KYG Trade™
Todd R. Smith has a diverse work experience in the field of global trade compliance and supply chain management. Todd R. is the Founder CEO of KYG Trade™, a SaaS platform and global marketplace that utilizes blockchain technology for trade attestations. Todd R. is also the Founding Chairman of OriginBX Oasis Open Project, working on developing international data standards for trade attestations. Prior to these roles, Todd worked at EY as a Principal, Global Trade, where they were responsible for managing US and global customs audits, negotiations with customs agencies, and implementing blockchain technology for trade management systems. Todd R. also served as a Principal, Global Trade at KPMG US, where they gained extensive expertise in tariff classification and tax-efficient supply chain planning.
Todd R. Smith obtained a BBA degree in Finance from the Texas McCombs School of Business, where they studied from 1982 to 1986. In addition, they have obtained several certifications including being a Licensed Customs Broker from the U.S. Customs and Border Protection in 2011, a Certified U.S. Export Compliance Officer from the International Trade Certification Authority in December 2009, and a Certified Customs Specialist from the National Customs Brokers & Forwarders Association of America, Inc. in 2006.
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KYG Trade™
KYG Trade operates the world’s first decentralized Trade Attestation Platform and Marketplace. We facilitate the global digital exchange, recordkeeping, and auditability of product attribute data for trade, sustainability, and ESG claims for the cross-border movement of goods. Importing or exporting a good requires highly skilled expert knowledge of ever-changing complex regulations. 80% of the time and cost of attestation is obtaining detailed information about the good itself. Today, massive amounts of emails and source document attachments are exchanged between product owners, trading partners and the authorities to determine the required attestations. The KYG Trade Platform and Marketplace simplify the exchange of product attribute information, eliminate redundancy, and streamline the attestation process. This results in a significant reduction in cost and penalty risk while increasing levels of compliance and utilization of preferential tax, tariff and SESG benefits. $20 trillion in goods cross international customs borders each year. Every import/export requires multiple attestations, such as: - Country of Origin - Harmonized Tariff Schedule Code - Export Classification Control Number - ESG Claims Other attestations depend on the good such as: - Certification of Origin for Free Trade Agreement Benefits - Forced Labor - Conflict Minerals - Food and Drug Registration - Intellectual Property Rights Registration - 100s of others The KYG Trade Attestation Platform and Marketplace: - Simplifies the attestation process - Connects importers and exporters to a global network of trade compliance experts - Eliminates redundancy - Reduces the cost of compliance - Reduces risk of border clearance delays and detentions - Reduces risk of customs fines and penalties Big box importers and small eCommerce merchants on Amazon, EBay, Alibaba, Walmart.com, and others will benefit from the KYG Trade Platform and Marketplace! Learn more at...