module trade blockchain technology for the future of MSMEs business

https://en.modultrade.io/

Introduction

what is modultrade

modul trade is a the one place micro, small and medium enterprises (MSME) can meet 1 each other, commit trade agreements easily and trustfully and get help with trade-related services ​in ​a ​cost-effective ​wa. ModulTrade is a smart-contract blockchain-based ecosystem where MSMEs can meet, commit and ​execute ​trade ​globally, ​easily, ​trustfully ​and ​efficientlyBy combining together the development of a value ecosystem and a new crypto token for B2B trade, ModulTrade is one of the few pioneers able to improve the trade finance industry by connecting millions of enterprises (underserved by today’s banking system) to the ​global ​trade ​in ​an ​easier, ​trustful ​and ​more ​efficient ​way.

mission

ModulTrade ​aims ​to ​eliminate ​the ​main ​barriers ​for ​entry ​into ​global ​trade ​as ​well ​as:

• bringing ​together ​a ​comprehensive ​range ​of ​services ​for ​the ​full ​B2B ​trade ​cycle;
• helping MSMEs meet, commit and execute trade globally easily, in a trustful and efficiently ​manner; ​and
• Introducing the MTRc (ModulTrade token) as an efficient instrument of value exchange in ​ModulTrade ​ecosystem.

ModulTrade ​Value ​Ecosystem ​(MVE).

MVE ​will ​leverage ​on ​two ​innovative ​technological ​implementations:

• A Smart-contract platform: this replicates traditional trade finance instruments (such as letters of credit and bank guarantees) and allows MSME to establish trust into their 3 trade ​agreements
• The MTRc (ERC-20 Ethereum-based ModulTrade token): will be a new trade enabler (every enterprise with access to a smartphone will be able to execute trade real-time, globally and in a cost-effective way) and 3rd party application enabler (it will be used for charging usage fees for third parties’ solution built on ModulTrade’s smart-contract platform)

MVE aims to be the place to easily develop new digital solutions for global trade, the most obvious ​use ​cases ​being:

• Supply ​chain ​tracking ​on ​ModulTrade’s ​Platform
• Digital ​Thread ​for ​Additive ​Manufacturing ​(DTAM)
• IoT ​solutions ​for ​invoice ​factoring.

ModulTrade will build a value ecosystem for global trade, i.e. a digital networked value structure that is real-time, global, connected, digital and cost-effective, with features to support further fintech solutions developed by third parties. This solution will enable MSMEs to increase their revenues whilst reducing the costs of global trading. It will also enable third party developers / service providers to gain access to a wider target of users / clients, while reducing development and user acquisition costs. In this framework, the MTRc will be used as a key for the users to connect to the global trade network and to transact in ModulTrade ​ecosystem.

MVE ​ ​main ​components:

1. Blockchain based Smart-contract multi-sided platform (MTP): to replicate banks’ trade finance instruments (Letter of Credit and Guarantee) and to offer MVE participants this service in a trustful and cost-effective way while also connecting them to other services ​like ​logistic ​and ​insurance
2. Trade related services platform: to simplify trade execution via 3rd party service providers ​(e.g. ​payments, ​logistic, ​financing, ​tax, ​bookkeeping);
3. Trade & Reputation network: to facilitate monetary transactions of MVE participants within their reputation capital being a function of users reputable collaboration within the ​ecosystem;
4. Marketplaces: to find reliable counterparties globally and to make optimal choices of goods ​& ​prices.

The​​MTRc

The ModulTrade Crypto Token (MTRc), an ERC-20 token issued on Ethereum, is a key element of the new ModulTrade’s B2B multi-sided platform, that enables its users to connect ​to ​the ​ModulTrade ​platform ​and ​its ​ecosystem ​and ​to ​effect ​transactions.

MTRc​​liquidity

To support MTRc liquidity and turnover within MVE ModulTrade will establish several levels infrastructure ​which ​will ​include

• Bancor ​protocol ​mechanism16
• MTRc ​exchange ​by ​ModulTrade
• MTRc ​placement ​with ​existing ​crypto-exchanges

Use of Bancor protocol will establish MTRc liquidity in advance to its appearance on crypto-exchanges.

More details read whitepaper

Modul trade Tokensale

There will be a limited supply of 100 million MTRc in total. Part of it will be distributed through ​Pre-sale ​and ​Token ​sale ​in ​2017-2018.

• up ​to ​10,000,000 ​tokens ​will ​be ​distributed ​during ​the Pre-sale.
• up ​to ​20,000,000 ​tokens ​will ​be ​distributed ​during ​the Token ​Sale. No ​more ​MTRc ​distribution ​will ​be ​done ​after ​the ​Token ​Sale ​ends.
• Token ​price: 1MTRc ​= ​1ETH/700

here is a guide link for those of you who want to purchase a modultrade4 token https://en.modultrade.io/instructions

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Roadmap

community link

Telegram	https://t.me/ModulTradeIO
Rediit	https://www.reddit.com/user/ModulTrade/
Bitcointalk	https://bitcointalk.org/index.php?topic=2240518
Medium	https://medium.com/@ModulTrade
Facebook	https://www.facebook.com/modultrade/
Twitter	https://twitter.com/ModulTrade
Linkedin	https://www.linkedin.com/company/16259600/