SellBloc Introduces the V-nT Platform
a decentralized P2P/B2B Platform that allows small business to trade securely abroad without Bank or Distribution middleman interference
What is SellBloc Inc.?SellBloc is a decentralized Business Development, Management & Marketing Organization. We create, manage and invest in blockchain projects that are essential to challenging the status quo of banks, big government and big business. We then market, sell and develop the idea to the masses. We are about disruption.
Our first project is
V-nT: A Decentralized Import-Export Network for Small Business.
The V-nT PlatformV-nT is a decentralized peer to peer network or platform for Small Business utilizing Zero-Sum Game Escrow transaction and payment systems executed on the bitcoin protocol. All communication and transactions are peer to peer. This keeps the process transparent, immutable, safe, reliable, trustless and durable with faster transactions at a lower cost. Decentralization is the process of distributing or dispensing functions, powers, people or things away from a central location or authority. Each peer makes local autonomous decisions towards its individual goal. Peers directly interact with each other and share information or provide service to other peers. Any peer can enter or leave the system at any time. There is no middleman.
"Zero-Sum Game" EscrowZero-Sum Game Escrow is based on the theory of deterrence, which holds that the threat of using strong weapons against the enemy prevents the enemy’s use of those same weapons. The strategy is a form of Nash equilibrium or Game Theory in which, once armed, neither side has any incentive to initiate conflict. The doctrine further assumes that neither side will dare launch a first strike because the other side would launch on warning resulting in unacceptable losses for both parties. The payoff is global peace.
SellBloc’s proposal is as follows: Both buyer and seller deposit equal funds into escrow. Both buyer and seller must mutually sign off on the completed transaction for monies to be released. This is also time based. The buyer makes an offer with an expiry date. If the seller fails to accept the offer before expiry time is reached, the offer is automatically cancelled and the deposit refunded to the buyer. If the seller accepts the offer (within time frame), he then matches the buyers deposit and a new transportation expiry date is initiated. If goods or services are not delivered within time frame, that party is penalized by losing their sell escrow deposit. The same holds true if the buyer receives the shipment and claims to have not. He is penalized and loses their buy escrow deposit. Both sides are protected and penalized alike. First strike/fraud is discouraged. Neither side has any incentive to initiate conflict.
Demand Chains vs. Supply ChainsV-nT tokens will be used as identifiers for the supply chain, intellectual property, trademarks and trade. The network allows users to attach these digital tokens to physical products as they progress along the production, shipping, and delivery phases of a supply chain and transfer title to them between different players. This will give small businesses far greater flexibility to find markets and price risk, by capturing the value that they have invested in the process at any point along the chain. What we end up with are dynamic demand chains in place of rigid supply chains, resulting in more efficient resource use for all.
P2P Tools and Resources
V-nT is also decentralized tools and resources:
Customs Brokers
Regulatory Associations and Bodies
Import/Export Consultants
Placement services
Crowd Funding/Charities
Programmatic/Social Media Marketing firms
Public Relations firms
International Trade resources
Translation Services
International Trade Consultants
Freight and Transportation services
Warehousing and much more
WEBSITE:sellbloc.comWHITE PAPER v.1https://sellbloc.com/SellBlocWhitePaper.pdf
Join the Telegram channel https://t.me/Ventplatform
Participate in the Telegram Grouphttps://t.me/joinchat/HuCVrBHj8b0cd49bjY9pGA
Twitter:h
ttps://twitter.com/tarmediahttps://twitter.com/SellBlochttps://twitter.com/vntplatform LINKEDIN:https://www.linkedin.com/in/adrian-brathwaite-3441551a/ Detailed info on Coin and Wallet coming soon
