What is Coimex?
Chain of Importers & Exporters (Coimex) is the private blockchain platform which enables safe trade for all actors of international business.
International Trade Volume; The global international trade volume has been
increasing to the level of $15,96 trillion as of 2006 – as
216 times as the size of the international trade in 1950.
(Statistica, 2017)
Initially
signed by 24 countries after World War II, GATT has
128 member countries now. The agreement embodies
issues such as reducing tariffsand eliminating trade
barriers on goods. (WTO, 2018)
✓ Secure & Fast Money Transfer
✓ The Relief of Diplomacy Procedures
✓ The Decentralized Characteristics
✓ Blockchain Smart Contracts
✓ Low Costs & Low Time Loss
Before explaining how Coimex is going to contribute to the system, we prefer to mention the possible positive effects of Blockchain on foreign trade sector;
The Blockchain Technology and Smart Contract infrastructures allow us to create an ecosystem impossible to intervene from outside, maximising the credibility of the Coimex users.
What is Coimex?
Chain of Importers & Exporters (Coimex) is the private blockchain platform which enables safe trade for all actors of international business.
Moreover, Smart Contract infrastructure of Coimex will provide a secure transfer system for the exchange of money, documents and assets between the parties of foreign trade all around the globe.
One of the most outstanding features of #blockchain technology is that it is #decentralized. There is not an entity that controls the whole system. Hence, it is impossible for the system to go down after an attack to the center because such an absolute #authority does not exist.