Tradwaltz (trade Waltz), a trade information partnership platform, was released on April 1.
According to the announcement, the product version has implemented the export and import functions in addition to the previously released LC (credit form) notification function. As a result, "tradewaltz" has corresponded to the settlement and customs business.
In the future, tradewaltz plans to provide an extension. In July of this year, the receipt of the LC acceptance and the IP (documents certifying the establishment of the insurance contract and the cargo insurance) and the DN (the documents used in the overseas trade) have been released, and in April of next year, the conclusion of the contract and the issuance of the P.V. (provisional invoice), the IP / dN issue request, are CO (certificate of origin) application and storage are scheduled to be released.
"Tradewaltz" is a platform for the use of block chains to simplify the processing process of paper documents in the trade business and to improve the efficiency of the business. It is said that the introduction can promote the work of the remote work in addition to the efficiency improvement. In addition, "tradewaltz" adopts "hyperledger fabric (hyper Leger fabric)" which is a block chain for enterprise.
The trade Waltz company, which provides "tradewaltz", was established in April 2020 by joint venture of NTT data, Mitsubishi Corporation, Toyoda commerce, Tokyo Marine Nichido fire insurance, Mitsubishi UFJ Bank, Kanematsu, and major insurance companies in Japan. After that, Itochu Corporation and binichi, Sumitomo Corporation, Mitsui bussan, Fujifilm, Mitsui Sumitomo Bank, NEC, and Bourbon participated in the consortium of trade waltz, and in February of this year, 100 members were crossed.
