
Developers

Foundational Standards
The ICC Digital Standards Initiative recognises the importance of foundational standards for electronic trade documentation developed by the International Standards Organization. (ISO).

Identity
The production and distribution of goods and services are increasingly organised in global value chains supported by electronic communication. A cornerstone of engagement between different supply chain component parts is the efficient and effective identification of subjects and objects. Transferring a document from one supplier to another or enabling visibility of goods travelling through a supply chain requires the use of identity standards.
The ICC Identity Management guide provides business leaders and policymakers with an extensive overview of the identity landscape.

Unique document creation and validation
Trade and supply chain processes are paper heavy with various different forms of documentation being transferred between different companies and government agencies. Trade documentation can be categorised into 2 groups:
The first is transferable documents. Trade documents that entitle the holder to claim the performance of an obligation or ownership (e.g. bills of lading, bills of exchange, etc.). The second group is normal documents, Other non-transferable trade documents that do not confer ownership (e.g. invoices, packing list, certificate of origin, etc.)
Lack of legal certainty on the use electronic transferable documents is one of the main reasons for limited success in digitalising trade documentation. Ensuring the trusted and reliable exchange of digital documentation between parties requires a mechanism that is platform-agnostic and guarantees integrity, singularity and control.

Electronic Title Documentation
Trading around the world is enabled through a range of document types, including bills of exchange and bills of lading. A person in possession of a document of title can receive, hold, sell or otherwise dispose of the document and the goods described in it.

Uniform rules for digital trade transactions
The International Chamber of Commerce’s Uniform Rules for Digital Trade Transactions (URDTT) is a high-level framework for rules and obligations covering the use of electronic records to process digital trade transactions.