Blockchain based distributed international trade platform.
Trade with trust, trade limitless
International trade has been in existence for centuries, but trade finance has traditionally been an intensely manual process that has not significantly changed over the years. The World Trade Organization (WTO) estimates that 80 to 90% of global trade relies on letter of credit.
Bills of lading and letters of credit are old world methods of managing the shipping of goods and services and there is a huge potential to replace these paper processes digitizing the operations using the blockchain.
We found the perfect solution to use blockchain technology to end this long lasting issue, allowing companies to accept fast and secure payments via cryptocurrencies or FIAT currencies while solving a lifelong stress problem for both the sellers and the buyers.
One place
WireChain delivers a single, global and frictionless solution for trade based on the cutting-edge, decentralized digital technology of blockchain and smart contracts, all in one intuitive and easy-to-use platform.
Trust and trade
Building trust is difficult, and it is centrally governed by big companies as middlemen. WireChain is creating a universal decentralized trust and reputation solution.