Platform Overview
Skyocean is global trade finance infrastructure that combines a trade data platform with physical export. It buys goods from producers, ships them in its own name and owns them until the buyer pays, and its platform verifies every shipment end to end, with the OriginTrail Decentralized Knowledge Graph as its verification layer. This lets lenders extend trade finance to underserved merchants, with the cargo as collateral, not just the receivable, wherever Skyocean has a company.
A new asset class for trade lenders
Banks lend against a buyer’s promise to pay. Where they cannot judge the buyer or the country, they do not lend. Skyocean gives a lender more to lend against: the cargo itself, not just the buyer’s promise to pay.
A lender’s claim attaches to named cargoes, not to a pool or a vehicle. Each cargo a facility funds is allocated to that facility in the record, with its own documents, shipment and payment.
The protections come in layers:
- Title until paid. Skyocean buys the goods and ships them consigned to its own company, so the buyer receives them only after paying.
- Insurance. The cargo is insured with the lender as loss payee.
- A second buyer. If the buyer does not pay, the goods are still Skyocean’s and are sold to another buyer, with the proceeds paid into the account the lender controls.
- The audit record. Every document, port and customs event and payment on that cargo is recorded as it happens and open to the lender from first document to settlement.
The borrower is the Skyocean company in the lender’s own jurisdiction, under its law, so the model extends wherever Skyocean has a company.
Core Components
Trade Platform
- Trade platform: Direct access to global trade, with Skyocean as principal
- Trade finance: Institutional trade-finance facilities. A retail participation layer is planned as Phase 2, once the company holds the EU authorisation it requires. Nothing is offered to individuals before then.
- Verified documentation: Trade documents automatically cross-checked and verified against independent sources
Verification and Data
- Knowledge graph: OriginTrail V10 Decentralized Knowledge Graph as the verification layer
- Data standards: Compliance with GS1, EPCIS, and international trade standards
- Supply chain visibility: End-to-end tracking and independent verification
Platform Infrastructure
- Convergence engine: Deterministic 15-axis cross-checking of trade documents against each other and against independent third-party attestations
- Audit record: A machine-verifiable record of every trade, published as Knowledge Assets to the public knowledge graph
- Deterministic verification: Trade documents cross-checked against independent third-party attestations, with cryptographic hashes recorded for each verified document
Platform Benefits
For Merchants
- Reduced barriers to entry in global trade
- Access to trade finance opportunities
- Streamlined documentation processes
- Real-time shipment tracking
- Automated compliance verification
For Financiers
- Fund real, self-consigned commodity trades, verified end to end
- Transparent, auditable trade records
- Diversification across multiple trades
- Real-time tracking of financed trades
- A retail participation layer is planned as Phase 2, once the company holds the EU authorisation it requires. Nothing is offered to individuals before then.
Technology Stack
- Frontend: React.js
- Backend: Node.js services
- Knowledge Graph: OriginTrail DKG V10
- Documentation: GS1/EPCIS Standards
Current Stage
Skyocean has validated its Proof of Concept and completed its MVP. The platform is production ready, and the reference audits SIM-006 and SIM-005 are trades run through it to completion, SIM-006 with the capital leg in the record. Capital puts it to work: each funded trade runs on it in production, anchored to mainnet. Two corridors are ready to operate, Sudan and Ghana, with additional corridors in development.
Corridors
- Sudan corridor: the flagship corridor, under a bilateral Memorandum of Understanding with the Government of Sudan (signed 2 April 2026). The MOU establishes corridor recognition for the import of food, medicine, and essential goods into Sudan, with Skyocean financing and originating trades through approved supply origins. Local-currency settlement is structured through approved channels, with downstream commodity arrangements producing hard-currency receivables on the export leg. The MOU defines an initial scope around food security and humanitarian categories: lentils, milk powder, sunflower oil, wheat flour, medicines, agricultural machinery, and road construction equipment. That scope is open to expansion by mutual agreement.
- Ghana corridor: anchored by Skyocean Ghana, operating since 2020, focused on SME-accessible trade finance through self-consignment-backed CAD terms.
Development Focus
- Supply chain integration with DKG V10
- Platform UI/UX refinement
- Merchant onboarding systems
- Documentation automation
Future Roadmap (Indicative)
- Next: funded trades in production, anchored to mainnet, in the Sudan and Ghana corridors
- Then: commercial attestor onboarding (carriers, inspectors, insurers and terminal operators) and corridors beyond Sudan and Ghana
- 2027: Regional expansion and partner integrations