Many SMEs unbanked, they are difficult to access fresh fund from formal intitution, they also need a lot of cash to enter global market. if there is platform that emphesize in developing SMEs, many start up will plunge into the platform? How Kratos work for that problem? WIll kratos be brake the barrier why SMEs not easily to grow?
We are focussing on SMEs in Commodity Trading industry. These SMEs have the trades but are not able to source trade finance due to lack of credit history or trade history. Currently, if you don't have the relationship with the bank, they look at the organization risk profile while financing a trade.
For developing countries, where the requirement of Trade finance is highest, a financier from the Developed country will not have the history of the trader and there is a lack of trust between the two parties. The credit norms of countries are different, much more stringent in developed countries and hence the trader from developing country will not be able to get trade finance.
KRATOS solves the challenge by bridging this gap, bringing trust with blockchain in a non-trusting industry.
