Latest posts of: Tallyx

Tallyx – Simplifying global trade

Our vision is to simplify global trade transactions for every buyer, seller and financier, by creating a level playing field and delivering value through a global trade platform. We will do this by:
establishing a foundation protocol for Trade, accelerating the world’s transition to frictionless global trade with a new business model based on “smart contracts and tokenized smart obligations, transforming Supply Chain and Distribution Finance by creating a decentralized marketplace that connects the demand and supply for financing of trade, handing control back to buyers and sellers through a credit rating and peer review system implemented as a Reputation Avatar.

The Trade Obligation Protocol (TOP) is an open protocol for businesses to manage seller’s fulfillment obligations against buyer’s payment obligations while also facilitating settlements and adding liquidity to the market. TOP brings business obligations standards and well thought decentralized infrastructures to enable easy adoption to facilitate progress to reach critical mass for any TOP supported ecosystem such as Trade Finance, Insurance and Syndicated Lending.

Toki is an asset-backed token (ERC 721) which can be branded/customized for anchor clients so their tokens can be better recognized and accepted in the marketplace. TOPP is an ERC-20 utility token that will be implemented on the Ethereum Platform, which allows seamless wallet-to-wallet exchange. In addition to buying TOPP tokens during ICO, participants will also be able to buy them through online substitution exchanges.

As part of the Tallyx TOP Series, TOP supplychain (T-SC) enables buyers and sellers to better manage their end-to-end trade processes while providing them with many opportunities to automatically raise working capital across various SCF programs. It leads the new standard of interoperable tokenized assets when listing in a digital marketplace, like TOP marketplace (T-MP), Tallyx's leading digital trade assets marketplace with the goal to unlocking working capital for global trade. We position T-MP as network of networks that will interconnect multiple walled gardens. In order to address the “double spend” issue for financing institutes around the world, T-MP also acts as an open global lien registry which provides registration and inquiry of any underlying trade assets being financed.

Tallyx TOP ecosystem provides one stop services for corporates’ working capital needs as well as collaboration with their trading partners.