Jobs at Credore
A standardised and paperless IT infrastructure for the financial supply chain management stakeholders who wants a multiparty collaborative ecosystem with transparency and speed. And the platform can reduce the execution cycle by 50% and can save 20% of the financial institutions income. Currently the trade finance ecosystem does not work that well as it should have been, particularly for the millions of smaller businesses that drive the global economy. The size of global trade finance ecosystem is $5.2 Trillion. A recent Asian Development Bank in collaboration with World Bank group study estimated that the gap in trade finance availability reached $1.7 trillion in 2021, which is 20 percent of the size of global trade finance ecosystem. That’s the problem the team of Credore is solving by building a blockchain based end to end standardized and paperless infrastructure for supply chain finance that will make all the stakeholders (such as Banks, Buyers, Sellers and factoring companies) collaborate and execute the SCF specific deals with speed and transparency.
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