KRATOS Platform is Decentralizing Physical Commodities on The Blockchain
ARKRATOS has developed a blockchain solution called KRATOS, a commercial platform for the business of physical raw materials. The platform addresses the challenges for trade in physical commodities, in particular the lack of access to trade finance for small and medium enterprises (SMEs) that are engaged in commodities.
A decentralized commodities trading platform transforms and significantly improves the physical trade of commodities throughout their life cycle. Problems with commodities trading include lack of confidence, manual documentation and unnecessary intermediaries.
KRATOS has developed a Cured Token Registration process for the operations presented to the KRATOS platform. The operations presented in the negotiation financing platform will be corrected by the holders of the card.
The result of this curating process will be a list of high quality trades, which will represent a subset of trades that would otherwise not receive funding.
It would be difficult for others to compete with Arkratos, since it has a functional MVP and has ensured commitments for the use of its platform by multiple global commodity trading firms.
KRATOS will address the lack of commercial financing for SMEs through a Token Curated Registration (TCR) process. Currently, SMEs must resort almost exclusively to banks to obtain commercial financing.
It is a long and cumbersome process, which often delays the life cycle of commerce and significantly reduces commercial benefits. Sometimes, certain trade financing agreements will not be financed due to labor issues and the inefficiency of the system among banks.
The great advantage of using KRATOS is the fact that the platform digitizes the current paper-based process through the use of intelligent contracts. This is effective to achieve a reduction of overhead costs and a timely transmission of service processes.
In addition, the platform offers a complete solution for the entire network of pioneers of raw materials. This is because the platform is composed of the components of KYC, HR, Management, as well as the fiscal components of the business.
Parameters of the OCI:
- A utility token
- Established in Ethereum ERC-20
- To be used in the registration processes of the curatorship tokens
- Name of the card: TOS
- Nominal value: 1000 TOS = 1 ETH minus 20%.
- Nominal value (ICO): 1000 TOS = 1 ETH
- Total supply: 300,000,000
- Period before the OCI: 80,000,000
- Period of sale to the public of the ICO: 85,000,000
KRATOS will provide SMEs with a platform to facilitate fundraising for qualified trades processed by TCR. This, in turn, will allow KRATOS to achieve its vision in 3 years as the first single window for all the physical needs of the raw material trade, becoming the Alibaba of the trading of physical commodities.