Why multiple buyer/seller view on a single screen is important for a trader?
A typical trader is always looking to squeeze out one additional cent of profit in every trade and in fact, that’s what usually characterizes a good trader. Access to information on demand and supply, shipping costs, various buyers and suppliers helps the trader make a well-informed decision and to maximize the profit and minimize risk.
But believe me, the task is daunting. Commodities trading is a complex process which involves several stakeholders. A trader, for a single trade of single buyer and seller, deals with more than 24 parties and with over 40 sets of documents.
Imagine there are three buyers for a single commodity. The complexity increases by threefold with different incoterms, shipping terms and payment modes. Several MS excels and piles of documents assist him in making this complex trade. Confusion and difficulty and tracking get associated with that trade, even for future references.
What if we told you there is a simpler and faster way?
KRATOS™ allows you to manage and trade with multiple buyers/sellers (involved in a single trade) in a Single trade window. With just a click, all the relevant information for counterparties are available in a simplified view. Multiple trades are no longer complicated with KRATOS™. It’s faster, efficient and hassle-free.
About Kratos
Our Flagship product KRATOS™ is a decentralized commodities trading platform. KRATOS™ is built on Ethereum and it uses smart contracts to remove the need for unnecessary middlemen and paper documentation, to enhance transparency and efficiency as well as to lower the cost and time involved in the trade process. Currently, in the beta testing phase, KRATOS™ will be released soon.
Email us at contact@triterras.com
