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Concept & legal working tool as of 29 Oct 2026 — not an operating bank, exchange or financial advice. Proposed roles are not agreed or approved.

Trade finance pilot (concept)

Two mirrored lanes. Documents first, tokens second.

Kazakhstan meat → Viet Nam and Viet Nam seafood → Kazakhstan. Minting a token does not transfer title.

Vietjet's participation and any legal effect of a cargo token are NOT approved or agreed. Both are open hypotheses.

Lane A · Kazakhstan meat → Viet Nam

Lane B · Viet Nam seafood → Kazakhstan

Step 1

Purchase / sale contract

Documents: Signed contract, Incoterms, governing law

Hard-stop: Stop if counterparty fails KYC/sanctions.

Go conditions

  • ✓ Written credit approval and security perfection opinion.
  • ✓ Independent verifier engaged with liability cover.
  • ✓ Clean sanctions, SPS and customs checks for the lane.
  • ✓ Carrier consent in writing if a carrier is named.

No-go conditions

  • ✕ Token marketed as title or as an investment to retail.
  • ✕ Any unresolved double-pledge or fraud flag.
  • ✕ Token classification under Resolution 05 unclear.
  • ✕ Partner role presented as agreed without signature.