Overview

SHOPXING

Information by TrustFinance researcher

http://shopxing.io
Shopxing™ innovates as the international business-to-business (B2B) marketplace platform connecting suppliers of "alternative trade deals" (countertrade) with buyers across the world. Countertrade is an alternative means of structuring an international sale when conventional means of payment are difficult, costly, or nonexistent. These types of transactions have been filled with paperwork, high fees, geographic limitations & 3rd party distrust. Shopper Crossing International (SHOPXING™) innovates this common practice by proposing usage of our decentralized marketplace and permissioned distributed ledger technology to streamline & automated B2B countertrade transactions for goods & services, giving businesses the ability to conduct countertrade deals with other businesses anywhere in the world while ensuring it cost effective and friction free for all participants. Shopxing.io supports all types of countertrade deals including: Barter, Compensation trading, Switch-trading, Counter-purchase, Offset and Buy-back. The stakeholders involved during most countertrade deals consists of buyer/seller (B2B), banks (letters of credit), shipper/transporter, ports of authority/customs and insurers. Benefits of B2B countertrade include ensuring a continuation of the flow of imports, opening up of new markets for surplus products and bringing about greater export diversification. In most cases countertrade serves to dispose of surpluses and break down price barriers. Transactions on shopxing.io include lifetime transaction assurance & protection against unfair & deceptive trade practices, fraud & friction.
Founded in
United States

United States


Industry

    Crypto

  • CryptocurrencyPRIMARY

    Financial

  • Other Service