info@teektaka.com

Driving Change in the Global Economy

Promoting labour standards is not only good for business but shares the benefits of trade with some of the most disadvantaged people in the world. Whether you’re a buyer, supplier or finance provider, find out how you can start driving sustainable change.

Changing How The Global Economy Works

Promoting labour standards is not only good for business but shares the benefits of trade with some of the most disadvantaged people in the world.

PIONEERING TECHNOLOGY

TEEK TAKA is a digital platform that leverages the power of blockchain and trade financing to transform global supply chain practices.

We know that reward systems and incentives help to achieve positive, long-term behavioural change. That's why we help suppliers in developing markets access cheaper and faster financing in return for participating in a system of ethical supply chain transparency. Our distributed ledger links the supply chain from end to end: from factory certifications to shipment tracking to order delivery. The system holds smart contracts and code-enabled invoices that promptly release payment once pre-determined criteria is met.

PIONEERING TECH

TEEK TAKA is a digital platform that leverages the power of blockchain technology and trade financing to transform global supply chain practices.

We know that reward systems and incentives help to achieve positive, long-term behavioural change. That's why we help suppliers in developing markets access cheaper and faster financing in return for participating in a system of ethical supply chain transparency. Our distributed ledger links the supply chain from end to end: from factory certifications to shipment tracking to order delivery. The system holds smart contracts and code-enabled invoices that promptly release payment once pre-determined criteria is met.

TRANSPARENCY

Our platform provides unparalleled transparency and security by verifying and permanently documenting every record on the system.

COLLABORATION

We enable collaboration between buyers, suppliers, workers and banks, allowing all stakeholders greater visibility and control.

SECURITY

By utilizing cryptography, our platform enables each participant on the network to use the ledger in the securest way possible.

TRUST

We authenticate key labour standards whilst tackling counterfeits for greater trust and integrity in the global supply chain.

BUYERS

We work with buyers who are serious about improving supply chain transparency and achieving sustainable sourcing goals. TEEK TAKA helps buyers:
  • Source ethical, certified suppliers for greater supply chain integrity
  • Substantiate CSR claims with data gathered across the supply chain
  • Manage and track the entire trade process from order to payment on a single, integrated platform
  • Incentivize suppliers to comply with international labour standards
  • Promote well-being, decent work and economic growth
  • Improve supplier relationships by enabling faster invoice payment
  • Protect brand reputation by addressing potential workers rights violations before they occur
  • Mitigate risks and manage business disruption more effectively.

SUPPLIERS

Compliance with international labour standards makes your business more profitable but we know this can come at a cost that is not always rewarded with tangible benefits. Our platform:
  • Cross checks your compliance against various audit databases
  • Records and verifies your certification data on the blockchain
  • Helps you meet international labour standards and attract buyers
  • Demonstrates your commitment to improving working conditions
  • Rewards your efforts with immediate access to working capital
  • Overcomes late payment challenges and liquidity risks
  • Provides Islamic financing options with zero interest
  • Offers access to a steady and predictable source of funds critical for your business development.

SUPPLIERS

Compliance with international labour standards makes your business more profitable but we know this can come at a cost that is not always rewarded with tangible benefits. Our platform:
  • Cross checks your compliance against various audit databases
  • Records and verifies your certification data on the blockchain
  • Helps you meet international labour standards and attract buyers
  • Demonstrates your commitment to improving working conditions
  • Rewards your efforts with immediate access to working capital
  • Overcomes late payment challenges and liquidity risks
  • Provides Islamic financing options with zero interest
  • Offers access to a steady and predictable source of funds critical for your business development.

BANKS

Historically inundated with paper trails and inefficiencies, TEEK TAKA addresses the critical challenges of today’s trade finance ecosystem. Our platform:
  • Manages the entire trade process from order to payment on a single, integrated platform
  • Reduces reliance on manual processes by digitizing key processes
  • Tracks & traces invoices to speed up document turnaround
  • Identifies ethical investment opportunities & new revenue streams
  • Enables regulatory compliance by better oversight of transactions
  • Reduces Know Your Customer (KYC) due diligence costs
  • Offers visibility of critical sustainability data from all trading parties
  • Advances trade to improve the livelihood and economic conditions of those in the developing world.