Internet - New York, NY, US
TradeFlo is an end-to-end blockchain trade facilitation transforming global trade and addressing the $1.6 trillion trade financing gap. TradeFlo provides vendor verification, merchandise authentication, payments, and shipments tracking for international trade transactions. Tradeflo brings security and trust to international trade transactions.Tradeflo allows the multiple parties engaged in an international trade transaction to interact and engage through a transparent and flexible blockchain platform powered by smart contracts, which ensure security and trust. The ecosystem also allows companies to build their identity over time, thus giving them greater access to partners and services over time and facilitating companies in finding trusted trading partners in new markets. Tradeflo decreases transaction and coordination costs for payments, inspection, and shipping while increasing transparency, decreasing risk management costs, and improving overall efficiency.Ultimately, Tradeflo is about the democratization of global trade and expanding access for all to the global economy. True globalization brings global growth. Until now, a large percentage of the world's population has not been able to participate in the global economy due to inability to access new markets, lack of trust of new trading partners, inability to authenticate or inspect merchandise, archaic currency and banking controls, lack of access to financing, complex customs paperwork and trade regime requirements, and lack of knowledge of international shipping. International trade starts with access but it only grows with trust. With blockchain technology, we are now able to build and grow a secure, trusted, and transparent ecosystem for international trade. Through Tradeflo, companies around the world can begin to access and participate in the global economy and as they grow, the communities and nations they are a part of can also expand and develop.
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