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Eximchain brings visibility to global supply chain finance through smart contracts. They build a public, permissioned chain for small-and-medium enterprise buyers and suppliers to create supply chain optimization tools and gain access to affordable capital sources to grow their businesses. Their smart contract-based ecosystem allows SMEs to quickly implement customized SCF solutions or issue digital tokens on a permissioned fork of Ethereum supporting data privacy.

A protocol for scalable, public blockchain networks with privacy for enterprise supply chain applications. What is Eximchain enables businesses to connect, transact, and share information more efficiently and securely. Eximchain modifies how the Ethereum client protocol enables consensus, permissions and governance of the blockchain. The process is key to enabling business blockchains that can scale, simultaneously allowing for a public record of transactions that can be scrutinised by all supply chain participants, while keeping certain details secret.

Eximchain also facilitates seamless inventory management by enabling clients to share demand and inventory information across a common ledger. Eximchain is a provider of blockchain-based supply chain management software. It facilitates sourcing, supply chain planning, inventory management, smart contracts & supply chain financing, risk analysis, quality control, collaboration, and information sharing. Eximchain is a protocol for scalable, public blockchain networks with privacy for enterprise supply chain applications. It enables businesses to connect, transact, and share information more efficiently and securely.

Eximchain Price

They adopt a consensus protocol and quadratic voting based governance model to provide practical, finite time security guarantees on their public, permissioned blockchain hybrid. From financing to procure-to-pay, their products utilize smart contracts to optimize the global supply chain for buyers, suppliers, and financiers. Provider of a blockchain-based platform intended to facilitate international trade offers.

Tech startups, talented developers and business professionals are attracted by the government’s supportive tax and regulatory regime, a developed infrastructure and the track record of other up-and-coming businesses. We have a very senior developer who’s experienced in distribution systems, I have my marketing team there and my commercialisation team there”, says Liu. Liu’s experience working at UBS after graduating from Peking University in 2008, as an authorised officer for APAC cash equities settlements overseeing a team of 20, gave her insight into the disconnect among systems for finance and trade, and related databases.

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This appealed to YOOSourcing, a sourcing platform with 40,000 registered users comprising a desktop web app and a mobile app. The desktop app offers buyers an admin panel for monitoring orders. With the mobile app, suppliers can for example, take photos of products they are working on for buyers to show various stages of completion. It also lets inspectors and buyers check in on a map when visiting suppliers, to verify their location. Buyers can rate suppliers, and suppliers can use their ratings to attract new buyers. This website is using a security service to protect itself from online attacks.

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Eximchain, whose name was derived from Export-Import on Blockchain, was founded in 2015 at MIT and has since developed cutting-edge blockchain solutions for the supply chain industry. Their suite of products ensures efficiency, security and transparency in the supply chain. Among their products is supply chain financing in which a startup uses smart contracts to allow financial institutions to verify the validity of orders placed and provide the necessary financing.

An enterprise system that benefits small suppliers

Tech giants like IBM as well as a variety of startups are working to solve these problems via blockchain networks, a market potentially worth US$3.31 trillion by 2023, according to research firm MarketsandMarkets. Global supply chain systems are fragmented and ripe for an overhaul. Data about suppliers, buyers, and logistics are stored in disparate systems of millions of companies, leading to inventory problems and inefficiencies in managing supply chains and related financing. EXC tokens are ERC-20 compatible, and their purpose is to generate a valid ledger to seed the genesis file of our Eximchain mainnet. The ERC-20 tokens will be distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract. They are redeemable for Native Tokens on the Eximchain Platform upon network launch.

In addition to its partnership with YOOSourcing, Eximchain is conducting a proof of concept with a Fortune 500 company, currently undisclosed, using Eximchain technology to increase data sharing, build trust, and facilitate transactions worldwide. The company will also seek innovation partners and ambassadors worldwide to help develop supply chain applications. While contract details can be hidden from other blockchain participants, useful information for other supply chain participants can be made public. These records can help companies see which buyers pay on time and which suppliers deliver quality goods on schedule, and can be used to prove credit worthiness and apply for financing. Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players.

Eximchain is a blockchain platform that enables businesses to connect, transact and share information. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Eximchain is a blockchain-based payment and finance platform that enables importers and exporters to transact with the security of a Letter of Credit at minimal cost, and ultimately obtain financing from the global credit markets. YOOSourcing has partnered with Eximchain to programme the smart contract applications, but early next year Eximchain also plans to start releasing SDKs that can be used by third parties to build customised smart contract applications to run on Mainnet. “Enterprises will drive the buying power and blockchain improves their supply chain efficiencies but in the end all the data stored on the blockchain will improve efficiencies for small businesses as well”, Liu says.

Unlock exclusive data on future plans, company financials, fundraising history, track records, and more. Founded in 2015 and based in Singapore, Eximchain operates as a developer of blockchain-based supply chain, sourcing and inventory management solutions for small and medium enterprises. CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help market players make more informed trading decisions.

Token allocation

Every year we do a quick run-up of the most read cryptocurrency whitepapers on our site. Request a Preqin Pro demo for full access to all profiles and underlying data. In addition, some of the first businesses to tap into Mainnet, like YOOSourcing, will be in China, so being in the same timezone with Shanghai and Beijing is convenient. A tool to launch a quorum cluster in AWS leveraging Hashicorp software. Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces. Claim your profile to get in front of buyers, investors, and analysts.

• The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
• Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
• After graduating from MIT, Liu’s relentless efforts to pitch Eximchain to potential partners, investors and network participants were rewarded.
• The government itself is using blockchain in a variety of different initiatives, and several innovative Southeast Asian blockchain startupsare based there.
• For inquiries related to this message please contact our support team and provide the reference ID below.

Learn what IT leaders are doing to integrate technology, business processes, and people to drive business agility and innovation. Earlier this year the company sold $20 million in Eximchain tokens in private sales to company backers, partners and blockchain participants. This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process. PositiveBlockchain.io is the open-source database, media platform and community exploring the potential of blockchain technologies for social and environmental impact. Circulating supply shows the number of coins or tokens that have been issued so far.

Supply Chain

Market cap is calculated by multiplying the asset’s circulating supply with its current price. Have you thought that Bitcoin is the most anonymous cryptocurrency? Luckily, there are dozens of dedicated privacy coins you can use to transact anonymously. https://cryptolisting.org/ All Crypto Whitepapers is a website that is focused on cryptocurrency whitepapers and educating people on how to do their own crypto research. One of the biggest challenges in the crypto space is to find the right projects at the right time.

The blockchain concept is often equated with cryptocurrencies such as bitcoin but is essentially a programming architecture for distributed networks that makes use of cryptography to securely host applications, store data, and transfer value. Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance , NFTs, and more. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind.

EXC Price Live Data

Using blockchain technology, Eximchain eliminates traditional supply chain barriers and integrates actors big and small into an inclusive, transparent, and secure global network. Crypto Prices Live cryptocurrency prices, market cap, volume, supply, and more.Market Overview Total crypto market cap, volume charts, and market overview.Top Gainers Best performing cryptocurrencies over the last 24 hours.Top Losers Worst performing cryptocurrencies over the last 24 hours. New Cryptocurrency Newest crypto coins and tokens added to CoinCheckup.Popular Cryptocurrencies Trending crypto tokens and coins on CoinCheckup. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions, news, and historical data for Bitcoin and thousands of altcoins. Eximchain’s vision is to use blockchain technology to bring the global supply chain into the digital era and lower financing barriers for SMEs.

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking). Eximchain offers enterprises customizable decentralized applications specific to supply chains. The percent change in trading volume for this asset compared to 24 hours ago. After graduating from MIT, Liu’s relentless efforts to pitch Eximchain to potential partners, investors and network participants were rewarded. After releasing a detailed whitepaperlaying out Eximchain’s approach to blockchain, the company signed letters of intent with more than a half-dozen SMBs, raised $1million in equity investment and started shifting operations to Singapore, becoming legally registered there. Eximchain distinguishes itself from potential competitors by offering a permissions-based, public blockchain based on a modified version of Quorum, a high-speed, enterprise-focused variant of the Ethereum blockchain released by JP Morgan.