Kratos -Decentralized Physical Commodities Trade on Blockchain

lara2019 (28)in #kratosicokratostoken • 6 years ago

A decentralized commodities trading platform, significantly transforms and enhances international physical commodity trading across its whole product life cycle. Commodity trading challenges include insufficient trust, manual documentation, and unnecessary intermediaries. These problems often result in significant time-delays and high cost. KRATOS is an Ethereum-based platform that employs Blockchain Technology and Smart Contracts to address these challenges. As a result, KRATOS platform delivers better transparency, higher efficiency, and less complexity than any other existing system. The use of this platform would result in more timely deliveries and lower cost. KRATOS has developed a Token Curated Registry process for trades submitted to the KRATOS platform. Trades submitted on the platform for trade finance will be curated by token holders. The output of this curation process will be a list of high-quality trades, which will represent a subset of trades that may not otherwise receive financing. It would be difficult for others to compete with Arkratos since it already has a functional MVP and has secured commitments for the use of its platform from multiple global commodities trading firms.

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Website

https://kratospct.io/

White Paper

https://kratospct.io/pdf/KRATOS_Whitepaper.pdf

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THE PROBLEM

Today trading of physical commodities is a complicated process that involves several intermediaries and complicated documentation, requiring thorough quality checks that often yield insufficient results, creating a lack of trust in the market. In the end, the commodity trading process becomes much lengthier and more costly than it has to be.

THE SOLUTION

Enter KRATOS — a decentralized Ethereum based commodity trading platform that uses blockchain and smart contracts to transform the physical commodity trading market. With KRATOS, trading becomes, trustless, faster and more efficient!

Commodity trading challenges include insufficient trust, manual documentation, and unnecessary intermediaries. These problems often result in significant time-delays and high cost. KRATOS is an Ethereum-based platform that employs Blockchain Technology and Smart Contracts to address these challenges. As a result, KRATOS platform delivers better transparency, higher efficiency, and less complexity than any other existing system. The use of this platform would result in more timely deliveries and lower cost.

FEATURES

KRATOS has developed a Token Curated Registry process for trades submitted to the KRATOS platform. Trades submitted on the platform for trade finance will be curated by token holders. The output of this curation process will be a list of high-quality trades, which will represent a subset of trades that may not otherwise receive financing.

KRATOS VISION

To be the industry standard in international commodity trading by 2020, by utilizing end to end decentralised solutions

TOKEN INFORMATION

Token name
TOS
Token value (Pre-Sale)
1000 TOS = 1 ETH less 20%
(Pre-ICO period discount)
Token value (ICO)
1000 TOS = 1 ETH
Total supply
300,000,000
Pre-ICO period
80,000,000
ICO period crowdsale
85,000,000
Token type
Ethereum ERC-20