The international trade sector has very limited to no innovation to advance the capabilities of cross-border trade. Apart from the conventional manual process full of documents, there is little you could attest towards digital transformation.
However, in recent time, blockchain is attracting confidence regarding offering a possible faster and more efficient channel to facilitate our cross-border trade. Export Online is an innovative venture on course to utilize the capabilities of blockchain and give them the experience of their much needed financial services on a global scale.
About Export Online
Export Online is an international blockchain-based platform that aims to solve the existing problems facing exporters looking to conduct international trade. The concept behind the ICO is to utilize blockchain technology as a one-stop secure database for the preparation and execution of international transactions among businesses and clients.
Features Of The Blockchain Platform
- Detailed trade statistics: users get access export information regarding the number of goods or services
- Auxiliary services: gain access to financial, legal and insurance services for any export business, products or transactions
- Electronic declaration: parties looking to trade will take part in formulating and signing an electronic declaration to facilitate authentic and secure trading
- Exporter's workroom: an assortment of tools and resources for exporters to handle and manage details regarding their goods, services or transactions
- Tenders platform: access to potential clients looking for products or services in advance. Exporters get to bid and potentially land future customers.
- Events Calendar: an event calendar with the latest of international exhibitions and trade expos
- Business News Feed: keep up with the latest and emerging news and information on trade
- Smart contracts: establish secure and executable contracts through blockchain to facilitate your export trades
- Reputation system: develop relevant connections with appropriate and reputable businesses and traders through the Export Online instant background check
Is Export Online A Potentially Beneficial Venture?
Reduction Of Costly Delays
Export Online enables a digital record maintenance system under blockchain to eliminate the need for manual documentation, which is often expensive and cumbersome.
The use of blockchain facilitate a faster payment solution within Export Online, thus exporters need not worry on taking days to finish a transaction.
Protection Of Data
Under blockchain technology, Export Online has the capability to encrypt the user data to improve the security of both participants and business functions
Elimination Of Paper Contracts
Export Online is irrefutably economical and secure compared to traditional trade system since all exchanges, transactions, and records are electronically available in a transparent and authentic manner
Token Details And ICO Information
Pre-Sale date- 1- 31 May 2018(1 EXON=0.56 USD) – Public Sale- 1 JUN 2018- 1 JUL 2018(1 EXON= 1.0 USD)
- Token Ticker: EXON
- Platform: Ethereum
- Accepts: ETH, USD
- Token supply: 36,547, 525 EXON
- Hard Cap: 5 000 000 USD
- Soft Cap: 550 000 USD
- Price rate: 1 EXON= 1 USD
- KYC: NO
- Investors- 84.3%
- Project Team- 13%
- Bounty program- 2.7%
EXPORT ONLINE Conclusion
The growing acceptance of blockchain within international trade is a source of benefit specifically for importers and exporters. Consequently, Export Online unleashes itself as offering the necessary support in the areas where secure financial arrangements are lacking. Despite the capability to broaden our international trade opportunities, Export Online still faces the challenge of regulation and the fight to eliminate our existing redundant methods of transactions.