Stablecoin settlement for commodities. Paid per shipment.
Pay for oil, gas and commodity cargoes per shipment and per milestone. Release on a bill of lading or an inspection, and keep volumes, prices and counterparties confidential.
Every cargo is a trust problem. Every shipment is a milestone.
Commodity deals are large, cross-border and spread over many shipments. Letters of credit protect each side, but they are slow to arrange and costly to run shipment after shipment.
A Portafino smart agreement turns each shipment into a milestone. The buyer locks the funds, and each cargo's share releases when the agreed document or inspection result is in. If a cargo arrives short, the two sides split that milestone instead of disputing the whole contract.
With the Silent Data privacy layer, volumes, prices and counterparties stay confidential, while each settlement stays provable to auditors.
Built for shipments, not single payments.
Release on documents
Each milestone releases on a bill of lading, an inspection report or other evidence both sides agreed.
Splits for short cargo
When a cargo arrives short, either side proposes a split from 0% to 100% of that milestone.
Confidential terms
Volumes, prices and counterparties sealed with Silent Data, built with Applied Blockchain.
What traders ask first.
Does this replace a letter of credit?
It's an alternative where a letter of credit is slow or costly for the size of the shipment. Your contracts and counterparties decide which fits, and we can walk through it on a demo.
Who holds the funds?
Neither Portafino nor either party alone. Licensed partners handle payments, custody and conversion, and funds release only on verified performance or a ruling.
Who can see the deal terms?
Only the parties to the agreement. Silent Data seals terms, amounts and parties in hardware, and integrity proofs are posted publicly so settlement stays verifiable.
What if the parties can't agree on a split?
AI arbitration decides, and its ruling is final. Until then, the milestone's funds stay locked.
Which currencies are supported?
Fund from fiat through a licensed on-ramp partner or from an existing stablecoin balance. Settlement uses USDC, USDT, EURC or BILS.
Settle your next cargo per shipment.
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