Secure Trade Platform

Appearance

SecureTrade Applications ​

The SecureTrade Platform provides a comprehensive trade finance solution through PayPledge agreements, enabling secure transactions between buyers and sellers with robust collateral backing and dispute resolution mechanisms.

PayPledge Workflow Overview ​

Core User Flow ​

1. Wallet Pre-generation & Funding ​

  • Email Registration: Users register with email addresses
  • Wallet Generation: System automatically generates private and public safe addresses
  • Token Funding: Wallets can be funded with collateral tokens and ETH
  • Email Authentication: Secure email-based login and wallet access

2. PayPledge Request & Response Process ​

  • Seller Request: Traders acting as sellers can request PayPledges from trader wallet addresses
  • Email Notification: System sends secure email links to traders
  • Buyer Access: Traders acting as buyers sign up/login with email to access their funded wallet
  • PayPledge Issuance: Traders acting as buyers can issue PayPledges based on seller requests

3. PayPledge Lifecycle Management ​

  • Draft → Initiated → Contingent → Effective → Discharging → Discharged
  • Performance Conditions: Traders acting as sellers can set and fulfill performance requirements
  • Dispute Resolution: Automated mechanisms for handling disputes
  • Settlement: Both on-chain and off-chain settlement options

Platform Architecture ​

The platform consists of three main applications:

  • SecureTrade Trader: Main interface for traders
  • SecureTrade Underwriter: Credit management and risk assessment
  • SecureTrade Resolver: Dispute resolution and lifecycle management

Private Network Security ​

  • Private SAFE Contracts: Multi-signature wallet functionality for enhanced security
  • Trade-Private Token Contracts: User specific tokens on the private network with ERC-3643 compliance

Learn more ​

  • Traders: Trader user stories and interactions (covers both buyer and seller perspectives)
  • Underwriter: Underwriter responsibilities and workflows
  • Resolver: Resolver dispute resolution and management processes
  • Workflow: Explore the end-to-end user journey, including paypledge initiation, collateralization, underwriting, and settlement