The solution is TITA, a decentralized-blockchain powered ecosystem. It offers local as well as global trading of commodities and solves the basic as well as sophisticated problems associated with the trading of these commodities.
Targeting the market of different commodities, this organisation resolves all trading drawbacks by featuring the trade of the same commodities on its platform. TITA is employing its blockchain technology to build the biggest customer and trader platform and coordinating all activities of buying and selling of the commodities.
There are tokens generated by the TITA platform that embed all the requirements into it which can be used by the clients later to purchase or sell goods in global market. The platform will organise the token sell soon and a fat amount of tokens will be directed for crowdsale.
The uniqueness of the TITA network is grasping the attention of many investors to join hands with profitability. Huge resources have been invested to build the unique design to be launched for operating in the commodity market.
The decentralization and smart contracts are its strongest elements that bestow the real energy to its functionalities.
ABOUT TITA PROJECT
Food prices are soaring and there is a lot of struggles with getting the right price for the commodity. IF you have a product then you should be checking the layers of production. Like manufacturing, packaging, the consumer should get the product in right time.
Which never happens with the traditional system, people are struggling to make money and it’s always loss for the seller. How can this problem be solved? There is no right technology being used and cash settlement never happens on time, this in turn affects the production and degrades the economy of a country.
There should be a master place something like TITA project which can solve the cash settlement problem and this is completely decentralized platform meaning no one owns this platform. There is not much struggle to get your money back when you are using the ethereum block-chain.
Smart contracts are powerful and make the work possible on its own. Imagine if you can connect the crypto world and the commodities world, then it’s going to be super easy. You can trade from anywhere and you can a be farmer or manufacturer or supplier or trader, you get the right price.
This is a peer to peer marketplace and as well as exchange. I have never come across an idea like this before which combines the power of both worlds (Crypto and Commodity) and it’s the future. This is a utility token which the value rises in price over time and right now it’s around 0.1 cents based on ERC20 platform and you need to send ethereum to get this token, make sure to use my etherwallet or meta mask wallet.
This project would help connecting more people and knowledge about the commodity trading. Check out their team and more information from the website.
BLOCKCHAIN TECHNOLOGY ON COMMODITY TRADING
A Blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the records cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
Applied correctly, the innovation has the potential to boost commodity prices, open up channels of trade between buyers and sellers that have until now have been perceived as credit risks, and provide more transparency and liquidity to a market that has slowly lost favor among financial institutions. Blockchain can help commodity traders transcend conventional market barriers. It also ensures timely settlement, expedites capital allocation and provides proof of collateral.
TOKEN DETAILS
Symbol:➞ TTN
Hard Cap:➞ 87,500,000TTN
Soft Cap:➞ 5,000,000TTN
Total supply:➞ 250,000,000 TTN
Decimals:➞ 18
Max circulating supply:➞ 87,500,000 TTN
Tokens for sale:➞ 87,400,000 TTN
Token price:➞ $0.1 USD
Technical specifications:➞ ERC20 token
Token sale date:➞ July 27th 2018
Token sale time:➞ 13:00 UTC
Sale duration:➞ 2 months (or once hard cap is reached)
WEBSITE: https://titaproject.io/
WHITEPAPER: https://titaproject.io/whitePaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4508764.0
FACEBOOK: https://www.facebook.com/TITAproject/
TWITTER: https://twitter.com/Titaproject
TELEGRAM: https://t.me/joinchat/G-HplkaTMCvs9Xv-NrilaQ
Sany77
https://bitcointalk.org/index.php?action=profile;u=1762851
0x6f7DD8A51DB09908B0523089f679dB15cb1f16f5
