Origination
Commercial terms and participants define the transaction.
A shared execution state for physical trade.
Mercaturis connects commercial terms, evidence and physical events without replacing the systems each participant already uses.
TRANSACTION OBJECT
The trade itself becomes the system of record.
One durable object carries the state of the transaction across organizational boundaries.
Copper Cathodes
Kazakhstan United Arab Emirates
- Commercial terms
- Structured
- Inspection evidence
- Verified
- Shipping evidence
- Pending
- Settlement readiness
- Conditional
EXECUTION STATE
Events, not tasks.
Structuring
Terms become a permissioned transaction object.
Verification
Evidence attaches to obligations and execution conditions.
Physical execution
Independent parties confirm the milestones they own.
Finance & settlement
Verified progress supports the movement of capital.
STATE TRANSITION / SHIPMENT READY
The next state opens only when its evidence is complete.
Requirements belong to different organizations, but resolve into one observable transaction condition.
Vessel nominated Trader
Cargo available Supplier
Inspection certificate Inspector
INTEROPERABILITY
Between systems.
Across companies.
ERP, email and documentsMercaturis transaction stateBanks and service providers
See how transaction history compounds into network trust.
Explore the network