What is TradeTrust?
TradeTrust is a framework that is built using Open Attestation framework as its base and as a collaborative work between IMDA and Govtechsg.
TradeTrust comprises globally-accepted standards that connect governments and businesses to a public blockchain to enable trusted interoperability of electronic trade documents across digital platforms and it is offered as a digital utility.
![](/docs/topics/introduction/what-is-tradetrust/key-components-tradetrust.jpeg)
TradeTrust's 3 Key Functionalities: Authenticity, Source & Title Ownership for Trade Documents
TradeTrust is designed to provide industry the means to verify the authenticity and source of a document, as well as to create Electronic Transferable Records (ETRs) that are functionally equivalent to their paper versions (e.g. able to effect title transfers)
![](/docs/topics/introduction/what-is-tradetrust/3-functionalities.png)
TradeTrust Design Principles
![](/docs/topics/introduction/what-is-tradetrust/tradetrust-design-principles.png)