Trade agreement
Upon receiving trade applications from partnered banks, Voy Finance converts them into a digital format and securely stores them on the blockchain. These trade applications contain comprehensive information about the buyers, sellers, and the nature of the trade. In addition to the trade application, the partnered banks provide all the requisite documents necessary to verify the authenticity of the trade. Based on the credibility of the parties involved and the type of trade, an ESG score is assigned, evaluating the environmental, social, and governance factors. This scoring process helps establish the level of sustainability and responsibility associated with the trade, providing valuable insights for decision-making and risk assessment within the Voy Finance ecosystem.
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