MIT Backed Supply Chain Finance Blockchain
Headline
- Blockchain for supply chain finance
Advantages
- Strong team from MIT with supply chain experience
- Team started Eximchain in 2015
- Strong roadmap with mainnet launch planned in Q4 2017 to Q1 2018
- Low circulating market cap at $20m
- Partnerships with SMEs in China
- Strong vision to use blockchain technology to bring global supply chain into the digital era
What is it?
- Eximchain is a public, permission blockchain for small to medium sized businesses
- Businesses can use Eximchain to create supply chain optimisation tools and gain access to affordable capital sources to grow their business
Problem
- Existing supply chain finance products are unable to meet the demands of small to medium sized businesses
- There is a lack of a trusted tool that provides transparency in supply chain finance
- Within supply chain finance, it is difficult to align incentives among different participants
Core technology
Multi-Party Dynamic Contracting
- No supply chain finance participant (buyer, supplier, financier) will be able to improve their profit by deciding to deviate from the optimal set of decisions.
Features
- Risk mitigation
- Operational efficiency
- Investment opportunity
- Working capital management
- Credit rate arbitration
- Supply chain optimisation
- Supply chain provenance
- Process automation
Use Cases
Disney and Blockbuster
- Disney could use Eximchain to create a $1bn 4 year revenue sharing agreement with Blockbuster for movie rights. This would maximise profit on the supply chain with more visibility into demand, investors and upstream/downstream operations. Additionally, interactions and agreements would be saved automatically with a traceable record and save $millions in litigation in the event of cheating.
Valuation
- Low circulating market cap: ~$20m
- Potential circulating market cap: $100m to $1bn
Summary
- Eximchain is a high quality blockchain project
- Eximchain is valued at ~$20m circulating market cap. This is a $100m-$1bn potential blockchain by end of 2019.
Telegram
I'm going to make a video review of this ICO. It will be public on my steemit blog later today.