Trade finance has catalysed the expansion of international trade in the past century. Bank-intermediated transactions now represent more than a third of world trade, worth trillions of dollars each year. In this context, trade finance allows companies to mitigate the risks associated with importing or exporting goods and services, permitting world trade to flow predictably and securely. Engaging in world trade holds enormous business potential. Yet, many companies, especially small- and medium-sized enterprises (SMEs), depend on access to banking services to unlock new markets. SMEs are the backbone of the global economy, representing around 95% of the world's companies and 60% of private sector jobs. They play a significant role in promoting employment and social cohesion. Financial inclusion, that is, financial products and services accessible and affordable to all businesses, is a fundamental pillar of a healthy trade ecosystem. As digital information becomes more accessible, convenient, and available, the trade finance industry is gradually modernising and digitally transforming.
Incorporating technologies could help address the trade finance gap to better include SMEs in trade, resulting in suppliers and buyers benefiting from cost reductions, access to liquidity, reduced transaction complexity, and greater access to B2B markets. Furthermore, while the trade finance industry has been even slower to digitise than the supply chain, post-financial-crisis pressure on banks and the rise of competition from FinTech have catalysed a great deal of movement lately. For example, blockchain is now a fundamental technology with many significant projects and consortia coming online. Distributed Ledger Technology (DLT) has moved banks to collaborate with new technology or FinTech companies to design and build new solutions. Established banks have also become more open to working with third-party technology providers. It is good news for trade finance that so many parties are interested and willing to fund the digitisation of the trade finance market, which for decades has been a grey mouse in the banking world regarding innovation and automation. In the end, buyers and sellers will benefit from a more tightly related industry, where adjacent players team up and offer joint solutions that leverage new technologies.
The Tradeleaf project was founded in response to the challenges facing trade finance markets and new innovative technologies. Tradeleaf strives to provide international traders with the most modern, traditional, and alternative financial instruments and solutions. It also enables lenders and investors to invest in various classes of financial assets. Tradeleaf’s challenge is to find, research, and develop the best use cases, connect the right parties, and place new solutions into commercially viable business models.
This document is a whitepaper for the Tradeleaf project (this "Whitepaper") and is provided by Tradeleaf Solutions Ltd., a BVI business company (the "Company", "we", "us", "our"), which is the developer of the Tradeleaf project (the "Tradeleaf Project"), including the developer of the Tradeleaf platform (the "Tradeleaf Platform") and the issuer of the TLF (Tradeleaf) cryptographic token (the "TLF token"). All information provided in this Whitepaper is for informational purposes only and to obtain feedback and discussion with regards to our current vision of the Tradeleaf Project, including the TLF token’s place within the Tradeleaf Project. This Whitepaper may be revised and amended by the Company at any time without prior notice. Nothing in this Whitepaper suggests a legal relationship between the recipient of this Whitepaper ("you", "your") and the Company, nor is it legally binding to the Company or any other person.
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