Teesside Trade Digitization
Local Merchant Services have been providing Trade Digitization Services since 2017. Digitizing Trade helps avoid lengthy delays
IBM Digital Trade Services
IBM Digital Trade Services also provided including: Blockchains-As-A-Service; Food Trust; Internet Of Things; Transparent Supply
Your Local Logistics Provider
Part of the TRADE GATEWAYS Programme
For Local Trade Opportunities for Buyers and Sellers, access Buyers or Sellers through an applicable B2B Marketplace. After concluding a transaction, come back and use the Digital Trade Features at this site, to access a local infrastructure to execute agreed Transactions, in a faster and more secure manner.
Applicable B2B Marketplaces include those below:
Provision Of Infrastructure For Trade Digitization
Each transaction is treated on a case by case basis, but a general scenario is one as detailed below:
1. Buyer sees the offer at the transactional site that is part of the TRADE GATEWAYS Programme, and agrees to buy from a Seller. The parties agree an equivalence between control of an electronic transferrable record and possession of a transferrable paper document or instrument.
2. Buyer makes the order and the trade invoice is generated by the seller on the TRADE GATEWAYS Platform.
3. The parties agree that an Electronic letter of credit will be utilized in the transaction. The parties also agree on the Logistics Company to be utilized, who are part of the TRADE GATEWAYS Programme.