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We simplify complex international trade deals.

Businesses seeking to develop new markets, increase sales & export more often use the following trade practices: Barter, Buyback, Clearing Arrangement, Compensation, Counterpurchase, Direct & Indirect Offsets, Switch trading & Tolling.

Our digital ecosystem connects disparate digital platforms to streamline your experience & further enhances your international sales opportunities, lowers risk & reduces costs.

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power of Barter

Barter Trade Deals

In Barter, the goods and/or services are exchanged with other goods and/or services of equal value, where little or no money is paid by the buyer. This is the only trade activity with no money involved. Barter involves a single contract that covers both transaction flows.

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The power of Buyback

Buyback Trade Deals

Under the buyback agreement, the seller supplies plant, equipment or technology and agrees to buy goods produced with that plant, or equipment as payment. Typically, the Buyback deals are of much longer term and also of larger amounts. The seller of equipment can receive a part of the payment in the shape of products produced by that equipment and the remaining amount in the shape of cash.

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Ability to balance overseas trade without trade wars

Clearing Arrangements

This type of trading is between two or more than two countries in the shape of an agreement, under which agreed volume of goods are imported and exported over a specific time period without the payment of foreign currencies. At the end of the agreed time period, the balance is settled in an agreed foreign currency for example US Dollars.

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The value of Compensation

Compensation Trade Deals

General Motors Corporation sold $ 12 million worth of locomotive and diesel engines to Yugoslavia and took cash and $4 million in Yugoslavian cutting tools as payment. McDonnell Douglas agreed to a compensation deal with Thailand for eight top of the range F /A – 18 strike aircraft. Thailand agreed to pay $578 million of the total cost in cash, and McDonnell Douglas agreed to accept $93 million in a mixed bag of goods including Thai rubber, ceramics, furniture, frozen chicken and canned fruit.

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How to balance overseas trade without any trade wars

Counterpurchase

In counter purchase agreement seller receives the full amount in cash, but agrees to spend an equal amount of money in that country within a given time. In contrast to bartering, both parties pay for their purchases in cash but agree to fulfill their counter commitments. At the same time, transactions do not become part of a single contract, but are entered into two different contracts. Counter purchase is also called “Parallel Trading” or “Parallel Barter”.

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Benefits of Offsets

Direct/Indirect Offset

Offset is the type of countertrade, which is mostly related to very high value of exports and/or medium to high technology capital goods supplied by a multinational corporations or a major manufacturer. It may be in many forms such as coproduction, license production, subcontractor production, technology transfer, overseas investment, research and development, technical assistance and training, or patent agreements etc.

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Benefits of Switch Trading

Switch trading

In a typical switch trade transaction a switch dealer or trader is involved. If we again take the above example, the switch dealer will pay the Polish exporter in hard currency less the switch dealer’s fee (dis-agio). The switch trader will find a German company, which will buy processed food from Greece importer and pay the switch trader in Euros. The following diagram will make the example clearer.

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The Benefits of Tolling

Tolling

In tolling, the seller supplies raw material and receives finished goods produced from this raw material as payment from the buyer. Here also the seller can receive the payment partially in finished goods and partially in cash. Typically, the tolling is more popular among the industries, where the finished good is also commodity. For example: crude oil converted to petroleum products.

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Identity on Blockchain

AliasIDentity Name Service™

AliasID™ is your personalized name, phrase & address distributed across the global Alias Identity Name Service (we've built)

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Email: partner@shopxing.io to signup.

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Connection to anything

Application Programming Interfaces (APIs)

The trend by government globally is to implement Single Window Systems to make the process of exporting and importing goods more efficient at reduced costs. Shopxing's ecosystem is designed with this in mind and has the ability to interact with every platform's API.

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The Master Blockchain/Sidechain

Connectivity to & interaction with every major blockchain

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Connection to anything

B2B Marketplace

Businesses seeking to trade internationally face many issues. We've gather research from active and asipiring businesses. Our marketplace addresses ALL of the common concerns.

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autonomous control

Artificially Intelligent Smart Contracts

Artificially Intelligent Smart Contracts created on the fly in real-time control the transaction flow.

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Autonomous Tribunal System

Artificially intelligent Judge & Jury

Our process is designed to minimize conflict. In the event of a dispute, the petitioner can rest assured that because the system has access to immutable data, the right decision will be made everytime.

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Team of Innovators Team

Managed by a team of leading experts in global trade, ecommerce, trade finance, sidechain/distributed ledger technology & AI; SHOPXING has the strong foundation to be the driving force in the market.

Matthew C. James
Founder/Chairman

Waylon Dalton

CEO & Lead Blockchain

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HTML5
85%
CSS3
90%
Java
75%
team
Vladimir Lebedev
CTO
team

Stefan Harary

CTO & Senior Developer

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HTML5
85%
CSS3
90%
Java
75%
team
Norm Mui
CFO/Business Development
team

Gabriel Bernal

Community Management

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HTML5
85%
CSS3
90%
Java
75%
team
James King III
VP Business Development
team

Moises Teare

Blochain App Developer

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HTML5
85%
CSS3
90%
Java
75%

Advisors

team
Brett Noyes
Business Advisor
team

Dylan Finch

Board Advisor

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HTML5
85%
CSS3
90%
Java
75%
team
Eugene Kim
Legal Advisor
team

Julian Paten

Board Advisor

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HTML5
85%
CSS3
90%
Java
75%
team
@VirtualGrowth
Crypto Advisor
team

Jaxon Kilburn

Board Advisor

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HTML5
85%
CSS3
90%
Java
75%

Contact SHOPXING Contact

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