Triple Plus

Triple Plus is a decentralized trade finance protocol that connects businesses seeking liquidity from commercial receivables with investors providing capital backed by trade assets. The platform focuses on tokenizing and financing assets such as unpaid invoices, purchase orders, and trade documents through blockchain-based settlement and verification systems. ^[2]

Overview

Triple Plus (TPT) is a decentralized trade finance protocol that uses blockchain infrastructure to connect businesses seeking short-term liquidity with investors providing capital backed by commercial receivables. The protocol is designed to allow businesses to sell assets such as unpaid invoices, purchase orders, and other trade documents at a discount in exchange for immediate funding, while investors receive repayment when those assets mature. Its planned ecosystem includes peer-to-peer over-the-counter (OTC) token trading, an invoice factoring marketplace, supply chain finance, and broader trade finance services, with OTC trading currently live and the other products under development.

The protocol uses smart contracts to manage escrow, settlement, and asset transfers, aiming to increase transparency and automate portions of the trade finance process. Blockchain records are used to track asset submissions, funding events, repayments, and other transactions, while enabling continuous access and fractional participation in trade finance investments. Participants include businesses that submit receivables for financing, investors who provide liquidity, verifiers who validate trade finance assets, and traders who facilitate liquidity for the protocol's native TPT token. Access to different protocol functions requires business or identity verification depending on the participant's role, with TPT tokens used for certain platform functions such as staking and participation. ^[3]

Products

P2P Trading

The P2P Trading platform is the first live product within the Triple Plus (TPT) ecosystem, enabling users to trade TPT tokens directly with one another without relying on a centralized exchange. Users create buy or sell orders by specifying their own price and trade amount, with tokens or stablecoins held in smart contract escrow until another participant accepts the order. Once matched, the transaction is settled automatically on-chain. The platform is intended to provide an initial marketplace for TPT token distribution, liquidity, and price discovery while serving as an entry point to the broader protocol. Trading requires connecting a compatible wallet and completing the platform's verification process. The protocol also incorporates TPT-based trading incentives, while transactions are executed without platform trading fees. ^[6]

Invoice Factoring

The Invoice Factoring marketplace is a planned component of the Triple Plus protocol that allows businesses to obtain immediate liquidity by selling unpaid invoices at a discount, while investors purchase those receivables and receive the full invoice value when the debtor makes payment. Businesses are expected to submit invoices and supporting documentation for verification before listing them on the platform, with investors evaluating opportunities based on factors such as discount rates, payment terms, debtor credit quality, invoice age, and seller history. According to the project's roadmap, the product is targeted for development in the second quarter of 2026.

The protocol is designed to tokenize verified invoices and use blockchain-based smart contracts to manage funding, settlement, and transaction records. Listed invoices must satisfy eligibility requirements, including documentation of the underlying commercial transaction and verification of both the seller and debtor. The platform is intended to support short-duration trade finance investments backed by commercial receivables, with pricing determined by market conditions and the perceived credit risk of each invoice. ^[7]

Supply Chain Finance

The Supply Chain Finance platform is a planned feature of the Triple Plus protocol that is intended to provide financing against verified purchase orders before goods are delivered. Unlike invoice factoring, which finances completed sales after invoices have been issued, this product is designed to help suppliers access working capital earlier in the production cycle to cover expenses such as raw materials, manufacturing, and shipping. The platform is primarily aimed at suppliers serving larger organizations, including manufacturers, small and medium-sized businesses, seasonal businesses, and companies experiencing rapid growth. The proposed workflow involves verifying purchase orders through integrations with corporate procurement and order management systems before suppliers request financing from investors. Once funded, suppliers fulfill the purchase order, the buyer completes payment under the original commercial terms, and investors receive repayment after settlement. Because financing occurs before delivery, the model introduces additional delivery-related risk compared with invoice factoring and requires verification of both purchase orders and buyer commitments through integrated enterprise systems. ^[8]

Trade Finance

The Trade Finance platform is a planned future component of the Triple Plus ecosystem, designed to digitize and automate international trade finance processes using blockchain technology. The proposed platform is designed to replace paper-based instruments such as letters of credit and documentary collections with smart contract-based workflows for cross-border transactions. The platform would target importers, exporters, manufacturers, trading companies, and other participants involved in international supply chains. The proposed system would support digital trade documentation, automated verification of shipping and customs records, and programmable settlement based on predefined transaction conditions. It is also intended to integrate with banks, logistics providers, customs authorities, and freight operators to coordinate the movement of goods and payments through a shared digital workflow. The project describes this product as a long-term expansion that would build upon the infrastructure developed for its invoice factoring and supply chain finance services. ^[9]

TPT

TPT is the native utility token of the TPT Protocol and is used to support platform operations, participant incentives, and future governance functions. The token currently provides access to investor features through staking, discounted fee payments, and rewards for participating in P2P trading. Future functionality is expected to include governance participation, allowing token holders to vote on protocol parameters. Additional proposed uses include providing investors with platform access and fee benefits, enabling traders to earn rewards through marketplace activity, and offering businesses potential advantages such as reduced fees and input into seller-focused features. ^[10]