Later this month, Cargodian will appear at the IHK Trade and Connect- Summer Edition 2022 to present our new digital compliance service, Trustnet.Trade.
In 2021, Germany passed the Supply Chain Due Diligence Act. This legislation imposes a due diligence obligation on companies that operate in Germany to meet the standards outlined in the United Nations Guiding Principles on Business and Human Rights with the aim of fighting human rights violations and environmental degradation. Cargodian developed Trustnet.Trade in response to this law to provide monitoring, certification, and auditing services for businesses.
Trustnet.Trade is a digital B2B platform that will establish a network of audited and certified companies that comply with the Supply Chain Sourcing Act. The platform is designed to limit the amount of times companies need to audit a supplier or be audited themselves.
Cargodian launched in February 2021 with our premier product, Cargodian.Trade. Our highly secure digital platform employs proprietary blockchain technology to provide a secure digital platform for B2B mercantile trade payments. We make these payments fast and affordable by providing a digital alternative to traditional letters of credit. Trustnet.Trade is the next step we are taking to make global trade more sustainable.
On July 21, 2022, IHK Munich and Upper Bavaria will bring together service providers in foreign trade from across the region for networking opportunities and specialist lectures on relevant topics in international business. Experts from the German Chambers of Commerce Abroad will be available for individual consultations throughout the day.
This is the first time IHK Trade & Connect—Summer Edition will be held since before the COVID-19 pandemic. Formerly called “Bavarian Export Day,” Trade & Connect has been bringing together German entrepreneurs, foreign chambers of commerce, and foreign trade service providers for over a decade. The event combines all the benefits of a trade fair, a conference, and a networking event into a single day.
If you are interested in learning more about how Trustnet.Trade can make international trade easier for your business, join us at IHK Trade & Connect—Summer Edition 2022 in Munich this month. For more information and to register, view the event listing at IHK Munich and Upper Bavaria.
