Case Study: TradeWaltz achieves 47% more efficient trade communication with Hyperledger Fabric

TradeWaltz increases trade communication efficiency by 47% with Hyperledger

TradeWaltz, Inc. faced the challenge of an over-reliance on slow, analog systems in the global trade industry, which was severely disrupted by the COVID-19 pandemic. Their goal was to digitize trade documentation and processes to improve efficiency, enable remote work, and reduce costs for stakeholders. They partnered with vendor Hyperledger and used its Hyperledger Fabric product to build a secure, blockchain-based platform.

The solution implemented using Hyperledger Fabric created a cross-industry platform that digitized 85-90% of standard trading documents. This resulted in a 47% increase in operational efficiency for users and enabled remote work capabilities. Hyperledger's technology was crucial for ensuring data security and integrity across borders, helping TradeWaltz expand its consortium and user base across five Asia-Pacific economies.

TradeWaltz, Inc