LOADING TRADE TOKEN LOADING TRADE TOKEN LOADING TRADE TOKEN
LOADING TRADE TOKEN LOADING TRADE TOKEN LOADING TRADE TOKEN
TRADETOKEN?
Blockchain for Trade Finance

About The TRADETOKEN™

Tradetoken brings trade into the blockchain, increasing the efficiency of world trade deals, which are now around $18 trillion a year. Trade token ecosystem is based on smart contracts and can be expected to increase safety, convenience and lower costs compared to traditional trade finance.

What is TradeToken™ Purpose ?

Trade token solve the disadvantages of traditional trade finance such as L/C(complex progress procedures, high fees, high entry barriers) and enables risk hedging(Safety issue in trade finance transaction). In addition, it enables various DApp development based on trade token ecosystem, rewards for trade token liquidity suppliers, and easy indirect investment in commodity. As such, the existing trade finance is incorporated into the blockchain to create various added value.

Why use TRADE ?

TRADETOKEN™ will be first generally used case to brings trade finance into the blockchain.

There has been an attempt to bring blockchain into trade finance. Due to the protection of sensitive information and the speed of processing, the blockchain trade finance used private blockchain. However, the block creation cycle of tradetoken based on Binance smart chain is 3 seconds, which is the same as that of a private blockchain. Existing trade financing has also been centralized for security reasons, losing transparency in transactions. And there were still many problems with banks involved, including high fees and complications of procedures. On the other hand, tradetoken realized fully decentralized trade finance, enabling trade transactions with only a small amount of gas fee and simplifying procedures.

TRADE PAY

The transaction of tokens and products is controlled by the approval of the parties. Through the TRADEPAY DApp, documents necessary for trade such as B/L are shared on the TRADETOKEN blockchain node. (TRADEPAY will also issue SMART B/L using BINANCE NFT technology later) These functions are included in the TRADE PAY DApp.


TRADESWAP

Exchange TRADE tokens or Staking TRADE token to provide liquidity, and rewards is paid to the liquidity provider that helped the trade transaction each time the TRADE token transaction occurs. It will also establish its own insurance policy on trade finance through TRADESWAP.

Commodity ETF on the blockchain

You can invest in tokens that follow the index of Commodity or Commodity ETF(GLD, CPER, USO, REMX, DBA etc). Compared to the existing Commodity ETF, staking the token has a great advantage in that it can also receive interest income from liquidity supply.

Cooperation for blockchain trade finance

TRADETOKEN works with blockchain platforms and trade associations (OKTA, etc.) and companies. Through OKTA, it has established partnerships with 143 branches in 68 countries around the world. TRADETOKEN will continue to build more cooperation for fully decentralized blockchain trade finance. In 2021, a blockchain trade finance association centered on TRADETOKEN will be launched in Asia.

TRADETOKEN™ TEAM

Blockchain makes trade finance better.


Joonyi Seo

  • Founder & CEO

CEO at Simflow trading Co., Ltd.

CEO at DDAK Digital Marketing & Design agency

Chairman of the Korea Blockchain Trade Finance Association

Official Distributor of Island Infant Brand in Korea

Eric Lee

  • CTO & Developer

Former Samsung Electronics Semiconductor Business Department

Co-Founder at NewLine trading Co., Ltd.

Full-Stack Developer

Development of DApp(TRADEPAY, TRADESWAP) and Smart Contract Development & Deploy

Yangyu Jin

  • CMO

Department of International Economic and Trade at Peking University

CEO at Dalian Buyeo International Travel Agency

Qinzhi Xu

  • Public Relations Manager

CEO at Dalian Lixin trading Co., Ltd.

Guan Gao

  • Developer

Former Samsung Electronics Semiconductor Business Department

Co-Founder at NewLine trading Co., Ltd.

TRADEPAY & TRADESWAP Front-End

Jaeyi Lee

  • Developer & Designer

Back-End Developer

Many participants in deep learning research projects

ROADMAP ROADMAP ROADMAP ROADMAP ROADMAP ROADMAP ROADMAP