ChamberTrust
Links
Storm
has been chosen by the International Chamber of
Commerce through the World Chambers group as the designer
of
the technical infrastructure for the new B2B
ChamberTrust seal system and is a licensed administrator.
ChamberTrust is not unlike other international chamber
of commerce standardized services such as ATA Carnets
documents, Certificates of Origin, and IC Letters of
credit.
"ChamberTrust
B2B seals - The Passport for your Company- for
Commerce around the World with Businesses You can Trust"
©
"The
major impediment to adoption of e-Business,
especially among small and mid-sized businesses, has
been trust and confidence in brand less and anonymous
business opportunities represented potential
customers and suppliers in the 'new markets' opened
by the internet. Add to that a deluge of never
ending bulk e-mail campaigns and plenty of online
fraud stories, and there is the fundamental paradox
of e-commerce which has existed until recently:
While e-commerce can indeed extend a business’
traditional reach into new markets and lower
costs, these potential new customers and suppliers
had difficulty conducting even basic due
diligence on that business."
"Yet general
economic uncertainties and the deflation of the
dot.com bubble may have deterred but have not
stopped the inexorable adoption by business of the
Internet as a means of communication and connection
with other enterprises. However, one result of the
'anything goes' bubble era has been the growing
demand for a system to establish trust, or
validation, between potential business partners."
"Therefore, as the oldest, most trusted, and
widest network of businesses in the world, the International
Chamber of Commerce through the World Chambers
Network (WCN) group has stepped in and established
the ChamberTrust-Seal B2B verification seal system
(also known as TrustInfo), a web-based system of
validation in which businesses can conduct basic due
diligence with potential partners within or far
outside their immediate region. Only the
chamber of commerce network could supply such
trusted third party status among businesses. There
are over 11,000 chambers and boards of trade in the
world – some as old as 400 years."
"ChamberTrust was commissioned by the
international chamber bodies as a new international
chamber service similar to ATA Carnets (customs)
documents, Certificates of Origin and Letter of
Credits. ChamberTrust is also reminiscent of ISO
certificates used for manufacturing standards,
but covers the complete spectrum, including service
industries. The B2B ChamberTrust seal is especially
useful for firms transacting, or hoping to,
nationally and internationally. It thus helps to
lower costs and increase sales by greatly increasing
the enterprise’s ability to attract potential
business partners. It is based on making the
local chamber the continuous gateway to
e-commerce for its members, combining local
knowledge and due diligence with international
standards and systems."
quotes
are © to ChamberTrust ™
Visit
ChamberTrust.Org,
the main administration site

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