A Modern Alternative to LCs and SWIFT for Global Trade Settlements

Energy · Metals · Agriculture · Industrial · Consumer

Trade Settlement by Smart Contract & Stablecoin

Goods against Payment - Done

Competent Counterparties settle Commercial Contracts directly - without bank intermediation.

  • You retain full control of all accounts and funds — including passwords, wallet IDs, and secure IDs.

  • The only addresses of yours we have are:  your unique identifier, and your address for receipt of funds.

Latitude encrypts and converts your Commercial Contracts into

self-executing Smart Contracts with:

  • LC-like irrevocability and payment guarantee

  • Cancellation only by breach (per industry practice) or mutual consent

  • Optional delegation to insurers and/or arbitrators

  • Stablecoin Settlement - Deep Liquidity & Low Friction Fiat Conversion

The Smart Contract

The smart contract secures the buyer’s payment guarantee against the seller’s release of title, documents, and goods.
Cargo value automatically calculated based on survey and Bill of Lading.
Independent validation of commercial terms by Surveyor, Insurer, Ship’s Master – encrypted and secure.
When all Trade Terms are met, payment exchanged for title, documents, goods.

Guarantee and settlement in stablecoins, such as USDT — fast, reliable transfers, low friction fiat conversion.

Trade Settlement through Latitude Exchange: