DAFZO: A BLOCKCHAIN TECHNOLOGY THAT WILL BE USED TO SIMPLIFY INTERNATIONAL TRADE FINANCE

A BETTER UNDERSTANDING OF THE BLOCKCHAIN.

The blockchain can be described as a distributed ledger technology that has the ability to record transactions in a way that is permanent and secure.
There are several cases that makes use of the blockchain, some examples of the platform that makes use of the blockchain includes:
• The Global Trade Platform.
• The food industry.
• The mining firm.
• The stones.

Blockchain has helped a lot in the logistics industry, and the blockchain has been harnessed in this sector to: improve the efficiency in global trade and to enable new business models.
The blockchain has helped the logistics industry to make the processing of paperwork easy in ocean freight, to help identify counterfeit products, to facilitate origin tracking and to as well operate the internet of things.

PRESENT PROBLEMS ASSOCIATED WITH TRADE FINANCE.

International sales which is import and export are currently carried out making use of traditional methods through a centralized banking system. This method is not convenient because it involves a high substantial fee, a complex method of handling bills and other issues. At the end of the day, the two parties involved have to pay for the cost of having additional cost like re paper work and also household rentals.
Trade finance also have issues associated with major shareholders which includes shipping and Logistics Company, As a result of the centralised system operated, logistics companies are not usually able to record every movement of their transportation and also connect with receivers at the same time.

THE MISSION OF DAFZO.

Dafzo on its own is the combination of Fintech and logistics blockchain ledger. Dafzo will make use of a decentralized ledger technology to develop a fully automated global logistics aggregator, this will be done by totally placing power into the hands of the importer and exporter community and also replace existing financial intermediaries.

THE VISION OF DAFZO.

The vision of Dafzo is to create an ecosystem that is decentralized and built around Dafzo utility token.
The aim of Dafzo is to create a utility token market that will be used by the world, focusing especially on countries that are cryptocurrency friendly.

DAFZO WILL BE ABLE TO PROVIDE SOLUTIONS TO EXISTING PROBLEMS.

Dafzo will make use of the blockchain and smart contact to help solve available and existing problems.
The blockchain happens to be a distributed ledger that has the power to efficiently record tansactions between two parties.

BENEFITS TO STAKEHOLDERS.

There are existing matrix key benefits to stakeholders and they include:
• The ability to import and export without financial intermediaries.
• The presence of lower consignment fee.
• A reverse delivery system.
• The availability of transparency to customers.
• The availability of transparency to auditors.
• The availability of transparency to business.
• The ability to get secured against fraud.
• A single universal platform.
• The presence of a robust technology.

TECHNICAL DESCRIPTION OF DAFZO ECOSYSTEM.

Dafzo serves as a means of providing solution to problems that are related to international shipping and finance and shipping.
Dafzo has been able to collaborate on single platforms, this will help them share data and also optimize resource available for everyone’s benefit.
Dafzo blockchain is a secure and also a transparent means of sharing information between trustless parties.

THERE IS A DAFZO APPLICATION.

The Dafzo application will run properly on the decentralized network and it will be capable of performing every task that can be easily performed by the Dafzo web portal.

THE REASON FOR DAFZO MAKING USE OF SMART CONTRACT IN TRADE FINANCE.

Smart contract which is enabled by blockchain or distributed ledgers, have been a cure for majourity of the problems associated with traditional financial contracts.

THE REVENUE MODEL OF DAFZO.

Dafzo will be able to earn through the following means:
Dafzo charges a transaction fee of 0.5%.
Dafzo will offer a last mile delivery service and earn commission in the process.
Dafzo will add a little small margin by providing an insurance facility of the shipment.
Dafzo might also collect for different services which includes building a customized solution or platform for enterprises.

Biggest challenges Dafzo might face is:

Convincing companies to have the trust Dafzo and the drifting of sales of agreement.

THE LONG TERM PLANS OF DAFZO.

• To become the world’s last mile delivery platform.
• To have a custodian programme that will help users to purchase anything they want across the globe.
• Dafzo will have a global partnership with E-store.
• Dafzo will bring insurance companies to the blockchain.

THE USE OF DAFZO TOKEN.

Dafzo tokens will be used for the following:
• They will be used to pay for logistics services.
• They will be used as a means of payment to custodians.
• It will be a means of payment to issue letter of credits.
• It will be used for importing and exporting to deliver goods.
• It will be used on a business partner platform to book shipment and delivery.

DISTRIBUTION OF TOKENS.

Offering will have 65%.
The bounty program will have 2%.
Referrals will have 3%.
Advisors will have 10%.
20% will be left as reserve.

FUNDS ALLOCATION.

IT infrastructure will have 45%.
Legal unit will have 7%.
Marketing will have 12%.
Operations will have 38%.

THE PRIVATE AND PRE-ICO DETAILS OF DAFZO.

The minimum investment for pre ICO is 1ETH. There will be an exclusive discount rate of 50% which will apply to the original utility token which will be available for purchase during the period of the ICO.
There is a discount rate of 40% which applies to Original Utility Token value, but this will be for only a limited period.
There will be an availability of discount rate of 30% which is applicable for Original Utility Token for only a limited time.
Credited investors can invest a minimum of $10,000 which is for residents of US and Singapore, institutional investors and investors outside US and Singapore, can have a minimum investment of $25,000.
The contact e-mail for Dafzo is : invest@dafzo.io.
In order to participate in the presale, you have to send an email to @dafzo.io.

SOURCE

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Authored by: geeboy88
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