BLOCKCHAIN PROJECTS MAP

We at Blockchain Intelligence, have created this map to identify Blockchain related use cases. You will find the use case, name of the organization,description, Blockchain or DLT used, country, sector, type of organization, level of development, whether it is COVID19 relevant, etc.

Are you a blockchain project? Add the info to the map since this is a collaborative effort. Otherwise, just enjoy it as you wish in an ethical and responsible way.

Ithium

Business

Fintech/cryptocurrency

Blockchain/DLT

Hyperledger Fabric v.1.4.

Description

Ithium is a SaaS that allows banks to offer finance products to supply chain providers using the purchase order as a warranty.

Banks can access (previous confirmation of the companies involved in the supply chain), all the details of every purchase made into the one business group or supply chain. Then the banks can decide based on risk assessment if they send a finance offer to suppliers.

This concept, generates a new finance product, and allow banks to finance very early in the purchase process without having to wait until there is an invoice.

Ithium use blockchain to store purchases and the finance offers states and any change that is made on them, to ensure all operations are certified.

Ithium is already in production with two big supply chains and with a pay-per-use model, as Ithium gets a small commission once every finance operation is closed. Right now we are also working with two major banks, more are coming.

Location

La Coruña, La Coruña 15190
España

Level of development

4

COVID-19 related

No

DISCLAIMER:
the information in this map has been provided by the projects themselves and no responsibility is assumed by Blockchain Intelligence.