The Trade Consortium, Which TradeWaltz Inc. Serves as Secretariat, Reaches 100 Companies in The 9 Months Since General Registration Commenced

The Trade Consortium, Which TradeWaltz Inc. Serves as Secretariat, Reaches 100 Companies in The 9 Months Since General Registration Commenced

2022.02.28
Press Release / Important Information

TradeWaltz Inc., which operates the trading-related information-sharing platform known as “TradeWaltz,” is pleased to announce that the number of member companies of the “Consortium for Efficiency and Widespread Trade Information Linkage ” (commonly known as the Trade Consortium), which TradeWaltz Inc. operates as the secretariat, reached a total of 100 companies as of February 28, 2022.

■ A wide range of businesses have joined, bringing the total number of member companies to 100

　The Trade Consortium originated on August 30, 2017. With the aim of realizing the digitalization of trade operations through blockchain technology, the then secretariat NTT Data launched it together with 13 trade operation practitioners which then expanded to 18 companies. The identification of issues related to trade digitalization and the development of the trading-related information-sharing platform “TradeWaltz” through demonstration experiments resulted in the development of the Trade Consortium.

　In April 2021, TradeWaltz Inc. became the new secretariat which resulted in the new Trade Consortium with an aim of promoting the standardization of trade digitalization. Since May 21, 2021, when we announced the launch with 40 companies, 60 additional companies from various business categories including trading companies, manufacturers, banks, insurance companies, logistics companies, shipping companies, IT vendors, public institutions, think tanks, and consulting firms have joined us, bringing the total number of participating companies to 100 as of February 28.

<21 new members> 2021.11.31 ~ 2.28         listed in order of the Japanese writing system

<79 existing members> ~2021.11.31            listed in order of the Japanese writing system

■ Trade Consortium activities

　In the Trade Consortium, in addition to plenary sessions to report on TradeWaltz Inc.’s business and the status of trade digitalization in and out of Japan, the following working groups (WG) of volunteer members are active, and from these WG activities, a study group with the Ministry of Justice for the legal revision of electronic bills of lading, an SAP collaboration project, and a study of shipping company platform collaboration have begun.

■ Regarding member recruitment

　The Trade Consortium will continue to recruit new member companies. We will screen all applications for membership, but if you are interested in becoming a member, please feel free to contact us through the contact information given at the end of this page. There are no admission or annual membership fees.

■About TradeWaltz Inc.

（*1）「TradeWaltz」is a registered trademark in Japan of TradeWaltz Inc. Any other names of products, companies, groups, etc., are names and registered trademarks of their own.

（*2）SaaS stands for Software as a Service. It is a model that makes software available for use over the Internet.

Please direct all inquiries regarding this announcement to TradeWaltz Inc. CEO Office
Rep: Someya and Saito
Email：info@tradewaltz.com