ModulTrade — The Freedom to trade global with technology blockchain! ICO IS LIVE NOW!!!

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Hello, I would like to discuss the project "ModulTrade", which is quite new to you in this writing. Bitcoin and currencies like crypto how we can use in real life that we all question marks are also a common problem, and you think that this is also modultra the best solution we are looking for in this way i want to introduce modultra, which will improve the most reliable quality and our lives.

The global world is growing day by day, and with it the number of micro, small and medium enterprises (SMEs) in the world is growing very rapidly. The most important issue for all these things is that it is almost impossible for Shan to buy or sell anything directly to each other. The only way to do B2B trading for them is to use the banking system. And that means paying a very high commission, dealing with lots of papers and formality, and a lot of time lost in the process. It is also known that about 56% of SME financing is caused by various causes and because of many difficulties. If you have tried to do such a trade with someone elsewhere in the world, you can still see that you are part of a sense of past trading. Doing your business in this way is very slow, unreliable and expensive. Now if you want to be able to fight this scheme and do something new, ModulTrade will tell you a little about what it is. Http: //modultrade.io/

What Is ModulTrade ?

 ModulTrade  is an easy-to-use and block-based B2B trading platform that serves as a  base for micro, small and medium enterprises (SMEs). There are smart  contracts that are the basis of direct spending, and the MTRc (Trend  tokeni-based ERC-20 Ethereum Trade Tracking Module) is a payment  instrument. The smart contract creates an important trust contract in  the system. ModulTrade, one of the pioneers in this field, plans to  contribute to the commercial and financial sectors by combining millions  of SMEs and giving them the option to do business reliably, easily and  efficiently.With  the ModulTrade platform, all transactions will be 100% secure,  efficient, fast and reliable. Probably the best part of Module Trading  is the average commission fee taken by the bank is 15%, but here it is  only 1% fee. The ModulTrade team offers full support to traders with all  departments of commerce. You can trust this palmtop for Logistics,  Payments, Insurance, financing, taxes, bookkeeping and more. 

 Problems

The problems faced by MSMEs so that they can not compete and enter the global market are:

• Lack of trust.
• High entrance fee.
• Difficulties In terms of access to funding
• Create a network of MSMEs partnerships
• The complexity of trade-related operations.

 Tee Solution Proposed By Modultrade

ModulTrade aims to eliminate the main barriers for entry into global trade as well as:

• Bringing together a comprehensive range of services for the full B2B trade cycle;
• Helping MSMEs meet, commit and execute trade globally easily, in a trustful and efficiently manner; and
• Introducing the MTRc ( ModulTrade token ) as an efficient instrument of value exchange in ModulTrade ecosystem.

ModulTrade smart-contract Platform (“MTP”)

The  main function of MTP will be to replicate banks’ trade finance  instruments such as Letters of Credit ( LC ) and Bank Guarantees.MTP  will provide this functionality to MSMEs at a negligible price (cost of  smart-contract execution on blockchain) if compared to 4–15% of the  transaction amount charged by banks at the moment. 

In this  example of trade process banks provide trust into B2B trade cycle as a  3rd party with the “proven” reputation which community can trust. Banks  guarantee that upon goods are delivered money will be paid to the  Seller.Banks take charge for providing Trust and for avoiding Manipulation. 

 

1. Buyer and Seller agrees on the trade and create a Smart-contract in the MTP
2. MTP  blocks money on the Buyer’s account to guarantee the payment upon  delivery ; MTP instructs bank to reserve funds on the Buyer  account/Credit card; OR MTP reserves funds in cryptocurrency within the  smart-contract
3. S The Seller sends goods via logistic company and submits Tracking number to MTP
4. Upon  Buyer’s receipt of goods, (Tracking delivery matches the address of the  Buyer indicated in the Smart-contract) MTP instructs release of payment  to the the Seller

 Revolution of MTP

The  next development stages will include integration of 3rd party service  providers on t he level of active participants of the blockchain network  forked by MVE. This integration will include functional agents such as:

• Insurance providers
• Trade financing lenders
• Logistics and shipment providers

The MTRc

The  ModulTrade Crypto Token (MTRc), an ERC-20 token issued on Ethereum, is a  key element of the new ModulTrade’s B2B multi-sided platform, that  enables its users to connect to the ModulTrade platform and its  ecosystem and to effect transactions.MTRc  shall be a premined token that will be distributed only during the  pre-sale and Tokens sale campaigns. Therefore, the number of MTRc tokens  will be fixed starting end of November, 2017 which will be guaranteed  by the token smart contract.Demand  for MTRc is expected to be driven by MVE and by ModulTrade network  growth. The more trade transactions are carried out through the  ModulTrade network, the more MTRc demand will increase, thus improving  the trade flows served within MVE  

Token Launch

Distribution planThere  will be a limited supply of 100 million MTRc in total. Part of it will  be distributed through Pre-sale and Token sale in 2017.

• up to 10,000,000 tokens will be distributed during the Pre-sale .
• 30,000,000 tokens will be distributed during the Token Sale .

No more MTRc distribution will be done after the Token Sale ends.The price of MTRc is set as follows:Pre-sale price: 1MTRc = 1 ETH/ 700Token sale price: will be not less than 1MTRc = 1ETH/700 and determined 2 weeks prior to main Token Sale 

 

Road Map :

• October 2016 - Idea
• March 2016 - Concept development at MIT
• April 2016 - Concept launch
• April 2016 - October 2017 - Preparation for public launch
• October 2017 - ModulTrade token distribution
• January 2018 - ModulTrade smart-contract platform
• Marketplace for trade related services
• Trade & reputational bank
• Marketplaces

Token selling price and price limit will be announced 2 weeks before token sale. (Visit https://modultrade.io)  for available discounts. The MTRC icon will be published in Ethereum  and will conform to the most common and accepted ERC-20 token standards.  This will ensure that MTRc is compatible with all ethernet wallets and  easily added to the most common cryptographic purchases for trading.