EFTA01104320
EFTA01104339 DataSet-9
EFTA01104348

EFTA01104339.pdf

DataSet-9 9 pages 312 words document
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I EXI MCHAI NI TRADE FINANCE POWERED BY THE BLOCKCHAIN EFTA01104339 OUR MARKET SMEs lack: Payment Contract Pre-Export Financing Guarantees exporter Provides the exporter payment and the working capital importer the right financing between the goods. This is key to pre- time of manufacturing export financing. and payment $22 TRILLION EFTA01104340 TRADE FINANCING IS ANTIQUATED Access Complexity + Only provided + 1-2% on each + Costly by top banks transaction discrepancies + SME's cannot + Banks charge $39 + 2O days until access bn in fees /year payment EFTA01104341 Making a Trade with William and Mark Trade: $8M Deal for foldable chairs Letter of Credit fees for this transaction: $100,000 yc PAIN POINTS William Liu Mark Cahsens Needs capital financing in order to manufacture Doesn't trust Will enough to pay in advance for export order the order Can't get pre-export financing without LC Costly LC is the only way to get his order Paid with a 20 day delay even with an LC EFTA01104342 OUR INNOVATION 0 0 tedlea0e Institutional Investors Apply for Pre-export guarantee financing w -40 Importer Documents Documents Exporter EXIMCHAIN EXIMCHAIN Web-Based P2P Credit Automated Doc 2 day payment Assessment Checking processing BANKS Paper-Based Traditional Credit Assessment Manual Document 20 day payment Checking processing EFTA01104343 OUR VALUE Easy Access Cost Effective Simple Our Innovations: P2 P Guarentees Lending Market Decentral ized identity management EFTA01104344 GO TO MARKET STRATEGY Beach Head Market Fol low On Markets US Importer O US Importer Chinese Exporter Revenue Potential: Chinese Exporter Plastic Trade $60-70 MN Corridor LC Trade Volume: LC Trade Volume: $9 BN $430 BN Revenue model - Fees on: Payment contracts and Pre -export financing EFTA01104345 COMPETITION HIGH 1EXIMCHAINI V) 4][ HSBC citi LOW UBS Bank HIGH LOW COST EFTA01104346 CORE TEAM Wellesley' MIT I Harvard Hope Liu Jinglan Wang Can Kisagun Chris Crawford Feola Odeyemi FINANCE TECHNOLOGY BUSINESS LAW TRADE EFTA01104347
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63b3d23ba195b2363171f64dc8d8b58fc01649d18099a8969157ed2ac320b8f9
Bates Number
EFTA01104339
Dataset
DataSet-9
Document Type
document
Pages
9

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