ModuTrade and Yangting Internet Technology announce strategic partnership to allow SMES to expand their global reach

On Friday 26th January 2018, ModulTrade a blockchain based B2B global trade platform and Yangting Internet Technology, an investment vehicle for Alibaba, announce a strategic partnership to support SME customers using the Alibaba experience.

The agreement opens the door for Alibaba customer base to access new markets and find new partners through the ModulTrade Platform (MTP). ModulTrade operate an, order matching, payment and tracking system, using smart contracts on the ethereum blockchain. The system provides transparency and payment certainty without the need for letters of credit or bank guarantees.

Alibaba and ModulTrade will collaborate to support the process of education on the platform and the use of the token, will open a dedicated office in China in Q2 2018, expanding the ModulTrade network of offices in Singapore, Russia and the UK.

Find out more about ModulTrade and our Token Sale at https://en.modultrade.io

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