting date for terms
  • Format: dd-mm-yyyy

Maturity Date:

  • Date picker
  • When payment is due
  • Final payment date
  • Must be after issue date
  • Calculates tenor

Tenor/Term:

  • Days between issue and maturity
  • Auto-calculated
  • Example: 90 days, 180 days
  • Payment period
  • Can be: "At sight", "30 days after sight", "On demand"

Interest Rate (Optional):

  • Percentage field
  • Annual interest rate
  • If interest-bearing note
  • Example: 5% per annum
  • Leave blank if no interest

Interest Calculation Method:

  • Simple interest
  • Compound interest
  • Daily, monthly calculation
  • Specified in note terms

Step 9: Payment Details​

Payment Instructions:

Payment Method:

  • Bank transfer
  • Cryptocurrency transfer
  • Check
  • Other specified method

Payment Address/Account:

  • Bank account details
  • Crypto wallet address
  • Where to send payment
  • Include all necessary details

Bank Details (if applicable):

  • Bank name
  • Account number
  • SWIFT/BIC code
  • Routing number
  • Account holder name

Crypto Details (if applicable):

  • Wallet address
  • Network/chain
  • Token type
  • Payment instructions

Step 10: Terms and Conditions​

Standard Clauses:

Payment Terms:

  • When payment is due
  • Grace period if any
  • Late payment penalties
  • Default interest rate

Place of Payment:

  • City and country
  • Legal jurisdiction
  • Where payment should be made

Governing Law:

  • Which jurisdiction's law applies
  • Legal framework
  • Dispute resolution location
  • Example: "Laws of New York State"

Additional Terms:

  • Special conditions
  • Warranties
  • Representations
  • Other agreements

Notes Section:

  • Free text area
  • Additional information
  • Special instructions
  • References to contracts

Step 11: Supporting Documents​

Attachments (Optional):

Upload supporting documents:

  • Purchase order
  • Sales contract
  • Invoice
  • Delivery documents
  • Previous correspondence

File Upload:

  • Click to browse
  • Drag and drop
  • Multiple files supported
  • PDF, images, documents

Step 12: Review Before Issuance​

Pre-Issuance Checklist:

  • ✓ All party details complete and accurate
  • ✓ Amounts correct (numbers and words match)
  • ✓ Dates are logical (maturity after issue)
  • ✓ Payment terms clearly specified
  • ✓ Payment instructions complete
  • ✓ DNS domain selected
  • ✓ Reference number generated
  • ✓ Terms and conditions included
  • ✓ Supporting documents attached
  • ✓ Reviewed for errors

Common Errors to Avoid:

  • Mismatched amounts (numbers vs words)
  • Incorrect party information
  • Invalid dates
  • Missing payment details
  • Wrong jurisdiction
  • Typos in company names

Step 13: Save or Issue​

Action Buttons:

Save as Draft:

  • Gray/white button
  • Saves without issuing to blockchain
  • Can edit later
  • Not legally binding yet
  • Status: Draft

Issue ePromissory Note:

  • Blue button
  • Publishes to blockchain
  • Legally binding
  • Cannot edit after
  • Requires gas fee

Cancel:

  • Discards changes
  • Returns to list
  • No data saved

Issuing ePromissory Note​

Blockchain Transaction​

When you click "Issue":

  1. Wallet Popup Appears

    • Shows transaction details
    • Gas fee estimate
    • Network confirmation
    • Review all details

  2. Transaction Details Show:

    • To: Token registry address
    • Data: Note details hash
    • Gas Fee: Transaction cost
    • Network: Selected blockchain

  3. Approve in Wallet

    • Click "Confirm"
    • Transaction submitted
    • Hash generated
    • Pending confirmation

  4. Wait for Confirmation

    • Typically 15-60 seconds
    • Progress indicator shows
    • Don't close browser
    • Multiple confirmations needed

  5. Issuance Complete

    • Success message appears
    • Note status: Issued
    • Blockchain transaction hash provided
    • Token ID generated
    • Note is now live

What Gets Recorded on Blockchain​

On-Chain Data:

  • Unique token ID
  • Reference number
  • Issue date and maturity date
  • Principal amount
  • Parties' wallet addresses
  • Hash of document content
  • Token registry link
  • Timestamp

Off-Chain Data (Linked):

  • Full party details
  • Complete terms and conditions
  • Supporting documents
  • Additional notes
  • Accessible via document hash

Once issued:

  • Legally Binding: Enforceable promise to pay
  • Immutable: Cannot be altered
  • Verifiable: Anyone can verify authenticity
  • Transferable: Can be endorsed and transferred
  • Negotiable: Can be traded or factored
  • Court Admissible: Blockchain proof accepted

Managing ePromissory Notes​

ePromissory Note List​

ePromissory Note

Table Columns:

REFERENCE NUMBER:

  • Unique identifier
  • UUID format
  • Clickable to view details

DRAWER COMPANY NUMBER:

  • Drawer's company ID
  • Legal entity identifier

DRAWER EMAIL:

  • Contact email
  • Drawer's email address

DRAWER DNS:

  • Linked domain
  • Your verified DNS

AMOUNT CURRENCY:

  • Currency code
  • USD, EUR, crypto, etc.

AMOUNT VALUE:

  • Principal amount
  • Numeric value
  • In specified currency

SIGNER NAME:

  • Who signed the note
  • Wallet address or name

ACTION:

  • Quick action buttons
  • View, download, verify

ePromissory Note Status​

Status Flow:

Draft
  ↓
Issued
  ↓
Endorsed (if transferred)
  ↓
Matured (on maturity date)
  ↓
Paid

Or:

Draft
  ↓
Issued
  ↓
Dishonored (if not paid at maturity)

Status Definitions:

Draft:

  • Being prepared
  • Not on blockchain
  • Can edit
  • No legal effect

Issued:

  • Published to blockchain
  • Legally binding
  • Ownership established
  • Awaiting maturity

Endorsed:

  • Transferred to another party
  • New owner recorded
  • Blockchain transfer complete
  • Original issuer still liable

Matured:

  • Past maturity date
  • Payment now due
  • Can demand payment
  • Interest may apply

Paid:

  • Payment received
  • Obligation fulfilled
  • Note discharged
  • Recorded on blockchain

Dishonored:

  • Payment not received at maturity
  • Default situation
  • Legal action possible
  • Recorded on blockchain

Viewing ePromissory Note Details​

Opening Note:

  1. Click reference number or View button
  2. Full note details display
  3. All information visible

Detail Sections:

Header:

  • Electronic Promissory Note title
  • Reference number
  • Status badge
  • Timestamp
  • DNS domain

Party Details:

  • Drawer information
  • Drawee information (if applicable)
  • Beneficiary information
  • All contact details

Financial Terms:

  • Principal amount
  • Currency
  • Interest rate (if any)
  • Total amount due

Date Information:

  • Issue date
  • Maturity date
  • Tenor/term
  • Current status

Payment Instructions:

  • Payment method
  • Bank/crypto details
  • Where to pay
  • How to pay

Terms and Conditions:

  • Full legal terms
  • Governing law
  • Additional clauses
  • Special conditions

Blockchain Information:

  • Transaction hash
  • Block number
  • Token ID
  • Verification link
  • Smart contract address

Attachments:

  • Supporting documents
  • Download links
  • Document previews

Action Buttons on Note​

Download:

  • Download as PDF
  • TradeTrust format (.tt file)
  • Print-ready version
  • Includes QR code for verification

Verify:

  • Quick verify button
  • Check TradeTrust status
  • Verify on blockchain
  • Generate verification report

Endorse/Transfer:

  • Transfer ownership
  • Digital endorsement
  • To another party
  • Blockchain transaction required

Record Payment:

  • Mark as paid
  • Enter payment details
  • Payment date
  • Transaction reference

Print:

  • Print physical copy
  • For records
  • Legal backup
  • Traditional archive

Endorsement and Transfer​

What is Endorsement?​

In Traditional Promissory Notes:

  • Signature on back of note
  • Transfers ownership
  • New holder can claim payment
  • Chain of endorsements

In ePromissory Notes:

  • Digital signature
  • Blockchain transfer
  • New wallet owner recorded
  • Transparent ownership chain

Why Transfer/Endorse?​

Invoice Factoring:

  • Sell note to factor
  • Receive immediate payment
  • At a discount
  • Factor collects at maturity

Trade Finance:

  • Banks purchase notes
  • Provide working capital
  • Supplier gets early payment
  • Bank profits from discount

Investment:

  • Sell to investors
  • Yield-bearing instrument
  • Secondary market
  • Liquidity option

Transfer Process​

Step 1: Initiate Transfer

  1. Open issued note
  2. Click Endorse or Transfer button
  3. Transfer form appears

Step 2: Enter Transfer Details

Recipient Information:

  • Recipient name
  • Wallet address (0x...)
  • Email notification (optional)
  • Transfer reason

Transfer Type:

  • Full transfer: All rights transferred
  • Partial: Split ownership (if supported)
  • With recourse: You remain liable
  • Without recourse: No liability

Transfer Terms:

  • Transfer date
  • Consideration amount (if selling)
  • Conditions
  • Special terms

Step 3: Approve Blockchain Transaction

  1. Review transfer details
  2. Wallet popup appears
  3. Approve transaction
  4. Pay gas fee
  5. Wait for confirmation

Step 4: Transfer Complete

  • Ownership transferred on blockchain
  • Recipient becomes new holder
  • You receive confirmation
  • Transfer recorded in history
  • Recipient can now claim payment

Transfer History​

Tracking Transfers:

Each note maintains complete history:

  • Original issuer
  • All subsequent owners
  • Transfer dates
  • Blockchain transaction hashes
  • Current owner

Transparency:

  • Anyone can view transfer chain
  • Verifiable ownership
  • No disputes
  • Clear audit trail

Payment and Settlement​

Recording Payment​

When Payment is Received:

  1. Open the note

  2. Click Record Payment

  3. Enter payment information:

    • Payment date
    • Amount received
    • Payment method
    • Reference/transaction ID
    • Payer details

  4. Upload proof (optional):

    • Bank statement
    • Transaction screenshot
    • Payment confirmation
    • Receipt

  5. Submit payment record

  6. Note status updates to "Paid"

Partial Payments​

If Accepting Partial Payments:

  1. Record each payment separately
  2. Running balance maintained
  3. Shows amount remaining
  4. Multiple payment records
  5. Final payment completes note

Payment Verification​

On Blockchain:

For crypto payments:

  • Payment transaction on blockchain
  • Verifiable by anyone
  • Immutable proof
  • Automatic detection possible

Traditional Payments:

For bank transfers:

  • Manual recording
  • Upload bank confirmation
  • Reference numbers
  • Audit trail maintained

Dishonored Notes​

If Payment Not Received:

At Maturity:

  1. Note automatically marked "Matured"
  2. Grace period (if specified)
  3. If still unpaid, mark "Dishonored"

Recording Dishonor:

  1. Click Record Dishonor
  2. Enter dishonor details:
    • Reason for non-payment
    • Attempts to collect
    • Communication history
  3. Blockchain transaction
  4. Status: Dishonored

Legal Recourse:

  • Blockchain proof of obligation
  • Dishonor recorded
  • Legal action possible
  • Court-admissible evidence

TradeTrust Verification​

Verifying ePromissory Notes​

Why Verify:

  • Prove authenticity
  • Check for tampering
  • Verify issuer
  • Legal validation
  • Due diligence

Verification Process:

  1. Download Note

    • Click Download button
    • Save .tt or .json file

  2. Go to TradeTrust.io

  3. Upload Note File

    • Drag and drop file
    • Or browse to select
    • Upload to verifier

  4. View Verification Results

Verification Checks:

✅ Document Integrity

  • Has document been tampered with?
  • Hash matches blockchain
  • Content unchanged

✅ Issuer Identity

  • DNS verification
  • Domain matches token registry
  • Legitimate issuer

✅ Document Status

  • Currently valid?
  • Not revoked
  • Ownership confirmed

Verification for Third Parties​

Banks and Financiers:

  • Must verify before purchasing
  • Confirms authenticity
  • Risk assessment
  • Compliance requirement

Verification Information Shown:

  • Issuer name and domain
  • Issue date
  • Amount and currency
  • Current owner
  • Transfer history
  • Blockchain details

Building Trust:

  • Independent verification
  • No need to trust issuer
  • Blockchain proof
  • Globally recognized

Interest-Bearing Notes​

Adding Interest​

When Creating Note:

  1. Specify interest rate
  2. Choose calculation method:
    • Simple interest
    • Compound interest
    • Daily accrual
    • Monthly accrual

Interest Calculation:

Simple Interest:

Interest = Principal × Rate × Time

Example:

  • Principal: $50,000
  • Rate: 5% per annum
  • Term: 90 days
Interest = $50,000 × 0.05 × (90/365) = $616.44
Total Due = $50,000 + $616.44 = $50,616.44

Compound Interest:

Total = Principal × (1 + Rate/n)^(n×Time)
Interest = Total - Principal

Interest Terms​

Specify in Note:

  • Interest rate percentage
  • Calculation method
  • Compounding frequency
  • Day count convention (30/360, actual/365)
  • Interest payment schedule

Late Payment Interest:

  • Default interest rate
  • Penalty rate
  • When it applies
  • How calculated

Electronic Promissory Notes:

  • Legally equivalent to paper notes
  • Recognized under:
    • UNCITRAL MLETR (Model Law on Electronic Transferable Records)
    • Uniform Commercial Code (USA)
    • Bills of Exchange Act (UK and Commonwealth)
    • National electronic transaction laws

Requirements for Validity:

  1. In Writing: Electronic form acceptable
  2. Signed: Digital signature valid
  3. Unconditional Promise: To pay
  4. Fixed Amount: Specific sum
  5. Payable to Order or Bearer: Negotiable
  6. Payable on Demand or at Definite Time: Clear terms

Jurisdiction Considerations​

Governing Law:

  • Specify in note
  • Which country's law applies
  • Important for enforcement
  • Dispute resolution

Cross-Border Notes:

  • International law applies
  • Convention on International Bills
  • Hague Securities Convention
  • Local law compliance

Dispute Resolution​

In Case of Dispute:

Blockchain Evidence:

  • Immutable proof
  • Timestamped records
  • Clear ownership
  • Transfer history

Arbitration Clause:

  • Consider including
  • Faster resolution
  • Lower cost
  • Enforceable internationally

Court Proceedings:

  • Blockchain evidence admissible
  • TradeTrust verification
  • Clear documentation
  • Strong legal position

Advanced Features​

Conditional Notes​

Conditional Payment:

Some notes may include:

  • Payment upon delivery
  • Upon inspection approval
  • Subject to contract completion
  • Other conditions precedent

Smart Contract Integration:

  • Automatic payment release
  • When conditions met
  • Blockchain verification
  • Reduces disputes

Multi-Party Notes​

Multiple Beneficiaries:

  • Split payment
  • Multiple payees
  • Proportional distribution
  • Complex arrangements

Co-Makers/Guarantors:

  • Joint liability
  • Multiple drawers
  • Guarantee structure
  • Enhanced security

Note Chains​

Linked Notes:

  • Series of notes
  • Installment payments
  • Structured finance
  • Complex transactions

Parent-Child Notes:

  • Master note
  • Sub-notes
  • Hierarchical structure
  • Consolidated tracking

Integration with Other Modules​

E-Invoice Connection​

Invoice-Backed Notes:

  • Create note from invoice
  • Link to specific invoice
  • Payment against invoice
  • Integrated workflow

Process:

  1. Create eInvoice
  2. Buyer creates ePromissory Note
  3. Note references invoice
  4. At maturity, invoice marked paid

Trade Finance Integration​

With Banks:

  • Submit note for financing
  • Bank verification via TradeTrust
  • Approval process
  • Fund disbursement

Factoring Companies:

  • Upload note for factoring
  • Instant verification
  • Quick approval
  • Early payment received

Reporting and Analytics​

ePromissory Note Reports​

Portfolio View:

  • All outstanding notes
  • Total value
  • Maturity schedule
  • Risk assessment

Aging Report:

  • Notes by maturity date
  • Overdue notes
  • Payment collection priority
  • Cash flow forecasting

Transfer Report:

  • All endorsements
  • Current holders
  • Transfer history
  • Factoring analysis

Financial Analysis​

Cash Flow Projection:

  • Expected receipts
  • By maturity date
  • Scenario analysis
  • Planning tool

Discount Analysis:

  • If selling notes
  • Calculate discount rate
  • Compare offers
  • Optimize timing

Best Practices​

Creating Notes​

Clear Terms:

  • Unambiguous language
  • Specific amounts and dates
  • Clear payment instructions
  • Complete party details

Proper Documentation:

  • Attach supporting documents
  • Reference underlying transaction
  • Include all agreements
  • Complete audit trail

Accurate Information:

  • Verify all party details
  • Double-check amounts
  • Confirm dates
  • Review before issuing

Managing Notes​

Track Maturity:

  • Calendar reminders
  • Follow up before maturity
  • Prepare for collection
  • Prompt payment requests

Maintain Records:

  • Download copies
  • Backup blockchain hashes
  • Keep correspondence
  • Document everything

Professional Communication:

  • Clear payment reminders
  • Professional tone
  • Document all interactions
  • Escalate appropriately

Security​

Wallet Security:

  • Secure private keys
  • Use hardware wallet for high values
  • Multi-signature for large notes
  • Regular security audits

Due Diligence:

  • Verify counterparties
  • Check creditworthiness
  • Assess payment risk
  • Document assessment

Troubleshooting​

Q: Transaction failed when issuing note A: Check wallet has sufficient gas tokens. Increase gas limit. Verify network connection. Try again with higher gas price.

Q: Cannot transfer note A: Ensure note is in "Issued" status. Verify recipient wallet address. Check you are current owner. Ensure sufficient gas fee.

Q: Note not verifying on TradeTrust A: Confirm DNS is properly configured. Re-download the .tt file. Try verifying again. Check file format is correct.

Q: Want to modify issued note A: Cannot modify issued notes (blockchain immutable). Must cancel and reissue. Or create amended note referencing original.

Q: Drawer disputes note A: Blockchain provides proof of creation. Transaction hash is evidence. Legal action may be needed. Consult legal counsel.

Q: Payment made but note still shows unpaid A: Manually record payment. Provide payment proof. Update status. Blockchain transactions may be pending.

Q: Lost access to note A: Notes are on blockchain permanently. Recover wallet to regain access. Use blockchain explorer to view. Contact support for help.

Frequently Asked Questions​

Q: Is ePromissory Note legally binding? A: Yes, in jurisdictions recognizing electronic negotiable instruments. Same legal effect as paper promissory notes.

Q: Can I enforce payment legally? A: Yes. ePromissory Note is evidence of debt. Blockchain proof is admissible in court. Legal enforcement same as paper.

Q: How much does it cost? A: Only blockchain gas fees. Typically $0.10-$2 per note. No monthly fees or subscription costs.

Q: Can I sell/transfer the note? A: Yes! That's the key feature. Transfer via blockchain. New owner can claim payment at maturity.

Q: What if drawer doesn't pay? A: Record dishonor on blockchain. Take legal action if needed. Blockchain proof supports your case.

Q: Do I need the other party's permission to issue? A: Drawer (payer) creates the note. Beneficiary (payee) receives it. Both parties should agree to terms beforehand.

Q: Can I create note in any currency? A: Yes. Fiat currencies (USD, EUR, etc.) or cryptocurrencies. Specify in note. Payment in agreed currency.

Q: How long are notes stored? A: Forever on blockchain. Permanently accessible. Cannot be deleted. Always verifiable.

Q: What if I made a mistake? A: If draft, edit and correct. If issued, cannot change. Create new note or amendment. Blockchain records are permanent.

Q: Can banks accept ePromissory Notes? A: Yes. Many banks accept TradeTrust-verified notes. Check with your bank. Increasingly common for trade finance.

Summary​

ePromissory Note brings negotiable instruments to the blockchain:

  • ✅ Legally Binding: Same status as paper notes
  • ✅ Transferable: Digital endorsement and transfer
  • ✅ Verifiable: TradeTrust global verification
  • ✅ Secure: Blockchain immutability
  • ✅ Efficient: Instant transfers, no physical handling
  • ✅ Cost-Effective: Minimal transaction fees
  • ✅ Trade Finance Ready: Factoring and discounting enabled

Transform Trade Credit:

  1. Create ePromissory Note
  2. Issue to blockchain
  3. Transfer for financing
  4. Verify on TradeTrust
  5. Receive payment at maturity
  6. Digital trade future

Next: Learn about Warehouse Receipt for commodity financing