What is KRATOS and how does it exactly work? Why do we need it? How will it enhance the international physical commodities trading industry? How will it ensure a more transparent process of trade transaction? This short video will answer all your queries related to the platform and help you understand better the technology behind KRATOS.
Watch our latest video to understand why KRATOS can revolutionize the physical commodities trading industry.
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OUR SOLUTION – The KRATOS platform
KRATOS- 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. This is an Ethereum-based platform that employs Blockchain Technology and Smart Contracts to address these challenges. As a result, This 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.
It 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.