removes the need for trust in transactions. It does this by keeping a ledger that cannot be changed.
Technically speaking, it is a decentralized network of computers that has an unhackable protocol to ensure the ledger remains unchanged. Exportly uses the Blockchain as the ledger and "trusted third party" to manage the physical purchase and delivery of commodities from one country to another. This removes all the unneeded middlemen and processes that waste time, money and unnecessary risk.
Specifically, Exportly uses the Blockchain to store the counterparty identities, steps in the transactions, all documents and is the intermediary for the payment to the Supplier.