Greetings Community, In this new post I will introduce about ARKRATOS project,
and for more details let's just go to the following discussion.
and for more details let's just go to the following discussion.
#KRATOSICO
#Arkratos
About KRATOS
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 trading.
KRATOS is a decentralized trading platform for commodity trading, which transforms and expands international trade in physical goods throughout the life cycle of the product. The problems of commodity trade are:
These problems often lead to significant time delays and high costs. KRATOS is a platform based on Ethereum, which uses Blockchain technologies and smart contracts to solve these problems. As a result, the KRATOS platform provides better transparency, higher efficiency and less complexity than any other existing system. Using this platform will lead to more timely deliveries and lower costs.
KRATOS has developed a process for registering tokens for traders represented on the KRATOS platform. Tokens presented on the platform to finance the project will be kept by buyers in their purses. The result of this process will be a list of high-quality transactions that will be a subset of trades that otherwise can not receive funding.
It would be difficult for others to compete with Arkratos, since it already has a functional MVP and it has undertaken to use its platform from several world trading companies.
What problems does Kratos deal with in the trade of goods?
Lack of trust. In the process of physical commodity trading, there is no transparency in terms of origin, quality and quantity of ordered goods, as well as details of dispatch. Consequently, buyers can not fully trust their trading partners and ultimately attract intermediaries, such as brokers, private investigators, and so on.
Documentation
Transactions may include a significant amount of manual administration due to inconsistencies in the documentation. Manual documentation is both temporary and error prone. Consequently, manual documentation not only leads to delays of several weeks, but also leads to increased costs.
Quality Assurance
Physical goods require critical quality control. But the regions in which most of the goods are produced are usually very softly supervised. Even documents can be easily changed. Given the lack of transparency in the system, quality assurance remains questionable in commodity trading.
Secured Capital
In the current market situation, SMEs face problems in obtaining assistance from financial institutions to obtain financing for commodity trading. Even after meeting the strict economic requirements for due diligence of trade financing, limited visibility and insufficient evaluation from potential financiers make SMEs less likely to receive financing compared to larger players.
What will the collected funds be used for?
Platform development: development of various modules, such as risk management and compliance, insurance, logistics (land, sea and air) and other module improvements.
Sales and marketing: global sales and marketing for on-board customers and an increase in the number of players on the platform.
Risk & Compliance: The right risk management and compliance team to handle each of these actions.
Operations: Proper support, infrastructure and security to make the system more reliable.
Legal & Audit: a legal team and auditors for better transparency in the system.
Conclusion
ARKRATOS is a good ICO program.
Think business is pretty fantastic. It attracts people regularly.
Experienced and skilled cooperation is difficult to achieve.
We can build the ability to achieve goals.
#KRATOSICO
#Arkratos
More Information Visit The ARKRATOS Link:
Profile link ; https://bitcointalk.org/index.php?action=profile;u=1357963
Email address ; parasite887@gmail.com
ETH address ; 0x838d9F4750DFC63f9A75bdA335840C0A84aD3afc
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 trading.
KRATOS is a decentralized trading platform for commodity trading, which transforms and expands international trade in physical goods throughout the life cycle of the product. The problems of commodity trade are:
- Insufficient trust.
- Manual documentation.
- Unnecessary intermediaries.
These problems often lead to significant time delays and high costs. KRATOS is a platform based on Ethereum, which uses Blockchain technologies and smart contracts to solve these problems. As a result, the KRATOS platform provides better transparency, higher efficiency and less complexity than any other existing system. Using this platform will lead to more timely deliveries and lower costs.
KRATOS has developed a process for registering tokens for traders represented on the KRATOS platform. Tokens presented on the platform to finance the project will be kept by buyers in their purses. The result of this process will be a list of high-quality transactions that will be a subset of trades that otherwise can not receive funding.
It would be difficult for others to compete with Arkratos, since it already has a functional MVP and it has undertaken to use its platform from several world trading companies.
What problems does Kratos deal with in the trade of goods?
Lack of trust. In the process of physical commodity trading, there is no transparency in terms of origin, quality and quantity of ordered goods, as well as details of dispatch. Consequently, buyers can not fully trust their trading partners and ultimately attract intermediaries, such as brokers, private investigators, and so on.
Documentation
Transactions may include a significant amount of manual administration due to inconsistencies in the documentation. Manual documentation is both temporary and error prone. Consequently, manual documentation not only leads to delays of several weeks, but also leads to increased costs.
Quality Assurance
Physical goods require critical quality control. But the regions in which most of the goods are produced are usually very softly supervised. Even documents can be easily changed. Given the lack of transparency in the system, quality assurance remains questionable in commodity trading.
Secured Capital
In the current market situation, SMEs face problems in obtaining assistance from financial institutions to obtain financing for commodity trading. Even after meeting the strict economic requirements for due diligence of trade financing, limited visibility and insufficient evaluation from potential financiers make SMEs less likely to receive financing compared to larger players.
Advantages of the Kratos solution.
Use in the real world.
Potential for decision-making.
Availability of the market.
Tokens of Kratos
Name of the token: TOS
The value of the token (ICO): 1000 TOS = 1 ETH
Total stock of tokens: 300000000
Token type: Ethereum ERC-20
Token details
Ticker TOS
Type Utility-token
Additional Token Emission No
Accepted Currencies ETH
Distribution of company funds.
What will the collected funds be used for?
Platform development: development of various modules, such as risk management and compliance, insurance, logistics (land, sea and air) and other module improvements.
Sales and marketing: global sales and marketing for on-board customers and an increase in the number of players on the platform.
Risk & Compliance: The right risk management and compliance team to handle each of these actions.
Operations: Proper support, infrastructure and security to make the system more reliable.
Legal & Audit: a legal team and auditors for better transparency in the system.
Conclusion
ARKRATOS is a good ICO program.
Think business is pretty fantastic. It attracts people regularly.
Experienced and skilled cooperation is difficult to achieve.
We can build the ability to achieve goals.
#KRATOSICO
#Arkratos
More Information Visit The ARKRATOS Link:
- Website : https://kratospct.io
- WhitePaper : https://kratospct.io/pdf/KRATOS%20Whitepaper%2003072018v0.2.pdf
- Telegram : https://t.me/arkratos_group
- Facebook : https://www.facebook.com/ArkratosBlockchain/
- Twitter : https://twitter.com/Arkratos_com
- Github : https://github.com/ArkratosBlockchain
- Youtube : https://www.youtube.com/channel/UCdAy8jyFmiW4bKON-BCIKKA
Profile link ; https://bitcointalk.org/index.php?action=profile;u=1357963
Email address ; parasite887@gmail.com
ETH address ; 0x838d9F4750DFC63f9A75bdA335840C0A84aD3afc
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