Website

Versara Trade (VXR)

ICO

Published: Jul 23, 2018

Versara is a trade finance platform powered by Crypto Credit Enhancement™. Versara brings equanimity & transparency to the trade finance industry by leveraging Crypto investors to provide credit enhancement.

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Overview

Project industry	Trading & Investing
Product type	Platform
Whitepaper	Open

What is Versara Trade

Versara is a blockchain-based trade finance platform. The team aims to streamline communication between sellers, buyers, lenders and guarantors. The solution is supposed to improve traditional factoring and asset based lending by offering cryptocurrency as extra collateral. The Versara platform will organize invoice receivables into structured asset pools. Crypto-guarantors will be able to offer their cryptocurrencies as collaterals for fiat lenders.

The Versara Token (VXR) will be used for rewarding the platform participants. Crypto-guarantors will also be able to use VXR.