Developed by CryptoBLK, ATLAS is a production ready supply chain finance DLT-based platform.
It eliminates digital silos and brings together buyers, suppliers and financiers on one
Capitalizing on Blockchain technology, ATLAS aims at providing the source of truth to
documents for digitized
supply chain finance.
Global trade is reporting over USD17.2 trillion of cross-border trades in 2017, and a
projected growth of 4% annually, according to the World Trade Organization. In the current
market however, trade finance is costly and slow due to disconnected systems and digital
islands, fragmented processing, and intensive manual and redundant processes. The
paper-based workflows are also creating opportunities for fraud, adding difficulties in
accessing compliance and increasing audit risks. These obstacles lead to a trade financing
gap and missed opportunities for GDP growth.
ATLAS, a DLT-based trade finance hub, was designed to solve the aforementioned problems and greatly
reduce financing risks and costs associated with trade finance.
ATLAS is a fully digitized platform and requires minimal manual interaction, thanks to smart
contract guided mechanisms. The use of Blockchain provides an audit trail for traceability,
provides transparency to workflows, mitigates credit risks in financing transactions, and
facilitates lower fees and barriers to trade. Both R3 Corda and Hyperledger Fabric versions
of ATLAS are available depending on your corporate needs.
ATLAS Core Features
With a highly customizable Smart Agreement module, ATLAS streamlines financing
and makes negotiation, drawdown, conversion, revolving credits, and end-to-end workflows
The Smart Agreements also enable partial financing and bulk financing for multiple POs
invoices. AP, AR, pre-shipment, post-shipment, invoice and PO financing are all
with an opt-in Marketplace platform as well.
Trade workflows are digitized with redundant processes eliminated from purchase orders,
amendment workflows, and document transfers, to financing applications and payment
Streamlined workflows help reduce business operation costs, and speed up end-to-end
processes. The platform also supports real-time per trade notifications on status
Marketplace on ATLAS allows companies to search for new financing and factoring
opportunities, whilst providing new channels of business to financing firms.
Comprehensive customer profile management facilitates financing application and review,
supports partial financing, as well as electronic title and document transfer.
ATLAS APIs enable seamless and secure integration with carriers and issuers of eBLs,
financier and exporter/importer SAP/ERP, and other trade facilities including insurers,
ports, customs, and digital certifications.