TradeCloud
Debt repayment 6%
Acquisition 19%
Software development 25%
Early adopter incentives 10%
About TradeCloud
What is the problem ?
The commodity industry has been slow to change. Market participants and service providers remain disconnected, only being able to reach each other through out dated or not-fit for purpose communication tools. This has led to inefficient communication, inadequate price discovery and a poor allocation of services to the industry.
The lack of digitalization in this space has contributed to fraud, sometimes on an enormous scale such as Quingdao ( pop up ) and emailed payment instructions being intercepted and changed. Services such as new finance channels and credit insurance capacity have not been able to be accessed and utilized as the providers and those that need their services have not been connected. Inefficient processes and antiquated price discovery methods have caused rising costs and shrinking margins.
How will we solve it ?TradeCloud is already building communities and connecting the industryover it’s secure, efficient and easy to use platform. Our digital vision, centred around the Corda blockchain will make transacting and executing physical commodity trades, fast, efficient, secure, both reducing costs and improving margins at the same time.
TradeCloud Roadmap
-
August 2016
-
TradeCloud established
-
February 2017
-
Platform build starts
-
October 2017
-
Platform goes live
-
August 2018
-
STO project started
-
November 2018
-
$500,000M of transactions initiated on TradeCloud. 200 customers, 36 countries
-
January 2019
-
Pre-Sale process starts
-
Post FINMA no action letter
-
Private and Public sale
Activity
Team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Last News
- Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
- This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
- If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.