Yes, to attract a large userbase they have to offer also conventional payment options but I think at the moment it's possible to pay with ETH, BTC, fiat and credit card.
Yeah! although there is such opportunity, however I think not everyone will be able to invest in Fiat (min $10k in FIAT). 
Topic: [ANN][PRE-ICO] 🚀🚀 ModulTrade : The Freedom To Trade 🚀🚀 - page 45. (Read 91968 times)
well thx to the partnership with alibabas subsidary company, this token will fly to the moon right from the start! mark my words...
Yes, to attract a large userbase they have to offer also conventional payment options but I think at the moment it's possible to pay with ETH, BTC, fiat and credit card.
The Global Revolution in Trade Finance
The revolution in Trade Finance is here. It is happening now and it is being led by ModulTrade – an innovative project, developing a global platform which may soon revolutionize the cross-border trade across the world. Trade finance has long been seen as the preserve of banks to control and manage. Companies, unless they were big multinational concerns were often limited by choice and then forced to accept fee structures that along with currency risk instruments seriously cut into margins and rendered the whole exercise redundant.
No more, the ModulTrade platform effectively smashes the banking cartels and heralds a new era in freedom to pursue trade deals at minimum cost in time, revenue and process management.
The costs, lack of transparency and time taken to establish letters of credit meant the trade finance process was ripe for disruption. In 2016 four students from the Massachusetts Institute of Technology (MIT) decided to challenge the status quo and launch a platform that would connect in real time buyers and sellers of goods, and put back trust into trading relationships.
The team’s bluechip background in commercial banking and commerce meant they understood the workflows and risk profiles, and being entrepreneurs saw the potential of how blockchain technology could deliver a transformational experience and operating system.
The key insight that the team landed upon was the use of smart contracts and how their application in a closed network would act to cover both the purchase and consignment of goods in real time. Advances in tracking systems and wider improvements in blockchains – the team have settled on the Ethereum network – meant that once the underlying architecture had been specced out, ModulTrade were able to move quickly to deliver a minimum viable project and engage with the potential customer.
Since launching the vision for the platform in September 2017 the team has found themselves in continuous discussions with both investors and businesses who seeing the potential of the system have been keen to become customers and backers of the project. In particular in Asia, in the emerging “One Belt, One Road” economic region the reception has proved to be overwhelmingly positive. This month on a recent trip back to China, ModulTrade signed a number of partnership agreements that will not only support the adoption of the platform as core conduit for trade through the region but will act to create an ongoing demand for MTRc, the ModulTrade token.
So as the ModulTrade token sale enters the last phase of completion investors should take comfort from the fact that: the list of advisors has increased and grown with more technical and market experts joining the team as the full benefits of the platform become apparent. The platform has been tested and is now operational, and working to make “democratization” of trade a reality. And that customers, large scale buyer, are engaged with ModulTrade to put orders on the system and stimulate growth.
Ultimately, all investors have to undertake their own due diligence on any project but in the case of ModulTrade, they have more than honored their commitments as set out in their white paper and have driven themselves to realize the vision, without compromise. So the process of transformation in trade finance is happening, the revolution is real and the chance to be part of it, for a short time, still exists.
Source:
http://www.livebitcoinnews.com/global-revolution-trade-finance/
I admire ModulTrade's vision and I do acknowledge the platform's importance in forging a global B2B trade revolution that never existed before.
A little bit less than two day left for the latecomers
The Global Revolution in Trade Finance
The revolution in Trade Finance is here. It is happening now and it is being led by ModulTrade – an innovative project, developing a global platform which may soon revolutionize the cross-border trade across the world. Trade finance has long been seen as the preserve of banks to control and manage. Companies, unless they were big multinational concerns were often limited by choice and then forced to accept fee structures that along with currency risk instruments seriously cut into margins and rendered the whole exercise redundant.
No more, the ModulTrade platform effectively smashes the banking cartels and heralds a new era in freedom to pursue trade deals at minimum cost in time, revenue and process management.
The costs, lack of transparency and time taken to establish letters of credit meant the trade finance process was ripe for disruption. In 2016 four students from the Massachusetts Institute of Technology (MIT) decided to challenge the status quo and launch a platform that would connect in real time buyers and sellers of goods, and put back trust into trading relationships.
The team’s bluechip background in commercial banking and commerce meant they understood the workflows and risk profiles, and being entrepreneurs saw the potential of how blockchain technology could deliver a transformational experience and operating system.
The key insight that the team landed upon was the use of smart contracts and how their application in a closed network would act to cover both the purchase and consignment of goods in real time. Advances in tracking systems and wider improvements in blockchains – the team have settled on the Ethereum network – meant that once the underlying architecture had been specced out, ModulTrade were able to move quickly to deliver a minimum viable project and engage with the potential customer.
Since launching the vision for the platform in September 2017 the team has found themselves in continuous discussions with both investors and businesses who seeing the potential of the system have been keen to become customers and backers of the project. In particular in Asia, in the emerging “One Belt, One Road” economic region the reception has proved to be overwhelmingly positive. This month on a recent trip back to China, ModulTrade signed a number of partnership agreements that will not only support the adoption of the platform as core conduit for trade through the region but will act to create an ongoing demand for MTRc, the ModulTrade token.
So as the ModulTrade token sale enters the last phase of completion investors should take comfort from the fact that: the list of advisors has increased and grown with more technical and market experts joining the team as the full benefits of the platform become apparent. The platform has been tested and is now operational, and working to make “democratization” of trade a reality. And that customers, large scale buyer, are engaged with ModulTrade to put orders on the system and stimulate growth.
Ultimately, all investors have to undertake their own due diligence on any project but in the case of ModulTrade, they have more than honored their commitments as set out in their white paper and have driven themselves to realize the vision, without compromise. So the process of transformation in trade finance is happening, the revolution is real and the chance to be part of it, for a short time, still exists.
Source:
http://www.livebitcoinnews.com/global-revolution-trade-finance/
I admire ModulTrade's vision and I do acknowledge the platform's importance in forging a global B2B trade revolution that never existed before.
If the Alibaba thing is working out, maybe you could also pay with MTR in the future on Alibaba. That would be unbelievable great. Especially for b2b. But with this you could also tie in the customer side aswell and not only b2b exchange.
Would be awesome to use MTR as payment but until now the information about the invest is not detailed. Lets hope for a good partnershipIt will take time and efforts to make mtrc as an alternative payment at alibaba. All depends on how modultrade platform itself will run in the future. If modultrade can survive for a longer time and the demand of mtrc is high, then the possibility is exist.
It doesnt appear as if they're partnered with Alibaba although that works be an awesome partnership for sure
MODULTRADE AND YANGTING INTERNET TECHNOLOGY ANNOUNCE STRATEGIC PARTNERSHIP TO ALLOW SMEs TO EXPAND THEIR GLOBAL REACH
On Friday 26th January 2018, ModulTrade a blockchain based B2B global trade platform and Yangting Internet Technology, an investment vehicle for Alibaba, announce a strategic partnership to support SME customers using the Alibaba experience.
The agreement opens the door for Alibaba customer base to access new markets and find new partners through the ModulTrade Platform (MTP). ModulTrade operate an, order matching, payment and tracking system, using smart contracts on the ethereum blockchain. The system provides transparency and payment certainty without the need for letters of credit or bank guarantees.
The MTP has been designed for use by SMEs and is fully scalable across desktop, tablet and mobile devices and empowers businesses to create, join and manage supply chains knowing that counterparty risk has been removed through the use of the ModulTrade token — the MTRc.
Market participants conduct all business using the MTRc token, which acts to provide proof of funds and support trust across the ecosystem. The use of tokens to support trade and trade finance flows is a significant innovation within the fintech sector and as a result of the agreement is likely to gain greater traction both in Asia and Europe.
Alibaba and ModulTrade will collaborate to support the process of education on the platform and the use of the token, will open a dedicated office in China in Q2 2018, expanding the ModulTrade network of offices in Singapore, Russia and the UK.
Find out more about ModulTrade and our Token Sale at https://en.modultrade.io
Join us on telegram: https://t.me/ModulTradeIO
Follow us on Facebook https://www.facebook.com/modultrade/ and Twitter https://twitter.com/ModulTrade for latest news and developments.
A partnership with alibaba! How did I miss this!
And they only raised around 12m$.
After ico, investors will be very happy i think
It can't keep that little market cap. If the Alibaba thing is working out, maybe you could also pay with MTR in the future on Alibaba. That would be unbelievable great. Especially for b2b. But with this you could also tie in the customer side aswell and not only b2b exchange.
Would be awesome to use MTR as payment but until now the information about the invest is not detailed. Lets hope for a good partnership 
I heard that you're going to collaborate with Yangting Internet Technology, an investment vehicle for Alibaba. Is that true?
Yeap, that's true and it's very good for the project if it reaches China market
good is a bit understatement I think in this case
China is a key market you need. IF you see what china already produces for the world it's insane.
The more partnerships with China the better imo.
That's huge! Was it already officially announced or it's still rumors? That would be a very good partnership. Hope there will be more like this to come!
Yes they have announced it. See here
https://bitcointalksearch.org/topic/m.28988807
I can see why people are confused, because it looks like Modultrade is working with Yangting Internet Technology and that is an investment vehicle for Alibaba. So people seem not sure if the partnership is really with Alibaba
I heard that you're going to collaborate with Yangting Internet Technology, an investment vehicle for Alibaba. Is that true?
Yeap, that's true and it's very good for the project if it reaches China market
good is a bit understatement I think in this case
China is a key market you need. IF you see what china already produces for the world it's insane.
The more partnerships with China the better imo.
That's huge! Was it already officially announced or it's still rumors? That would be a very good partnership. Hope there will be more like this to come!
I heard that you're going to collaborate with Yangting Internet Technology, an investment vehicle for Alibaba. Is that true?
Yeap, that's true and it's very good for the project if it reaches China market
good is a bit understatement I think in this case
China is a key market you need. IF you see what china already produces for the world it's insane.
The more partnerships with China the better imo.
what is the reason for this extension?
Maybe after they announced the partnership with Yangting they expected that more people would become interested in Modultrade and wanted to give them the chance to invest.
They literally wrote why they are doing it. There were requests by some investors who need more time.
A 3 day extension for the ICO is ideal to accommodate requests by investors interested in the project. It is not a lengthy period so I think it would be ok.
If the Alibaba thing is working out, maybe you could also pay with MTR in the future on Alibaba. That would be unbelievable great. Especially for b2b. But with this you could also tie in the customer side aswell and not only b2b exchange.
Partnership with Chinese company and then with one where Alibaba has their fingers in, if this is not a good sign.
Just imagen China is going bullish on Modultrade
Just imagen China is going bullish on Modultrade
it would be amazing if it would be adopted in China and used by Chinese partners. the value of the token would blow up to be sure.
Partnership with Chinese company and then with one where Alibaba has their fingers in, if this is not a good sign.
Just imagen China is going bullish on Modultrade
Just imagen China is going bullish on Modultrade
I heard that you're going to collaborate with Yangting Internet Technology, an investment vehicle for Alibaba. Is that true?
Yeap, that's true and it's very good for the project if it reaches China market
good is a bit understatement I think in this case
I heard that you're going to collaborate with Yangting Internet Technology, an investment vehicle for Alibaba. Is that true?
Yeap, that's true and it's very good for the project if it reaches China market
And very good news that token sake is extended
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