TCS is pioneering the use of blockchain technology to eliminate intermediaries in freight invoice factoring, enhancing liquidity and reducing supply chain costs. For truckers and transportation companies in North America, waiting months for reimbursement can lead to significant financial strain. TCS Blockchain offers a solution with its innovative platform that enables freight invoice settlements within 1-2 business days at costs up to 90% lower than traditional factoring methods. Since completing the first onchain freight invoice settlement in 2022, TCS has been saving transportation companies significant amounts on their invoices. User experience is a key consideration for TCS, which provides flexibility over rigid agreements typically imposed by factoring companies. Users can choose to settle single invoices or all future invoices without cumbersome commitments. In March 2025, TCS launched the TCS Token on the INX exchange, illustrating the potential of tokenization to address long-standing challenges in the transportation sector.

According to Michael Moro, chief strategy officer of INX, this development allows freight companies to bypass costly factoring services, transforming their invoices into digital assets that can be converted to US dollars swiftly and efficiently. TCS CEO Todd Ziegler discussed the detrimental 'silent tax' effect of traditional invoice factoring on small businesses and the broader economy, as nearly 70% of goods in North America are transported by truck. He emphasized the importance of supporting genuine use cases in the blockchain sector. Additionally, TCS’s technology enhances transparency and verifiability of transactions, tackling historical issues faced by the industry. Bob Ejodame from INX shared his personal experiences with lengthy payment delays and highlighted the commitment of INX to facilitating efficient invoice settlements for transportation companies. Through its blockchain-enabled platform, TCS aims to revolutionize freight invoice settlements, targeting a burgeoning demand for its services, with projections exceeding $150 million as it prepares for a larger market launch at the Mid-America Truck Show on March 29. The transportation sector's adoption of blockchain for tracking and settling invoices signifies a major shift in addressing supply chain fraud and optimizing financial processes. While conventional factoring services dominate currently, the introduction of blockchain-based trade finance is poised to significantly transform global supply chains.