The ecosystem of the network is based on blockchain technology and provides a high level of confidentiality, scalability and security. The Eximchain ICO project is designed to help companies organize supply chains. The solutions that will be implemented in the platform are aimed at ensuring the possibility of establishing effective and reliable business relationships, implementing transactions and exchanging information.
Founded in 2015, the Eximchain project (derived from the abbreviation "export", "import" and "blockchain") is a digital blockchain platform for corporate use. Its authors intend to introduce innovations and change the current system of supply chain organization by overcoming barriers, strengthening coordination and increasing confidence in cross-border operations through blockchain technology.
The Eximchain platform will offer a wide range of opportunities - from establishing links with suppliers to managing inventory. The product will operate on the basis of a public block chain with a high level of confidentiality. This is ideal for corporate use by companies to organize supply chains and application developers who need blockchain technology.
Developers of Eximchain have established partnerships with the YOOsourcing platform, which allows users to verify the authenticity and reliability of suppliers. Also, the authors of the project launched a new private test network, an alternative blockchain used for experiments with the digital platform token.
Through the partnership of YOOsourcing, mobile application users will be able to perform supplier requests directly from the supplier's profile. The platform has a built-in verification system designed to ensure the reliability of the displayed information.
This will allow suppliers using the Eximchain platform to track their requests, promote new products and develop tactics to attract future business leaders. The use of blockchain technology in the platform will increase the confidence in accountability, data storage and agreements between suppliers and buyers on the YOOSourcing platform.
EximChain looks like a solid project with an excellent team of qualified professionals and a good product. It attracted a lot of attention.
The project won two prestigious prizes in the Boston Seagull Entrepreneurship Contest and Rice Business Plan Competition, which provided it with more than just positive opportunities for development.
As possible obstacles, it should be noted the growing competition between projects focused on assistance in the organization of supply chains.
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