Triterras Inc. announced the launch of a new logistics module on Kratos, its blockchain-enabled, commodity trading and trade finance platform. To build the logistics module, Triterras collaborated with Seven Oceans, a Singapore-based company that creates maritime and shipping software for commercial shipping and fleet management. Through an API connection of Seven Oceans’ data sets to Kratos, the logistics module digitizes key information to enable shipbrokers, operators, and shipowners to do business together—further with their commodity trading partners—within the Triterras marketplace. The module eliminates the redundancies of paper-and-email-based legacy systems, expedites the freight-contracting process, reduces transaction times for shipments, and helps the counterparties to better manage their assets and maximize decision-making. The company does not currently plan to charge an additional fee for users that source logistics services on Kratos but believe that the availability of logistics on Kratos will drive increased Transaction Volume and user growth. As described, the new logistics module advances the Kratos user experience by adding the delivery leg of a global commodities business alongside the platform’s existing trading and finance modules. Earlier, Triterras also launched an Insurance Module in a partnership with Marsh, one of the world’s largest insurance broker, which allowed borrowers to seek and secure trade credit insurance on the platform.