ABOUT EXIMCHAINEximchain project was kicked off in 2015 at MIT (Massachusetts Institute of Technology) by a team with decades of academic and industry experience in computer science, banking and global supply chain across the world. Our vision is to use blockchain technology to bring the global supply chain into the digital era and lower financing barriers for SMEs. The project has received valuable mentorship and guidance from the MIT Media Lab Digital Currency Initiative, MIT Center for Transportation and Logistics, and Plug And Play Fintech Accelerator. The project was chosen as the Grand Champion of the 2016 Boston Seagull Entrepreneurship Contest, the Engine of Innovation Prize of the 2016 Rice Business Plan Competition, and a Finalist of the 2017 MIT $100K Business Plan Competition Accelerate.
The tools to overcome traditional barriers such as access to credit, supplier reliability, data sharing, and supply chain visibility are now within our reach. EXIMCHAIN provides these tools using blockchain technology that ensures efficiency, transparency, and security.
EXC tokens are ERC-20 compatible. The tokens will be distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract
Attention. There is a risk that unverified members are not actually members of the team
SummaryDue to its team, project backing, and overall purpose, Eximchain is a one of a kind ICO that could be great within the upcoming years. We can’t wait to see how it will perform and what benefits it will bring.Positives MIT Incubated: Since this project is funded by MIT, it has high growth potential and a strong technical team backing it. No Pump and Dump: This means that the token isn’t speculative and is used only for utility reasons. Improve Global Supply Chain Finance: Eximchain is used to help investors fund upcoming businesses and for businesses to gain funding in a safe, regulated manner. Negatives Non-Speculative: Since this is more of a long-term ICO, people who want a speculative ICO might have to look elsewhere.
It’s obvious that Eximchain means serious business. Any blockchain-based project that’s been incubated by MIT – and one that’s already won awards for excellence – is not going to be interested in any dubious speculative schemes. No, there’s no pump-and-dump in the future for Eximchain. Of course, the token is not meant to be speculative in any way. For anyone interested in either providing SMEs with supply chain finance solutions, Eximchain as a project is likely to be an appealing one. Likewise, any small business in need of supply chain finance help may also benefit from Eximchain. However, if you’re looking for a speculative ICO to invest in, Eximchain is not going to be a good fit – or any kind of fit – for you. Keep that in mind before you sign up for more information on its upcoming token sale.
EximChain is a really solid project with an excellent team of top specialists, good product and a lot of hype.The project won two prestigious prizes at the Boston Seagull Entrepreneurship Contest and the Rice Business Plan Competition and now has more than positive growth opportunity. As possible obstacles we’d call growing competition among supply chain projects, for example OriginTrail we reviewed not so long ago; and implementation of the management system across all supply chain sections.A project that proved its validity many times and in many aspects, starting from a highly professional team and up to the product implementation.
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