Blockchain Ecosystem

Start : 12th Sep 2019 - End : 30th Sep 2019

Global commerce is burdened by unreliable and largely manual paper-based processes characterized by a lack of transparency and an absence of secure, trusted information. As a result, suppliers, buyers, and transporters involved in international transactions suffer cash flow delays, payment disputes, and difficulty in maintaining liquidity. However, the advent of blockchain technology can eliminate these difficulties, ensuring the validity and security of transactions involved in the global movement of goods and delivery of services. Moreover, by automating payment methods such as letters of credit, it can eliminate inefficiencies, streamline business processes, reduce operational complexity, and reduce transaction costs.

The PrepayWay’s mission is to remove the aforementioned burden by integrating decentralized blockchain and self-executing smart contracts with business processes to introduce a new paradigm in international commerce. Specifically, PrepayWay offers the following:

  • legally binding contract templates developed by legal experts in accordance with the appropriate national laws and regulations and translated into multiple languages;
  • self-executing smart contracts containing coded terms and conditions of the contracts;
  • an integrated gateway for digital and fiat currency transactions powered by licensed escrow partners;
  • cross-border decentralized financing solution;
  • secure storage of records of smart contracts and transactions on a blockchain;
  • efficient and enforceable dispute resolution by SmartArb, the International Smart Mediation and Arbitration Institute.

No single company can unlock the potential of blockchain alone. The PrepayWay Blockchain Ecosystem integrates blockchain with existing business functions, leveraging it to generate value and accelerate growth. The resultant synergy will result in opportunities for strategic partnerships and access to innovative technology. 

Details

Token : INBIT
Platform : Ethereum
Type : Utility
Price in ICO : 1 InBit = 0.01 EUR
Bounty : Available
MVP/Prototype : Available
Minimum investment : 10 EUR
Country : Switzerland
Whitelist/KYC : KYC & Whitelist
Restricted areas : Switzerland, United States of America, Afghanistan, Bosnia and Herzegovina, Central African Republic, Cuba, Democratic Republic of the Congo, Democratic People's Republic of Korea (North Korea), Eritrea, Ethiopia, Guinea-Bissau, Iran, Iraq, Libya, Lebanon
Accepting : ETH
Hard Cap : 5,000,000 EUR

Project Team :

Prof. Dr. Frank Emmert
Prof. Dr. Frank Emmert

Co-founder

Dr. Mihnea Constantinescu
Dr. Mihnea Constantinescu

CPO & Co-founder

Nikolai Kalinin
Nikolai Kalinin

CEO & ?o-founder

Eduard Langebraun
Eduard Langebraun

CFO & Co-founder

Oliver Nedela
Oliver Nedela

COO & Co-founder

Dr. Vahe Sahakyan
Dr. Vahe Sahakyan

Co-founder – investor

Antonio Gurei
Antonio Gurei

Community Manager & Co-founder

Artemiy Haimi
Artemiy Haimi

Marketing Manager

Mosun Oke
Mosun Oke

Legal Development

Sergei Gerasimov
Sergei Gerasimov

Software Development

Vadim Vohmjanin
Vadim Vohmjanin

Software Development

Yiyang Yang
Yiyang Yang

Marketing Lead

Torgom Varzhapetyan
Torgom Varzhapetyan

Business Development

Evgeny Varlamov
Evgeny Varlamov

Software Development

Vladislav Davarashvili
Vladislav Davarashvili

Software Development

Aleksander Kalinin
Aleksander Kalinin

Social Media Manager & Co-founder

Hyo Jeong Chang
Hyo Jeong Chang

Digital Marketing

Anna Nishcheret
Anna Nishcheret

Content Writer & Coordinator

Advisors:

Prof. Vazgen Melikyan
Prof. Vazgen Melikyan

Corresponding Member of RA

Dr. Artashes Karapetyan
Dr. Artashes Karapetyan

Assistant Professor of Finance

Social media sites:

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