TradeWaltz and WaveBL Sign Platform Integration Agreement to Expand Digital Trade Connectivity in the Japanese Market

TradeWaltz Inc. (Headquarters: Minato-ku, Tokyo; President and CEO: Takahiro Sato; hereinafter referred to as "TradeWaltz"), operator of the trade information integration platform "TradeWaltz®", and WaveBL (OGY DOCS Inc.; CEO: Noam Rosenfeld; hereinafter referred to as "WaveBL") are pleased to announce the integration of their platforms for the digitization and seamless data exchange of trade documents. This agreement marks a significant step in expanding digital trade finance connectivity into the Japanese market.

This integration will provide TradeWaltz platform users with access to WaveBL's global network of carriers, banks, and corporations by enabling them to utilize electronic structured bank presentation documents and electronic Bills of Lading (eBLs) issued on the WaveBL platform. This will facilitate the complete digital presentation of trade finance documents for Letter of Credit (LC) and documentary collection transactions.

TradeWaltz is supported by a consortium of major domestic stakeholders, including Japan's three megabanks, and plays a pivotal role in Japan's global trade finance landscape. This collaboration presents an excellent opportunity to connect WaveBL's global network with one of the world's leading banking ecosystems.

By connecting the two platforms, WaveBL users will gain expanded access to Japanese banks and corporations, while TradeWaltz participants will be able to join WaveBL's growing global network of carriers, forwarders, and customers already active on the platform.

Comment from WaveBL CEO Noam Rosenfeld

"This agreement represents a significant step forward in expanding digital trade connectivity to Japan. Our collaboration with TradeWaltz provides access to a strategically important banking ecosystem, enabling us to support the transition to digital trade finance workflows in a key global market."

Comment from TradeWaltz President and CEO Takahiro Sato

"This system integration with WaveBL will not only accelerate the digitization of trade documents in a secure and efficient manner in Japan and global markets, but it also marks a solid first step towards the advancement of trade settlement utilizing blockchain technology and the standardization of next-generation trade finance. By connecting our platform with WaveBL's network, our users will be able to seamlessly participate in the broader global trade and finance ecosystem while maintaining the highest standards of security and compliance. We will continue to lead the social implementation of blockchain with a high-level perspective, building the global standards of the future."

Integration Overview

This integration is designed to enable secure, efficient, and compliant digital document exchange between platforms. It will allow banks and corporations to streamline their trade finance workflows, reduce reliance on paper-based processes, and accelerate transaction processing times.

About WaveBL

WaveBL is a leading company providing blockchain-based digital document solutions for global trade. Its platform enables the secure issuance, transfer, and delivery of trade documents, including electronic Bills of Lading (eBLs), ensuring legal compliance and global acceptance. WaveBL is utilized by seven of the world's top 12 ocean carriers and is recognized as a leader in the adoption of eBLs in the container shipping industry. Since 2019, it has been approved and certified by the International Group of P&I Clubs (IGP&I) and is working to build an open, interoperable network that supports the next generation of paperless trade.

About TradeWaltz (https://www.tradewaltz.com)

TradeWaltz Inc. operates and provides "TradeWaltz," a trade information integration platform that allows for the centralized management of trade-related information in electronic data format. The service was commercialized after approximately four years of system development, technical demonstrations, legislative proposal support, and business conceptualization by a trade consortium comprising NTT DATA and 18 major trade practitioners.

<Investing Companies>

NTT DATA Corporation, Toyota Tsusho Corporation, University of Tokyo Incubation Platform Development Co., Ltd., Sumitomo Corporation, Mitsubishi Corporation, TW Link Co., Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Sumitomo Mitsui Banking Corporation, Toyoshima Corporation, Kamigumi Co., Ltd., FUJI TRANS CORPORATION, Mitsui-Soko Holdings Co., Ltd., NISSIN CORPORATION, The Mitsubishi UFJ Bank, Ltd., Marubeni Corporation, Mitsubishi Logistics Corporation, Mizuho Bank, Ltd., Sompo Japan Insurance Inc.

Contact for Inquiries

WaveBL: Boaz Lessem [email protected]

TradeWaltz Inc.: Public Relations Contact: Kikuchi, Masuda Email: [email protected]