UDAP Foundation is excited to announce that one of the leading Chinese supply chain finance company, L.S. Investment Co., Ltd., partnered with UDAP to explore the opportunities of using blockchain technologies to help thousands of small companies to solve the cash-flow liquidation problems.
L.S. Investment (http://www.upstair.cn) providing financing services for trading and logistics companies like Yihai Kerry(http://www.yihaikerry.net) (a Wilmar company) , Meicai(http://www.meicai.cn) ,etc. In supply chain business, how to make sure venders are in healthy financial condition, how to make sure the provided goods are in good condition to get financial needs, those are problems that venders are facing. Blockchain is a good technology to solve those issues.
Using UDAP’s blockchain solutions, L.S. can easily make a technical platform for each of the venders to trace the current status of the goods and its histories, to know better of the physical conditions, so L.S. can easily make a decision to providing the financial services based on the information.
L.S. Investment was founded in 2015, which focuses on supply chain finance, business real estate, farming and investment etc. It’s main clients are Yihai Kerry and Meicai, and partnered with most of the Chinese bankers.
UDAP is a blockchain-based asset protocol that sits between applications and public blockchains to provide Restful APIs and an “Asset Wallet” for application developers to create powerful blockchain based applications without writing any smart contracts.
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