Eximchain EXC: Decentralized Supply Chain Business Network?

Eximchain is built to enable organizations to share information, transact and connect securely and more efficiently. It utilizes the blockchain technology to eliminate the traditional barriers of the supply chain, integrating both small and new actors into a secure, transparent and inclusive global network.

Eximchain EXC ICO Details

Eximchain looks to launch an ICO on March 2018 as a way to seek funding to enable it to push forward its idea. The tokens (EXC) will be ERC20 compatible and distributed on the Ethereum network. The tokens will also be used to execute governance, validate state changes and pay network fees.

Here are the company’s ICO details and distribution:

• Total Supply: 150 million EXC
• Fundraising Cap: $20 million
• 10% for bonuses
• 10% for hedging
• 20% for team and advisors
• 20% for SME’s and early adopters
• 40% for investors

Eximchain Supply Chain Business Network Solutions

Eximchain offers a number of solutions to organizations, allowing them to operate their businesses seamlessly. These include:

• Supply Chain Finance – The Company’s smart contracts allow financial institutions such a s banks to verify the validity of their orders that supplies and upstream partners provide, offering the necessary financing.
• Sourcing – The Company provides a platform that records transactions and historical data, allowing transparency and rating of institutions. The suppliers are also able to prove how reliable they are to buyers.
• Inventory Management – Eximchain offers tools that enable partners to share any demand and inventory information seamlessly across a common ledger.
• Efficiency – The platform reduces the time that could have been spent on manual reconciliation as well as the costs involved for third-party verification. It does all this through the blockchain, which is a fully decentralized network.
• Transparency – By aligning the interest of partners, allowing them to share information easily with others, Eximchain guarantees transparency. It allows every participant to gain visibility.
• Security – Eximchain offers unique consensus protocol and governance mechanism that allows securing of sensitive data through the networks security and cryptography.

Team Behind Eximchain

Eximchain is backed by some brilliant minds, all who have worked in the technology sector. They include Hope Liu (Co-Founder and CEO), Juan Sebastian Huertas ( Co-Founder & CTO), Jian Xu (Business Architect), Jia Zhang ( Business Analyst), Luis Lamia ( Director of Engineering), and Douglas Sanchez ( Director of Product), among other notable advisors.

Future Of Eximchain

The applications of Eximchain use state-of-the-art blockchain in order to ensure utmost security, transparency and accuracy. They are specifically designed to remove barriers of traditional supply chain and integrate both small and big actors. By correcting these inefficiencies to help enterprises and SMEs, there’s no doubt that Eximchain will be a major player in the industry.