Every container, a verifiable digital asset.
Ragtrail already turns each container into a verified, fingerprinted trade record. The next step is to let that record be financed and transferred as a token, so suppliers get paid sooner and buyers can fund stock in transit. This page explains how, and what exists today. Exploratory
40' HC · Credential clothing
- Route
- Felixstowe → Karachi
- Net weight
- 25,000 kg
- Seller
- KYB ✓
- Buyer
- KYB ✓
- Bill of lading
- linked
- Status
- Verified trade
sha256 07f6d746eca1dca7a20ce2604e700309aaab69036e498a4459caf5b798bfd800
Illustration. No tokens have been issued.
The lifecycle of a container token
Verified trade
Seller and buyer pass KYB. A trade record is opened with the agreed spec, price, terms and route.
RT-2026-0001 · KYB both sides ✓
Fingerprinted documents
Invoice, packing list, weighbridge ticket, loading evidence and the bill of lading are each hashed (SHA-256). Any change is detectable.
7 documents · fingerprint 07f6d7…
Token issued
A digital token is issued on a permissioned ledger, linked one-to-one to the container, its documents and its bill of lading. One container, one token.
Token RTC-0001 · 25,000 kg · CIF Karachi
Financed in transit
A licensed financier advances funds against the token while the goods are at sea, so the supplier can be paid earlier and the buyer can defer.
Advance 70% · tenor 45 days
Title transfers
On payment, control of the token, and with it the right to the goods, moves to the buyer, in step with release of the bill of lading.
Controller: Karachi Sort Co
Settled and closed
When the container is delivered, sorted and paid, the token is redeemed and closed. Its history stays as an audit trail.
Status: redeemed · audit trail kept
Trade finance for a trade that rarely gets any.
Secondhand clothing is a cash-in-advance business. Suppliers want paying before the box sails, buyers pay deposits weeks before they can sell a kilo, and banks rarely lend against a container of used textiles from a counterparty they can't verify. A verified, fingerprinted, transferable record changes what a lender is looking at.
Suppliers
Paid sooner
A financier can pay against the token at loading, instead of waiting for the buyer's balance.
Sorters
Stock financed in transit
Smaller deposits, and working capital that isn't locked up for the five or six weeks a box is at sea.
Financiers
A real, verified asset
Short-tenor, goods-backed exposure with KYB on both sides, inspection evidence and a tamper-evident document trail.
The groundwork is live in the Ragtrail Portal.
- Every container has a verified trade record linking both KYB-checked parties.
- Every document uploaded is fingerprinted with SHA-256 when it arrives.
- Each trade has a record fingerprint that changes if any detail or document changes.
- The full record can be exported as machine-readable JSON, ready for a ledger or a lender.
We are clear about the line.
- No tokens have been issued.
- No investment, deposit or financing product is offered on this website.
- No ledger or blockchain has been selected.
- Any future product will run only through appropriately licensed partners, in each jurisdiction involved.
Built on frameworks that are already arriving.
- Electronic trade documents
- The UK Electronic Trade Documents Act 2023 recognises electronic bills of lading and similar documents, based on the UNCITRAL Model Law on Electronic Transferable Records (MLETR).
- Pakistan
- Pakistan has introduced a virtual-assets framework with a dedicated regulator (PVARA). Any token would need to sit inside it.
- United Kingdom
- Cryptoasset activity and financial promotions are regulated by the FCA. This page is information only and is not a financial promotion.
- Other origin markets
- US, Canadian and Australian rules would apply to suppliers and financiers there.
Financiers, banks and trade counterparties: talk to us early.
We are speaking to lenders and partners about pilots. Tell us who you are and what you would want to see.
Important: this page describes a planned capability. It is not an offer or solicitation to buy or sell any security, investment or cryptoasset, and nothing here is financial advice.