Catena proposes a very powerful solution to all related parties in a trade, Catena is a Catena proposes a very powerful solution to all related parties in a trade, Catena is a Decentralized platform on the blockchain network developed to solve not only the trust issue, but to build a base were all parties in a trade can agree on different terms and conditions for the payment, shipping, product parameters and quality, etc. Having a decentralized platform is a corner stone for a strong robust system with huge scaling opportunities, through decentralization users and clients don’t need any form of binding proofs of trust in the platform, because the system doesn’t hold any of the funds nor the contracts, yet it governs the whole process through the blockchain as a form of a strong, secure and transparent database, this puts Catena ahead of most of the current exchanges and trading platform which acts as a middleman holding the money until both parties agrees, on the other hand the blockchain solves a key issue by being immutable, this guarantees the authenticity and the execution of any smart contract without the interruption of a third party.Throughout our work we have noticed that lack of trust and supply chain problems directly impacts our companies growth and scaling, and with the current provided solutions we were facing hefty fees from the banks and intermediary solution providers, which directly affects our profits, specially when you are dealing with a commodity trading with a margin of 6-8%, and we still couldn’t eliminate such a risk, in addition to supply chain challenges moving a certain product from one country to another particularly when its in large quantities, there is no transparency for every step of the process and even if you own the products sometimes it is almost impossible to know and calculate the right delivery timing though such a process.
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