Kratos Platform Launched
Trade Discovery (includes Risk Management) Module Goes Live
Singapore — June 1, 2019 — Triterras, a fintech company focused on trade and trade finance, announced today that Kratos, its long-anticipated platform designed for commodity trading has gone live.
Kratos™ is an Ethereum-based blockchain enabled platform that is targeted to the needs of the small and medium sized enterprise traders. The platform totally digitizes the international trading process, and enables traders to reduce overhead costs, mitigate risk, and protect against fraud. This leading edge blockchain technology creates an environment of trust between parties, while reducing the cycle times involved in complicated international trade transactions.
“We are tremendously excited about the prospects for Kratos™,” said Srinivas Koneru, Chairman of Triterras. “We identified a set of compelling industry needs that could be readily solved by informed blockchain technology back in 2017. We believed that we can transform an industry and after two years of hard work and investment, we believe we have a trading platform that is revolutionary.”
Cheam Hing Lee, Triterras CEO, added: “We are quite excited about moving our Rhodium trading business onto the Kratos platform. In our testing over the last few months, we have confirmed the tremendous operational advantages that accrued from digitizing our business on Kratos™.”
Triterras Pte. Ltd.
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