Compliance
Built on the legal framework of the Warehouse Receipt System.
Trust in a market depends on knowing who holds the goods, who holds the money, and who oversees it. This page explains how IXCX answers all three.
Legal basis
What is traded is the right per kilogram to a commodity backed by a Warehouse Receipt valid under the law — not a new instrument, not a derivative product, and not a digital asset.
Separation of roles
Goods, receipts, and receipt data sit with institutions other than the market operator. Each function is run by the party with authority over it.
Regulator & supervisor
Bappebti
Setting the compliance framework, approving the scheme, ongoing supervision, and resolving cross-party issues.
Market operator
PT Super System Technology
Building and running the platform, verifying users, matching supply and demand, and keeping the per-kilogram ledger.
Receipt holder
PT Super Digital Indonesia (SVP)
Holding the Warehouse Receipts for traded commodities, verifying receipts, assigning the receipt for every release of goods; never pledging receipts.
Warehouse operator
PT BGR Logistik Indonesia
Receiving, storing, and safeguarding commodities; quality testing; issuing receipts; serving redemptions.
Registration Center
PT Kliring Berjangka Indonesia
Recording receipts and transfers of title, verifying receipts before kilograms are issued, and data integrity.
System boundaries
To avoid overlapping authority and to preserve data integrity, the following boundaries are fixed explicitly.
| Function | Sits with | Note |
|---|---|---|
| Source of truth for receipt data | Registration Center (KBI) | The marketplace only reads; it holds no copy that stands as proof |
| Physical possession of the commodity | Warehouse Operator | The marketplace never takes custody |
| Receipt holder | PT Super Digital Indonesia (SVP) | A legal entity separate from the market operator |
| User funds | Holding account designated by the Operator | The rupiah balance is held in trust — not a deposit and earns no interest |
| Recording the right per kilogram | Marketplace ledger | Append-only; open to KBI and Bappebti |
| Price discovery and buyer access | Marketplace | The new function being added |
| Supervision | Bappebti | With KBI, direct read access to reserves, kilogram movements, and balances per holder with identities masked |
The market runs on the commodities and warehouses connected so far, under Bappebti supervision, and widens in stages.
Safeguards
One kilogram, one kilogram of goods
The kilograms in circulation never exceed warehouse stock. New kilograms appear only after a Warehouse Receipt is verified, and redeemed kilograms are removed from the ledger.
Continuous monitoring
The ledger is checked automatically against reserves; any gap raises an alarm that KBI and Bappebti also see.
Funds held in trust
Rupiah balances sit in a holding account designated by the Operator and can only be withdrawn to an account in your own name.
User verification
Every user verifies their email and identity before depositing and trading; businesses also submit their company documents.
Anti-money laundering
The Operator may hold a deposit, withdrawal, or refund when a transaction looks unlawful, and may report it to the authorities.
Data protection
Data is handled under Law Number 27 of 2022. Outlets and warehouse operators see only the data they need.
End-to-end flow
Steps 1 to 4 follow the Warehouse Receipt System as it stands: the goods enter a licensed warehouse and the Warehouse Receipt is issued in the name of PT Super Digital Indonesia (SVP) as receipt holder. The market works at steps 5 to 8, where the right per kilogram is recorded and transferred on our ledger.
- 1
Cooperation agreement
Goods owner → PT Super Digital Indonesia (SVP)
The commodity to be sold is agreed into the market. Ownership of the asset passes to PT Super Digital Indonesia (SVP) as receipt holder, and the goods owner receives the right to it in kilograms.
- 2
Goods delivered
Goods owner → Warehouse operator
The goods move to a licensed warehouse, where they are received, weighed and stored to the standard for that commodity.
- 3
Quality testing
Conformity assessment body
Testing by an accredited body. The result sets the specification carried on the receipt and shown to buyers.
- 4
Receipt issued and registered
Warehouse operator → PT Kliring Berjangka Indonesia
The Warehouse Receipt is issued in PT Super System Technology's name and recorded in the Registration Center's system. From this point the receipt data is on the official record.
- 5
Kilograms recorded
Marketplace
Stock whose receipt is verified is recorded on the ledger as kilograms in the goods owner's name. The kilograms in circulation never exceed warehouse stock.
- 6
Offers and price discovery
Marketplace
The goods owner lists a sell offer at their own price; verified buyers place bids. Matching follows price, then time, on an open order book.
- 7
Funds
Holding bank
Deposits and withdrawals only from and to accounts in the user's own name. The rupiah balance is held in trust in a holding account designated by the Operator; when an offer fills, rupiah and kilograms move in a single record.
- 8
Transfer of the right
Marketplace
When an offer fills, rupiah and kilograms move in a single entry on the ledger. Entries are append-only and open to inspection by KBI and Bappebti.
- 9
Redemption
PT Super Digital Indonesia (SVP) → Warehouse operator
The kilogram holder requests redemption. The goods leave the warehouse on the receipt holder's instruction and are handed over at an outlet or the warehouse under the applicable procedure.
Policy documents
- Syarat dan Ketentuan Penggunaan
- Kebijakan Privasi
- Ketentuan Penjual dan Pemegang Resi
- Ketentuan Pembeli
- Konfirmasi dan Catatan Transaksi
- Kebijakan Pembayaran, Pembatalan, dan Pengembalian Dana
- Ketentuan Penebusan dan Pengiriman
- Ketentuan Logistik
- Ketentuan Pasar B2B
- Ketentuan Pembiayaan
- Ketentuan Program IB
- Perjanjian Pemasok
Complaints
Report a suspected violation, a suspicious transaction, or a service complaint. Include your identity, the transaction number, what happened, and supporting documents; every complaint is logged and followed up.
- info@ixcx.io
- Service hours
- Monday to Friday, 09:00–18:00 WIB