KRATOS

in crypto •  10 months ago

4vlqxOO8Oqe-zfn1N5Neq12UIlTM-WPU.jpgA decentralized commodities trading platform, significantly transforms and enhances international physical commodity trading across its whole product life cycle. Commodity trading challenges include insufficient trust, manual documentation, and unnecessary intermediaries. These problems often result in significant time-delays and high cost. KRATOS is an Ethereum-based platform that employs Blockchain Technology and Smart Contracts to address these challenges. As a result, KRATOS platform delivers better transparency, higher efficiency, and less complexity than any other existing system. The use of this platform would result in more timely deliveries and lower cost. KRATOS has developed a Token Curated Registry process for trades submitted to the KRATOS platform. Trades submitted on the platform for trade finance will be curated by token holders. The output of this curation process will be a list of high-quality trades, which will represent a subset of trades that may not otherwise receive financing. It would be difficult for others to compete with Arkratos since it already has a functional MVP and has secured commitments for the use of its platform from multiple global commodities trading firms.ARKRATOS is a blockchain solutions company founded in Singapore in 2017. ARKRATOS has developed a blockchain solution called KRATOS, a trading platform for the physical commodities business. The platform addresses challenges for the physical commodities trading business, in particular the lack of access to trade finance for Small to Medium Enterprises (SME) players in the commodities.

KRATOS will address the lack of trade finance for SME’s through a Token Curated Registry (TCR) process. Currently SME’s must almost exclusively go through banks to raise trade finance. This is a long and cumbersome process, often delaying the trade lifecycle and significantly reducing trade profits. At times, certain trade finance deals will not be financed due to manpower issues and system inefficiencies among banks. ARKRATOS’ management and advisory team has over a 100 year of collective experience in trading physical commodities and has been working very closely with players in the physical commodities trading space to deliver an innovative and robust model for various players to both receive and provide trade finance.

KRATOS will provide SMEs a platform to facilitate fundraising for TCR processed qualified trades. This in turn will enable KRATOS to achieve its vision in 3 years as the premier one stop shop for all physical commodities trading needs, making us the Alibaba of physical commodities .

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