TradeWaltz

About TradeWaltz

TradeWaltz Inc. is a SaaS company that operates a cross-industry trade information sharing platform named "TradeWaltz". The platform is built on blockchain technology to digitize and streamline trade procedures, connecting all participants—from trading companies and banks to insurance and shipping firms—to share information securely and efficiently. It aims to resolve the inefficiencies of traditional paper-based trade by turning documents into verifiable, smart data, which can reduce operational workloads by 44-60%.

The company was established in April 2020, emerging from a cross-industrial consortium founded in 2017 by NTT DATA to explore the application of blockchain in the trade industry. After 3.5 years of development, proofs of concept, and supportive legal reforms in Japan, the technology was commercialized. The firm is an "industry-government-academia All Japan startup" backed by a powerful consortium of investors including NTT DATA, Toyota Tsusho Corporation, Mitsubishi Corporation, MUFG Bank, Tokio Marine & Nichido Fire Insurance Co., Ltd., Sumitomo Corporation, and Marubeni Corporation, among others. The commercial version of the platform was released in April 2022.

TradeWaltz generates revenue through a Software as a Service (SaaS) model, providing its platform to trade practitioners. Its business model leverages a network effect, where the platform's value increases as more users and companies connect. The company targets all players in the trade ecosystem, including trading houses, manufacturers, logistics providers, and financial institutions. The platform's patented blockchain technology, BlockTrace, is designed to handle the data governance requirements of different countries, a key differentiator. TradeWaltz is expanding internationally, connecting with platforms in Singapore (NTP), Thailand (NDTP), Australia, and New Zealand, with the goal of becoming a central hub for global trade information.