How a trade moves

One crop, from the farm to the buyer's money, with the screen each step happens on.

 Farm ─▶ Warehouse intake ─▶ Receipt ─▶ Market order ─▶ Trip ─▶ Delivery ─▶ Settlement
           (lot minted)     (payout)    (escrow)     (gate pass,          (tokens burned,
                                                      border)              money released)

1. Expected at the gate

The trade desk or warehouse records an expected consignment: what is coming, how much, from whom, by when (Warehouse → Inbound). It is Expected until it arrives, or Cancelled.

2. Intake: the lot is minted

At the warehouse the crop is weighed and tested: moisture, foreign matter, toxins. Record intake checks the readings against the commodity's limits, attests them, and mints the lot on the receipt contract. A lot that fails the limits is refused. The limits it passed are written onto the lot, so a later change of standard does not re-grade it.

3. The receipt, and early money for the farmer

The warehouse issues a warehouse receipt to the supplier, with an agreed price per tonne if there is one. The receipt carries a QR code and a verification code anyone can check (Verifying).

Against a receipt with a price, Finance can Pay early: an advance of part of its value now, less a fee, with the balance paid when the goods sell. The receipt moves Issued → Discounted → Settled.

4. Processing

A lot can be processed into a product: cassava roots into starch, starch into syrup. The conversion burns the input and mints the output in one step, and is refused if the yield is outside the range registered for that product. Provenance walks any product back to its farm.

5. The order

A buyer orders from a listing on the Marketplace: off the market list, or direct with the buyer. The quantity is checked against what is available: what is in the warehouse, less what pending releases already claim. The buyer may fund an escrow against the order (Escrow).

Order: Pending → Confirmed → Shipped → In Transit → Delivered → Completed.

6. The trip

The desk dispatches the order on a vehicle. A gate pass with a code is sent to the driver's phone by SMS or WhatsApp. On the road, checkpoints and border events are recorded, border papers are cleared, and any cash paid at a border is logged. The driver's money for the road (fuel, tolls, spares) is advanced to their phone or virtual card.

7. Arrival

At the destination the gate pass code is confirmed at the gate, or the trip is marked arrived. The order becomes Delivered. Escrows set to release on arrival are released when the gate pass is confirmed.

8. Settlement

Finance settles the delivered order. In one step:

1. the goods' tokens are burned, because the goods have left;
2. the payment is recorded and escrows set to release at settlement are released, or, for escrow on a rail, queued for two approvals;
3. the order is Completed.

If the kilograms are no longer available (released to someone else in the meantime), settlement is refused and nothing is written: the same goods were promised twice, and someone has to look.

9. Invoicing

Order invoices bill the buyer; freight invoices record what the exchange owes a transporter, less any advances already paid. Invoices are issued with a verification code and paid on the rails for their currency.