Trader OG

Blockchain provides a safe, secure, and scalable infrastructure to support the sharing of common customer information providing benefits to all network participants – banks, creditors, service providers and regulators. This initiative  enhances transparency into customer processes performed by Mid size businesses that need financing that cannot be provided by banks an is too small to interest investors. Mid sized businesses will be able to use such a platform to enhance the customer experience, automate mandatory processes and eliminate duplication through harmonizing and sharing customer information resulting in operational savings and, over time, reduced operational risk. The mid size businesses also benefit from reduced paperwork by contracting a customer as a financier once and keeping a verifiable record of every completed contract.

The governance of the shared token trading network will include regular certification of contributing customers to assess their compliance with the harmonized standards and provide transparency and confidence to the wider group of participating businesses.

With the fast-paced growth of Finance technology, the current process, which is manual, repetitive, inefficient and expensive, will not be able to keep up. Shared equity backed token trading aims to harmonize standards across mid sized businesses with a focus on digitization of documentation, and multiple levels of information validation and augmentation, ensuring security and privacy for the platform participants.