ModuleTrade aims to connect participants to trade globally via four main components:
– 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 cost-effective way while also connecting them to other services like logistic and insurance;
– Trade related services platform: to simplify trade execution via 3rd party service providers (e.g. payments, logistic, financing, tax, bookkeeping);
– Trade & Reputation network: to facilitate monetary transactions of MVE participants within their reputation capital being a function of users reputable collaboration within the ecosystem;
– Marketplaces: to find reliable counterparties globally and to make optimal choices of goods & prices.