How Vepact Structures Cross-Border B2B Trade

Every party in a Vepact transaction is a participant with a verified identity and a defined role. Five participant roles form the platform.

• Buyer — a business purchasing goods across borders. Initiates a request, negotiates terms with a Seller, and receives verified goods against verified payment stages.
• Seller — a business supplying goods across borders. Receives requests, negotiates terms with a Buyer, produces or sources the goods, and receives staged payment against verified States.
• Inspector — an independent quality-control participant. Performs Factory QC (facility-level verification) or Goods QC (per-order shipment verification). Inspection findings become part of the transaction record.
• Custodian — an independent, licensed financial party that holds and releases funds according to verified transaction states. Vepact never holds customer funds.
• SalesRep — an independent representative who introduces buyers to the Vepact platform. Earns commission from verified transactions attributed to their introduction.

Vepact treats every participant in a cross-border trade as a Deployable Intelligence — a persistent identity with participation history and a clearly-defined role.

A DI can be of four kinds:

• Human DI — an individual acting in a defined trade role (Buyer, Seller, Inspector, SalesRep).
• Digital DI — AI systems, agents, and automated services that participate in the network.
• Physical DI — robots and other physical execution intelligence.
• Product DI — physical items with unique identifiers. Each physical item has a unique digital identity, creating item-level traceability across the transaction lifecycle.

Each DI has a persistent identity within Vepact and accumulates verified activity history over time. This history becomes the foundation for trust, matching, and orchestration across the Vepact network.

Verification is how Vepact establishes that a claim about a transaction is factual. Every material claim — an identity, a specification, a production capacity, a shipment, an inspection outcome — is anchored to evidence and verified by an independent participant.

The Verified Execution Record that results is the foundation of trust across the Vepact network. Verification is not a marketing badge — it is a structured, auditable process that produces evidence a counterparty can rely on.

Every Vepact transaction progresses through a series of contractually-defined stages, called States. Each State represents a specific condition of the transaction: what has been agreed, what has been verified, what has been delivered.

A transaction typically involves between 3 and 6 States, negotiated between Buyer and Seller as part of the Proforma Invoice (PI). Each State has clearly-defined requirements — evidence, verification, or delivery — that must be satisfied before the transaction advances.

This structured progression ensures both parties share the same understanding of where a transaction stands at any moment.

Execution is the coordinated advancement of a transaction through its States. As each State is satisfied — through evidence, verification, or delivery — the transaction moves forward. The record of each State transition becomes part of the permanent transaction history.

Vepact coordinates execution but does not itself act as a party to the trade. Buyer and Seller remain the commercial counterparties; Vepact provides the verified framework within which they transact.

Settlement is the release of funds from Buyer to Seller against verified transaction states. Vepact does not hold or move funds directly. Instead, funds are held by an independent, licensed Custodian who releases them according to verified State conditions when verified conditions are met.

This separation — Vepact instructs, Custodian executes — is a deliberate structural choice. It keeps Vepact outside the regulated boundary of holding client money while providing the Buyer and Seller with structured, verifiable payment coordination.

Vepact Ltd is registered in England and Wales (Company No. 17388068), with a registered office in London. All commercial activity operates under UK law and Companies Act 2006 statutory disclosure requirements.

Vepact does not hold customer funds. Vepact does not act as a bank, insurer, factor, or trade finance provider. Vepact operates as a verification and orchestration layer over independent licensed custodians who handle regulated financial activity.

This structural boundary — Vepact instructs, third parties execute — keeps Vepact outside regulated financial activity while providing structured, verifiable commercial coordination to its participants.