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Open Standard · IMDA Singapore

Built on an open standard. Not locked to DocuShield.

TradeTrust is an open framework developed by Singapore's Infocomm Media Development Authority (IMDA). DocuShield is built on top of it, which means your documents work everywhere, not just here.

Only around 11% of Bills of Lading are electronic today, up from about 1% in 2021. TradeTrust exists to accelerate that by creating a single, interoperable standard that any company, bank, or government can implement. DocuShield is one implementation built on it. There are others. And they all work together.

What TradeTrust is

An open standard for digital trade documents. Not owned by any single company.

TradeTrust is a framework that defines how digital trade documents should be issued, verified, and transferred. It combines two things: a cryptographic standard that ensures documents cannot be tampered with, and a legal recognition layer aligned with MLETR (the UNCITRAL model law for electronic transferable records). Together, they make a digital document legally equivalent to a paper original.

Open source, publicly available

The TradeTrust specification and reference implementations are published openly. Any company or government can read, use, and build on them. The code is on GitHub. There is no licensing fee.

Backed by Singapore's IMDA

The framework is maintained by the Infocomm Media Development Authority, a Singapore Government statutory board. It is used by governments, ports, and banks across Singapore, the UK, and beyond.

No proprietary lock-in

A document issued on any TradeTrust-compatible platform, including DocuShield, can be verified on any other TradeTrust-compatible verifier. The network is open. No single vendor controls access to it.

What this means for you

Three things you can count on, regardless of what happens to DocuShield.

These are the questions every procurement team, legal department, and operations director should ask before committing to any digital document platform. Here are the honest answers.

Your documents don't expire if DocuShield changes.

The document record lives on the XDC blockchain. Anyone holding the .tt file can verify it independently, forever, using any TradeTrust-compliant tool. The record is permanent. It belongs to you, not to us.

Your counterparty doesn't need a DocuShield account.

Banks, port authorities, and customs offices can verify any DocuShield document on verify.tradetrust.io, completely free. No account, no software, no integration required. They drag in the file and see the result in seconds.

You are not locked in.

If you move to another TradeTrust-compatible platform, your document history travels with you. TradeTrust is a public open standard, not a proprietary format. Your documents work across the open TradeTrust network.

The verification network

Where a DocuShield document verifies.

Any platform that implements the TradeTrust standard can verify a DocuShield document. The official public verifier is verify.tradetrust.io, free and with no login. As more platforms and customs systems adopt the TradeTrust standard, the set of places your documents can be verified grows.

How a DocuShield document gets verified

Three seconds. No account. No software.

The person verifying the document does not need to know anything about blockchain or digital identity. The platform handles all of that automatically.

01

The verifier opens the document.

They receive a .tt document file or a shareable link from DocuShield. They drag it into verify.tradetrust.io or any compatible platform. No account is needed. No software to download. The whole process starts in seconds.

02

Three checks happen automatically.

The system checks three things independently: whether the document has been changed since it was issued, whether it was genuinely issued by the company it claims (by checking a verified record on that company's public domain), and whether the document is still active or has been surrendered or revoked.

03

Green means valid. Red means something is wrong.

Each check returns a clear pass or fail. If anything has been altered, or if the document has been revoked or surrendered, the verifier sees exactly which check failed and why. No ambiguity.

All checks passed

Document is valid and unmodified

Issuer identity failed

Domain record does not match the claimed issuer

Legal recognition

MLETR adoption by country.

The Model Law on Electronic Transferable Records (MLETR) is the UNCITRAL framework that gives legal force to electronic trade documents including electronic Bills of Lading. Countries that have adopted MLETR allow DocuShield eBLs to carry the same legal weight as paper originals on those trade lanes.

CountryStatusNotes
BahrainAdoptedAmong the first MLETR adopters
SingaporeAdoptedElectronic Transactions Act amendments
ParaguayAdoptedMLETR-based legislation
Abu Dhabi (ADGM)AdoptedAbu Dhabi Global Market free zone, not federal UAE
Papua New GuineaAdoptedElectronic Transactions Act
United KingdomAdoptedElectronic Trade Documents Act (MLETR-aligned)
FranceAdoptedImplementing decree followed in 2025
Timor-LesteAdoptedMLETR-based legislation
ChinaAdoptedMLETR-influenced; bills of lading
United StatesSeparate regimeRecognised under UCC Article 7 plus E-SIGN and UETA, not via MLETR. (UCC Article 12 covers a different category and does not apply to bills of lading.)
GermanyIn progressUnder development

Source: UNCITRAL MLETR status tracker, the authoritative list. Status as of mid-2026. The US uses UCC Article 7 plus E-SIGN and UETA rather than MLETR.

Proprietary eDOC platforms

Your counterparty must use the same platform to receive the document
The platform vendor controls access to your document history
If the vendor changes pricing, terms, or shuts down, your documents are at risk
Verification requires an active subscription to the platform
No cross-platform compatibility between competing vendors

TradeTrust open standard (DocuShield)

Any counterparty can verify your document for free, no account needed
Your documents live on the blockchain, independently of DocuShield
Verified on multiple platforms including the IMDA public verifier
Switch to any other TradeTrust-compatible platform without losing your document history
The standard is maintained by Singapore's government, not a private company

About IMDA and the TradeTrust initiative

The Infocomm Media Development Authority (IMDA) is a Singapore Government statutory board responsible for the development of the infocomm and media sectors. The TradeTrust initiative was launched to create a trusted, interoperable global framework for digital trade documents. McKinsey estimated in 2022 that electronic bills of lading could save $6.5 billion in direct costs and enable $30 to 40 billion in global trade (McKinsey, 2022).

TradeTrust is used by governments including Singapore and the United Kingdom, with participation from banks, port authorities, and logistics operators worldwide. It is developed as an open standard in collaboration with industry bodies across shipping, trade finance, and logistics.

Learn more at tradetrust.io

Questions about compatibility with your systems?

We will walk you through which platforms your counterparties already use, which trade lanes are covered, and exactly how verification works end to end.

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Pilot program for freight forwarders · Running on a public test network, mainnet deployment in progress