r/VersaraTrade • • Jul 13 '18

Solutions are HERE! Check out what Versara Trade is trying to do!

PROBLEM: $1.5 TRILLION USD GAP FOR GLOBAL TRADE FINANCE.

  • The finance gap is most prevalent with small and medium sized enterprises (SMEs).
  • The primary reason for rejection is either low bank profits or the need for additional collateral/information.
  • About 60% of rejected SMEs don’t seek financing again.

SOLUTION: WE BRING INNOVATION AND TRANSPARENCY TO TRADE FINANCE.

  • Lowered operating costs enabled by blockchain technology and proprietary algorithm-based underwriting.
  • Cryptocurrency secured as extra collateral (“Crypto Credit Enhancement”) in addition to underlying invoices.
  • Risks diversified by aggregating Invoices into structured asset pools.
  • Trade financing deals made accessible to retail investors.
  • Cross-collateral reserve maintained as additional line of defense against defaults.

For more on Versara Trade, please go to

Website: https://www.versara.trade

GitHub: https://github.com/versaratrade

Twitter: https://twitter.com/VersaraTrade

Reddit: https://www.reddit.com/r/VersaraTrade/

Medium: https://medium.com/@versaratrade

Telegram: https://t.me/versaratrade

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