TradeTrust Concepts

What is TradeTrust (in this context)

TradeTrust is an open framework for creating verifiable, transferable electronic trade documents that are legally aligned with UNCITRAL MLETR.

BlockPeer Trade APIs generate and manage documents that conform to TradeTrust standards.

Electronic Transferable Records (ETRs)

An ETR is a digital document that:

Represents a transferable trade instrument
Exists in a single authoritative form
Can be transferred or endorsed
Has a clear controller at any point in time

Examples:

Electronic Bill of Lading (eBL)
Electronic Promissory Note (ePN)

Token Registry

A Token Registry is the control layer for ETRs.

It:

Records who controls a document
Enforces transfer and endorsement rules
Maintains the current state of each document

Each eBL / ETR is issued against a registry.

Roles & control

TradeTrust defines roles such as:

Issuer
Holder
Beneficiary
Owner

BlockPeer Trade APIs allow Integrating Systems to:

Assign roles
Query current role status
Transfer control between roles

Endorsement & transfer

ETR lifecycle actions include:

Transfer of holding
Nomination of beneficiary
Endorsement of ownership
Rejection of transfers
Return to issuer

Each action:

Requires End User approval
Preserves document singularity
Updates the TradeTrust control state

Verification

TradeTrust documents can be independently verified to confirm:

Document integrity
Issuer identity
Current controller
Valid endorsement chain

BlockPeer provides verification APIs, but documents remain verifiable outside BlockPeer as well.

Why this matters

Interoperability across platforms
No vendor lock-in
Legal recognition under MLETR
Bank-grade trust and auditability

Summary

Trade APIs operate on TradeTrust-compliant ETRs
Integrating Systems use REST APIs
End Users approve actions via redirect + passkeys
BlockPeer orchestrates, not controls