The TITA Project is aimed at creating a decentralised ecosystem on the basis of blockchain mechanism which gives its users an opportunity to buy and sell both locally and globally traded commodities and end user’s goods. The goal of the project is the creation of a solid infrastructure that will tackle the questions of trading commodities and finished goods.
Which problem is TITA solving? TITA’s team is going to solve a significant problem. In today’s world centralized trade barriers and structures have reduced trade transactions, indirectly limited access to raw commodities, created price manipulation by governing bodies and have painted the commodity market as not risk worthy. This has caused a lot of harm to this market and the problem inadvertently will still continue to grow.In order to solve such a huge problem, TITA prepared a very interesting solution.
TITA’s solution: The TITA Network - which powered by the Blockchain and the use of Smart contracts. The TITA Network's ecosystem (TITA CENTRE and TITA EXCHANGE) will be driving to Increase the Efficiency of the Supply Chain of finished or unfinished goods, Bridges Asset Investments diversifies risk in the commodity Market and provides enhanced financing for producing communities and sensitize trade hubs.
The TITA Project has a strong value proposition to Commodity Exchanges, Finished goods Market, Manufacturing Organizations, logistic companies, security companies providing services for commodity trade, clearing houses, agents, buyers and sellers alike.
TITA Center. This is a decentralized network - the e-commerce market, where raw materials and finished products intersect with producers, consumers, sellers, suppliers and other traders. Blocking and Smart contracts will ensure transparency of trade relations, as well as the quality of goods and services delivered. The scheme of the TITA Center is shown in the figure below.
TITA Exchange. The platform will implement its decentralized exchange, which will ensure the reliability of trade services with their connection to various global trading platforms in real time. This will ensure the best price and convenience of trading futures contracts. The use of robotic APIs is implemented for automatic and semi-automated trading operations for users.
