08 Decent work and economic growth09 Industry, innovation and infrastructure10 Reduced inequalities12 Responsible consumption and production17 Partnerships for the goals
  • Original Title: TradeTrust
  • Year: 2023
  • Award: World Summit Award
  • Category: Business & Commerce
  • Producer: Furqan Akram Khan, Sin Yong Loh, Dennis Yip, Ren Yuh Kay, Hendry Poh, Serene Deng, Maisy Kwan, Shi Kai Chan, Isaac Koh
  • Country: Singapore
  • URL:

TradeTrust addresses the challenges of paper-based international trade.
An open-source software digitalises international trade documents, reduces
the costs of documentation and the risks of fraud. Paperwork cut
makes up 20 percent of shipping costs. While goods arrive, documents
are stuck in the supply chain delaying cargo delivery. TradeTrust enables
industry to verify a document’s authenticity and create Electronic
Transferable Records (ETRs). TradeTrust enables businesses world-wide
to integrate digitalisation into their trade documentation process, reducing
disruptions to the flow of goods, while aligning organisations.