ICO ends soon
the ModulTrade ICO ends on January 27th, so if you want to invest before it's too late, register on the site below:
https://en.modultrade.io
About ModulTrade
After 17 years of experience in Trade Finance business and Strategic consulting, Evgeny Kaplin created ModulTrade with the help from three other MIT students.
ModulTrade is a blockchain startup in the trade finance sector with an aim to allow small businesses all over the world to involve themselves in international trades efficiently, securely, and easily. About 56 percent of SMEs requests to banks for trade finance are being rejected and ModulTrade wants to fill the gap and offer them these services and let them become an equal player. In the same time multinational businesses only gets rejected around 10 percent of their requests. This shows that it is a global problem that needs to be solved and what ModulTrade offers is well needed.
Why use blockchain?
With the help of the blockchain technology ModulTrade can provide secure trade services efficiently and without banks. Blockchain will help democratize global trade and let more than 400mln SMEs become global players. With blockchain and smart contracts they can reduce the costs to almost zero, while banks still charges from five to fifteen percent in fees. With the help from blockchain they will also reduce inefficiencies, fragmented processes and financial non-inclusion that.
With the help from smart contracts, ModulTrade can digitalize almost every business process on the blockchain. It means that ModulTrade can serve complex services like insurance, taxes, logistics etc. Blockchain technology enables a higher efficiency in comparison to how trade financing and global trade is handled today. ModulTrade has already been thinking about what they would do if Ethereum is not scaling well enough compared to the user growth. In that case, ModulTrade is ready to switch to a better blockchain to be able to deliver fast transactions.
Visit ModulTrade'website and register for the ICO to purchase tokens:
https://en.modultrade.io
Visit the Bitcoin talk ANN thread:
Bitcoin talk ANN thread
Join the bounty:
ModulTrade Bounty Bitcointalk
Sources:
https://en.modultrade.io
https://www.chipin.com/modultrade-ceo-evgeny-kaplin-interview/
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