On this week’s Silicon Valley Insider, host Keith Koo sits down with Payson Johnston Co-Founder and CEO and returning guest Clay DeDeaux Senior Director of Account Services of Crowdz.io a blockchain based company that is disuprting tradiional Trade Finance and Supply Chain finance using blockchain technologies and how for their use case blockchain is definitely ready for “prime time”. For the first time,
The comparison of Crowdz to the Silk Road is how there is currently a “One Belt” initiative from China re-creating the Silk Road from ancient times. Crowdz is creating a Silk Road for eCommerce by helping business (small, medium or large) connect to financing cross-border.
Crowdz has built a platform that makes Trade Finance, Supply Chain Finance and Factoring (buying and selling of invoices and receivables) much more efficient benefitting all parties to a supply chain (vendors and customers).
Crowdz.io had an earlier show when they discussed how to reduce EDI and ACH payments by up to 75-85%.
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