Binkabi company logo
Agriculture commodity trading platform on the Blockchain1-10 Employees
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1-10 people
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VietnamBlockchainsChinese Language StudentsSouth AfricaNigeriaFin Tech
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Binkabi is being developed out of our Founder's real-life experience of growing up in 1980s Vietnam, spending a career in high finance but eventually opting for growing foods in Africa for the last 6 years. If financial markets failed ordinary people in the developed world then the agricultural markets are failing ordinary farmers in the developing world. The only difference is that these farmers don't have a voice — it is a silent crisis. Binkabi starts with the segment of the international supply chain where we can make quickest and highest impact — import and export of agrifood products. We will develop a marketplace of end-buyer and end-sellers of commodities. This will help reduce intermediation in trade, distributing profit more widely in the value chain. It consists of a settlement system where buyers pay and sellers receive in their respective local currencies through Barter Block, a smart bartering mechanism. We will leverage blockchain technology to solve the trust issue in international trade, while keeping costs down for our members.

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