Business & Trade To Digitalize Soon With Blockchain by Tradove

Business & Trade To Digitalize Soon With Blockchain by Tradove

Startups
September 23, 2019 Editor's Desk
13206
The Facebook for business partners is here with Tradove ! Tradive is what you would call the business social network. This Blockchain and Al based social networking with bridge the gap between corporate buyer & sellera and enhance B2B transparency as well. Additionally, BBCoin will provide a better payment instrument for international trade. We have
Tradove Blockchain

The Facebook for business partners is here with Tradove ! Tradive is what you would call the business social network. This Blockchain and Al based social networking with bridge the gap between corporate buyer & sellera and enhance B2B transparency as well. Additionally, BBCoin will provide a better payment instrument for international trade. We have been in business for 5 years and now have 250K corporate users worldwide. We are honored to announce that TraDove has raised $4M in equity investment.

The CEO of Tradove, Kent Yan is an MIT graduate with a Masters in Science in Electrical Engineering/Computer Science and an MBA from MIT Sloan School of Management. His business specialties are technology, business and finance. 

He is someone who is a motivator! “I also love working with people”, he says. “Both the good and the bad. Talking to 100 people and being turned down by 99 only to have one person say yes is a great achievement. I learned early on to never take no for an answer. Being resilient is very important”. 

TraDove is not believed to be a typical ICO or Blockchain based company.  is not your typical ICO or blockchain based company. The company is deciding to launch token sale and they have over 250,000 corporate buyers and sellers from over 100 countries

The story behind TraDove comes from the annoyance that CEO had when it came to the international trade. He has an experience of working for China where he has helped large corporate products and services. This brought him close to witnessing the complications that the trade industry has. This led to the creation and later establishment of TraDove. The idea was to vet, authenticate and even review buyers and sellers by utilizing smart contracts. 

The B2B problems that TraDove aimed to solve included the lack of personal connection. Businessmen from two different towns do not even meet!

Next it included the lack of transparency. Validation of a good buyer or supplier becomes very difficult then. Just reading some data on the internet won’t do. One needs to have a platform where the buyers or even suppliers can be ratted.

 Then there is also an absence of trust. Making sure that you will earn for the services you deliver can be difficult if the cross-border nature of trade is taken into consideration.

 Thus TraDove aims to eliminate these problems by using connectivity as their tool. 

“We have built a B2B social network allowing corporate buyers and sellers to find each other within clicks rather than weeks or months. They can easily share knowledge, experience and opportunity”, Yan said.

They ensure each user is validated which would help maintain the credibility of the business social network. There is also an option of giving references for people, products and even services. This helps save other people’s time.

Utilization of blockchain technology and our BBCoin helps build the foundation of trust in international trade and the need to deal with local banks is not there anymore!

The biggest challenge that TraDove will be witnessing will be building a user base as fast as possible. 

When Yan was aked about what is the one thing that he wished would be changed in the industry he mentioned about allowing business partners to find each other quickly and more credibly and in both ways. “Also, to make B2B more transparent and trustworthy. Even with large sourcing sites in Asia, the trust component is critical and frankly still lacking. You never know when a supplier could halt an order, a check could bounce, or any other unforeseen circumstance could severely impact your business operations. We are solving that”.

Related posts

Add a comment