HOW IT WORKS · 2026-07-04
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Matching · Escrow · Digital Contract · source, sign & settle cross-border industrial trade
updated 60s
MPBxEXCHANGE
Sign InBrowse suppliers
VERTICALS9
STAGES (PER VERTICAL)up to 13
TRUST TIERS5 (Platinum → Unverified)
SETTLEMENTmilestone-protected
DISPUTE SLA5 days
TAKE-RATE0.6 – 1.5%
PRODUCT MECHANICS · HOW A DEAL FORMS ON MPBx

How a deal forms on MPBx — one signed flow from sourcing board to settlement.

Build a spec shape, match suppliers on capability with your price sealed, agree in a meeting room, and settle through milestone-protected payments — funds release only as verified milestones complete; use your own bank or LC today, with integrated escrow via licensed partners on the roadmap. Below: the full deal loop, the money flow, the trust layer — and what happens when something goes wrong.

01 Source02 Meet03 Verify spec04 Counsel05 Fund & settle06 If it goes wrongBuyer journeySupplier journeyTrust scorevs. wiring directVocabulary
01SOURCE

Build a requirement once, match suppliers on capability with your price sealed.

Compose your spec as a reusable shape, dial the per-order variables — quantity, lead-time, destination, a private target price. Suppliers are ranked on capability fit; you see closeness % only, and your price stays private to you. A meeting room opens only when both sides agree, and counterparty identity stays hidden until consent.

The real sourcing board: shape a spec, dial quantity / lead-time / trust, match on capability, then carry readiness into the meeting room.
02MEET & NEGOTIATE

Buyer and supplier meet in the room. The whole lifecycle on one surface.

Quote, counter, contract, sign, escrow — buyer and supplier run the entire deal in one place. The room is the product: every term, every signature, every milestone release lives on the same surface.

03VERIFY THE SPEC

The spec is the contract. Every axis is verified before the deal can converge.

Every spec axis is checked against the spec-locked RFQ, so drift becomes mathematically detectable instead of a matter of trust. When the numbers line up, the signature binds the contract — the spec the buyer asked for is the spec the supplier is held to.

The real spec sheet, auto-cycling through all 9 verticals.
04COUNSEL CHECKPOINT

Every contract clears the same checkpoint before escrow.

Counsel reads the signed PDF against the spec-locked RFQ and the KYC record, flags every divergence with a citation, and answers questions about the contract in plain language. Nothing reaches escrow until it has cleared this review.

WHAT COUNSEL FLAGS
Spec drift — PDF terms vs the spec-locked RFQ
Bilingual divergence — EN / ZH / TH / JA clause mismatches
Missing governing-language clause
Entity match — KYC counterparty vs PDF legal names
Conversational chat over the contract, with cited flags
REFERENCE

The detail behind the six steps.

The same deal, seen from each side, plus the trust layer, the comparison with wiring direct, the controlled vocabulary, and the failure modes engineered out.

REFBUYER JOURNEY

From RFQ to completed shipment in 32 days.

Worked example: a Thai factory procurement manager buying 2,000 sheets of CCL Tg170 from a Shenzhen supplier — ฿4.2M total, 30 / 40 / 30 milestones.

WEEK 1WEEK 2WEEK 3WEEK 4WEEK 5D0D4D8D12D16D20D24D28D3201 · BUYERFind supplier02 · BOTHQuote → contract03 · BOTHE-sign + notify04 · BUYERWire to escrow05 · SUPPLIERProduce + QC06 · SUPPLIERGoods ship07 · BUYERConfirm receiptD1–2D2–3D4–22D23–28D29–32MILESTONES100% IND3M1 · 30% OUTD22M2 · 40% OUTD23M3 · 30% OUTD32TODAYLEGEND ▼ paid INTO escrow · ▲ released OUT to supplierDAY 0 → DAY 32 · RFQ TO COMPLETED SHIPMENT
REFSUPPLIER JOURNEY

Get paid before you ship — and again at quality and delivery.

Mirror of the buyer flow. Every milestone is a confirmed cash event in the supplier's account. No production starts until escrow is funded; no shipment until quality milestone fires.

WEEK 1WEEK 2WEEK 3WEEK 4WEEK 5D0D4D8D12D16D20D24D28D3201 · SUPPLIERClaim listing02 · SUPPLIERRespond to RFQ03 · BOTHE-sign contract04 · BUYERWait for funding05 · SUPPLIERProduce + B/L06 · BOTHFinal payment + reviewD1–2D2–3D4–28D29–32MILESTONESESCROW SETD3M1 · 30% RECVD22M2 · 40% RECVD23M3 · 30% RECVD32TODAYLEGEND ▼ held in escrow · ▲ released to supplierDAY 0 → DAY 32 · CLAIM TO FINAL PAYMENT
REFTRUST SCORE

Every party carries a 0–100 score. Five inputs, transparent weights.

Auto-recomputed on every relevant event. Public breakdown so suppliers know what to improve and buyers know why a score is what it is.

SCORE WEIGHTS · OUT OF 100
30%
25%
20%
15%
10%
Transaction history
Contracts settled without dispute
KYC verification
DBD cert, factory licence, beneficial owner
Certifications
ISO 9001/14001, IATF, UL, IPC, valid
Buyer reviews
Post-settlement star ratings + comments
Factory audit
On-site or remote audit logged
90+
Platinum
≥3 jurisdictions · 0 recalls · 5+ yrs · 15% holdback
75–89
Gold
KYC complete · ≥2 jurisdictions · ≥3 trades · 30% holdback
50–74
Silver
KYC complete · base certs · forming history · 50% holdback
20–49
Bronze
Email verified · partial cert · 100% holdback + warning
0–19
Unverified
New signup · 100% escrow + mandatory inspection
REFWHY THIS BEATS WIRING DIRECT

Same supplier, same price, less risk.

Most Thai-CN cross-border PCB material trades happen as direct bank wires today: 30% deposit on faith, hope the supplier ships, 70% on shipment. MPBxChange routes the same money through a different rail.

WIRING DIRECTMPBxChange
Where the deposit goesSupplier's overseas account, on faithMilestone-protected — released only as verified milestones complete
Spec enforcementChat screenshots and a hopeful PO over chatFrozen spec_snapshot, auto-checked vs. third-party cert
If something goes wrongchat with sales rep, then a overseas lawyerOpen dispute in app, refund within 5 days
FX exposurePay in a foreign currency, eat the bank's spreadSettle in your own currency, FX locked at signing
Counterparty trustMarketplace reviews and gut feelTrust score: KYC + transaction history + audits
Audit trailBank wire memo + email threadEvery action timestamped with IP + actor + diff
REFCONTROLLED VOCABULARY

Why "Tg", "T.G.", and "Glass Transition Temperature" all mean one thing.

The match-before-extract pipeline only works if every supplier and every datasheet collapses to the same field names. We seeded a controlled vocabulary of 104 canonical fields with 127 alias synonyms and a unit normaliser, derived from a third-party Thailand procurement spec dataset.

01 · SYNONYM COLLAPSE
Three different prose forms → one canonical key.
Tg
T.G.
Glass Transition Temperature
glass_transition_temperature
Without this, three suppliers offering the same canonical part show up as three different "fields" — buyers can't comparison-shop, the matcher can't dedupe, and forgery detection breaks.
02 · UNIT NORMALISATION
The #1 source of extraction errors — fixed once.
50 tons
175.84 kW
12,000 BTU/hr
3.52 kW
63 mil
1.6 mm
212 °F
100 °C
2.5 MVA
2,500 kVA
HVAC supplier writes "50 tons", buyer searches "175 kW" — both find the same listing. The dataset (Insight #2) flagged this as the dominant failure mode, so we wired it into the matcher from day one.
CANONICAL FIELDS
104
ALIAS SYNONYMS
127
LONG-TAIL FIELDS
2,115
CATALOG ROWS
377
Source: Thailand Procurement Spec Field Dataset (2026-05-07) · 18 sheets · 5,832 rows · independently confirms our match-before-extract architecture (Insight #1) and controlled-vocabulary + fuzzy-matching design (Insight #9).
REF · THE FRICTION LEDGER

For years the weakness was human. We engineer it out.

Every failure mode in supplier trade, paired with the primitive that removes it.

✕ THE OLD WAY · WHERE TRUST LEAKED
✓ MPBx · ENGINEERED OUT
Human error · spec drift
A typo on a 6-page bilingual spec sheet nobody fully reads: Tg 170 becomes 17.0.
Spec-as-signature
The agreed spec becomes a deterministic PartSignature. Any drift is mathematically visible; both sides sign the signature, not the prose.
Fraud · fake suppliers
A factory that doesn’t exist, or can’t do what it claims.
KYC + portable trust + sanctions screen
Every party is KYC-anchored and screened; counterparty stays hidden until both sides consent.
Corruption · broker margin
Kickbacks and opaque middleman spreads buried in the price.
Sealed match + transparent take
Matched on capability with price private to each side; a transparent 1.5% on close, lower as you scale. No broker in the middle.
30%-on-faith deposit
Wire a third of the value upfront and hope the goods arrive.
Licensed banking-partner escrow
Funds sit with a licensed banking partner and release only as milestones clear.
Lost-in-translation disputes
The Chinese version has a clause the English one doesn’t; arbitration can’t tell what was agreed.
AI Counsel + hash-chained audit
Bilingual Counsel reviews every contract pre-sign; the signed signature and audit trail bind, not the chat thread.
Slow, manual ordering
Eight days across chat groups, faxed POs, and phone calls.
One signed flow
RFQ to settlement in a single room: the whole deal loop, in one place.

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