Every step of a food trade. One record.
Run every part of a food trade, from first quote to final payment, on one record.
What you get with T57
- ServicesWithout T57: Eight separate providersWith T57: One connected platform
- DetailsWithout T57: Retyped at every stepWith T57: Entered once, shared by all
- StatusWithout T57: Nobody sees the whole tradeWith T57: Every party sees the same facts
TodayWith T57
Finance, escrow and insurance come from licensed partners.
T57 exists to replace the eight separate services a single food trade needs with one connected set of capabilities, all working from the same verified trade record.
The problem
Eight services, eight copies of the deal
A single food trade still needs eight separate services. Someone has to find and check the counterparty, agree the price and terms, arrange finance, protect the payment, insure the cargo, inspect the goods, ship them and clear customs. Today each is bought separately, with its own paperwork and its own view of the deal. Details are retyped, documents drift out of line, and nobody sees the whole trade. That is why banks rejected 41% of SME trade finance applications in 2025 (ADB, January 2026), and why so many good food trades stall between agreement and delivery. The key challenges T57 addresses include:
Disconnected services
Finance, insurance, inspection and logistics providers each work from their own copy of the deal.
Repeated work
The same product, price and party details are typed again and again, and every retyping risks an error.
No single view
Buyers, sellers, lenders and regulators cannot see where a trade stands or trust that its records are complete.
How T57 works for you
Agree → Fund and protect → Deliver → Settle and close
- 01
Agree
Find verified counterparties, compare quotes and turn the accepted quote into a contract.
- 02
Fund and protect
Request finance, escrow, letters of credit and insurance or takaful from licensed partners using the same deal file.
- 03
Deliver
Book inspection, freight and customs through vetted partners and track every milestone.
- 04
Settle and close
Release payment on agreed milestones and keep a full, tamper-evident record of the trade.
Explore
Eight capability groups, one record
Use case · Illustrative example
Indian processor runs an export from quote to payment
A rice processor in Haryana receives an RFQ from a verified Riyadh distributor. It quotes, the distributor accepts, and the contract is generated from the quote. The distributor's bank issues an electronic LC through T57, cargo insurance and pre-shipment inspection are booked from the same record, and a freight partner moves the goods to Jeddah with documents ready for customs. The processor tracks every step in one place and is paid on compliant presentation, without retyping a single detail.
Why T57
We believe that a food trade should be run as one connected process, not eight separate errands.
Connected execution on one record
Every capability reads from and writes to the same verified trade record, so documents match and every party sees the same facts.
Institutional trust
T57 works with the Islamic Organization for Food Security (IOFS) under a 10-year memorandum of understanding. Regulated services are provided by licensed banks, insurers and payment partners.
FAQ
Common questions
Do I have to use every capability on every trade?
No. Members choose the capabilities each trade needs. Because they share one record, adding a service later does not mean starting again.
Who provides finance, payments and insurance?
Licensed partners. T57 does not lend, hold client funds, own goods or provide transport. It provides the verification, workflow and trade record that connect these services.
Can I use T57 for domestic trade as well as exports?
Yes. T57 supports domestic wholesale to supermarkets, HoReCa and institutions, as well as cross-border trade. See domestic B2B trade.
All capabilities
Every capability, one trade record
04
Financing & Capital
- Trade & Supply Chain Finance
- Shariah-Compliant FinanceComing soon
- Asset-Based Fundraising & Tokenization