Alethium

About Alethium

Alethium.io operates a blockchain-based B2B marketplace that facilitates secure transactions through an authorized escrow service and verified lab testing for supplement quality. The platform addresses the lack of trust and transparency in the supplement supply chain by providing real-time logistics, automated invoicing, and impartial dispute resolution.

```xml <problem> The wellness and supplement industry faces challenges related to trust and transparency in B2B transactions, including verifying product quality, managing secure payments, and streamlining logistics. Traditional payment systems and supply chain processes often create friction, increasing risks and limiting growth potential for both buyers and sellers. </problem> <solution> Alethium provides a blockchain-based B2B marketplace designed to facilitate secure and transparent transactions within the wellness and supplement supply chain. The platform offers features such as an authorized escrow service to de-risk payments, verified lab testing to ensure product quality, and real-time logistics management to streamline shipping. By integrating these services, Alethium aims to build trust, accelerate transaction speeds, and reduce operational complexities for businesses in the industry. The platform's RapidClose feature offers on-the-fly logistics, immediate EU VAT invoicing, and outsourced dispute resolution. </solution> <features> - Secure escrow payment processing authorized and regulated in the EU and UK. - Integrated logistics for real-time shipping rate calculations and label generation. - Automated EU VAT invoicing. - Third-party dispute resolution managed by an impartial arbiter. - Optional trade finance to allow buyers to purchase on 14, 30, or 60 day terms. - Support for crypto payments with instant fiat conversion. - Credibility assets on product listings. - Verified, third-party lab testing to ensure product quality and safety. </features> <target_audience> Alethium primarily targets manufacturers, wholesalers, and buyers within the dietary supplement and health & wellness industry seeking to streamline transactions, reduce risks, and build trust in their B2B relationships. </target_audience> <revenue_model> Alethium generates revenue through transaction fees on the marketplace and fees for value-added services such as lab testing and trade finance. </revenue_model> ```

What does Alethium do?

Alethium.io operates a blockchain-based B2B marketplace that facilitates secure transactions through an authorized escrow service and verified lab testing for supplement quality. The platform addresses the lack of trust and transparency in the supplement supply chain by providing real-time logistics, automated invoicing, and impartial dispute resolution.

Where is Alethium located?

Alethium is based in Exeter, United Kingdom.

When was Alethium founded?

Alethium was founded in 2022.

Location
Exeter, United Kingdom
Founded
2022
Employees
3 employees
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Alethium

Score: 10/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Alethium.io operates a blockchain-based B2B marketplace that facilitates secure transactions through an authorized escrow service and verified lab testing for supplement quality. The platform addresses the lack of trust and transparency in the supplement supply chain by providing real-time logistics, automated invoicing, and impartial dispute resolution.

alethium.io10+
Founded 2022 – Exeter, United Kingdom

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (<5)

Chris McCormack

CFO and Finance Director

Pino Falcone

Bulk Cannabinoids / White & Private Label / Driving Growth / Sales Operations & Strategy

Company Description

Problem

The wellness and supplement industry faces challenges related to trust and transparency in B2B transactions, including verifying product quality, managing secure payments, and streamlining logistics. Traditional payment systems and supply chain processes often create friction, increasing risks and limiting growth potential for both buyers and sellers.

Solution

Alethium provides a blockchain-based B2B marketplace designed to facilitate secure and transparent transactions within the wellness and supplement supply chain. The platform offers features such as an authorized escrow service to de-risk payments, verified lab testing to ensure product quality, and real-time logistics management to streamline shipping. By integrating these services, Alethium aims to build trust, accelerate transaction speeds, and reduce operational complexities for businesses in the industry. The platform's RapidClose feature offers on-the-fly logistics, immediate EU VAT invoicing, and outsourced dispute resolution.

Features

Secure escrow payment processing authorized and regulated in the EU and UK.

Integrated logistics for real-time shipping rate calculations and label generation.

Automated EU VAT invoicing.

Third-party dispute resolution managed by an impartial arbiter.

Optional trade finance to allow buyers to purchase on 14, 30, or 60 day terms.

Support for crypto payments with instant fiat conversion.

Credibility assets on product listings.

Verified, third-party lab testing to ensure product quality and safety.

Target Audience

Alethium primarily targets manufacturers, wholesalers, and buyers within the dietary supplement and health & wellness industry seeking to streamline transactions, reduce risks, and build trust in their B2B relationships.

Revenue Model

Alethium generates revenue through transaction fees on the marketplace and fees for value-added services such as lab testing and trade finance.