Enigio entered the sandbox to demonstrate its technological tool, trace:original, which enables any party to create and manage verifiable MLETR- compliant2 digital original documents in an open network for trade, i.e. without requiring participants to join a proprietary platform. Its technology addresses a critical limitation in trade-related innovations, by enabling partners to communicate without agreeing on a single closed technological system, yet allowing complete interoperability via structured data embedded into their tool. The company conducted its testing in collaboration with the DFSA and a network of stakeholders including the Abu Dhabi Customs Authority, several financial institutions – such as First Abu Dhabi Bank, the National Bank of Fujairah, National Bank Bahrain, HSBC Middle East – and logistics providers. Throughout its participation in the sandbox, Enigio explored four use cases that represent critical pain points in trade documentation: digital bills of exchange, digital bills of lading, digital bank guarantees and a “digital envelope” that functions as a secure digital courier for all types of trade documents. Enigio focused on validating these document types according to three core capabilities: –Creation: First, the team tested whether trace:original could generate and transfer digital documents embedded with structured data to enable system-to-system interoperability. –Authentication and verification: Next, they validated the ability to manage the full document life cycle – ensuring that digital trade documents could be instantly authenticated and verified by recipients without requiring them to subscribe to any platform or service. –Automation: By embedding and capturing structured data within the documents, the solution demonstrated how trade documents could actively support automation – allowing for the creation and consumption of data that complements or replaces traditional manual processes. Finally, the team evaluated how the solution aligns with the most important international trade rules – such as those used for documentary credits (eUCP 600), collections (eURC 522) and demand guarantees (eURDG) – to ensure it can be easily adopted within existing global trade practices.1.2 Enigio: Legally recognized digital originals Advancing Digital Trade: Insights from the UAE TradeTech Regulatory Sandbox 11

Advancing Digital Trade 2025