Tru Market develops a blockchain-based marketplace that provides real-time traceability and financing for global trade, enabling secure transactions between growers and buyers. The platform addresses inefficiencies in supply chains by linking smart contracts to key milestones, reducing risk and enhancing transparency in international trade operations.
Funding
$530K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Global trade suffers from a lack of transparency and traceability, creating inefficiencies and risks for growers and buyers. Traditional supply chains often lack real-time visibility, making it difficult to track products and ensure secure transactions. Access to financing can also be challenging, particularly for growers in emerging markets.
Solution
Tru Market offers a blockchain-based marketplace designed to provide real-time traceability and financing solutions for global trade. The platform connects growers and buyers, enabling secure and transparent transactions through smart contracts linked to key milestones in the supply chain. By tracking orders in real-time and providing detailed information about export operations, Tru Market fosters trust and strengthens business relationships between all parties involved. The platform also facilitates access to financing through smart contracts that are triggered upon the successful completion of these milestones.
Target Audience
Tru Market targets growers and buyers involved in global trade, particularly those seeking increased transparency, traceability, and access to financing.
Features
- Blockchain-based platform for secure and transparent transactions
- Real-time tracking of orders and key milestones in the supply chain
- Smart contracts linked to milestones for automated financing
- Detailed information on export operations for all parties
- Direct connectivity between exporters and buyers