JuLit connects lithium carbonate producers and buyers. Payment in USDC is deposited in escrow and the producer collects it only once delivery is confirmed: nobody pays without receiving, nor delivers without getting paid.
Salinas Grandes · Jujuy and Salta, Argentina
The JuLit proposal
In B2B lithium trade, paying before receiving or delivering before getting paid leaves one party exposed. JuLit closes that gap: payment in USDC travels in escrow and is only released when delivery is confirmed.
No paying without receiving, no delivering without getting paid. Payment in USDC is deposited in escrow and only released when the buyer confirms delivery: at that very instant the producer gets paid and the title is retired.
The journey of a lot
This is how a lot moves through JuLit.The commercial contract is signed in JuLit; registration, deposit and settlement are recorded permanently and verifiably; physical delivery happens between the companies.
The buyer finds producers and origins in the directory; both companies negotiate and sign the commercial contract in JuLit.
The producer publishes the lot already reserved to its buyer: its unique digital title is born, custodied by JuLit.
The buyer deposits the lot's price, in USDC, into escrow: it stays locked until the buyer confirms delivery.
Logistics, customs and cargo reception happen between the parties, like in any operation.
The buyer confirms receipt: at that very instant the producer collects the deposited payment and the title is retired, with a permanent, verifiable record. And if the buyer never responds, the producer can still collect once the agreed deadline passes.
The Lot Passport
The Passport is the public view of the lot's entire journey: its title, its operations and its spec sheet, viewable by anyone.
The digital title represents a contractual right over the lot; it is not an automatic legal title. Checking the spec sheet proves the document matches the registered version, not the truth of its contents.
For each side of the trade
Producer
Buyer
No. The demo runs in a test environment with a fictitious token created by the project. Operations execute and are recorded for real, but the money has no commercial value.
A unique digital certificate representing the contractual right over the lot. It is custodied by JuLit and retired when the buyer confirms receipt: it never changes hands. It is the digital representation of that right, not an automatic legal title.
That the document matches the registered version: the PDF's digital fingerprint was declared on the lot. It proves the document's integrity, not the truth of its contents.
No. Transport and reception of the cargo happen outside JuLit. The buyer's confirmation records that delivery took place; it is not the delivery mechanism.
No. Every lot is born reserved to a buyer: the commercial contract is signed in JuLit between the companies and only that buyer can deposit the payment and confirm receipt. There is no open purchase.
The producer can collect the deposited payment once the deadline set on the lot passes; the deadline is visible from registration.
A fee under 1% of the payment, and only when the deposit is released to the producer.
The escrow is a program, not a person: confirmation and payment happen in a single atomic transaction, with sub-cent fees and a shared, verifiable order of events.
Fictitious companies, origins and lots created for the demonstration. They do not represent real operations or companies.
Lithium from Jujuy. Global reach.
A directory for lithium carbonate producers and buyers to close deals with payment guaranteed against delivery.
