True digitalisation of all transactional administration in the trade value chain through smart legal contracts.
Sector: Commercial • Location: Ireland
Source: EU Funding & Tenders Portal
QuidProQuo is an ecosystem of intelligent, integrated platforms and services that enable true digitalisation of the trade value chain. We are starting with trade settlements, payments and finance. QuidProQuo removes all low-value transactional administration from the trade value chain for any enterprise. This can save up to 12% of their revenue. It also provides trade finance for SMEs. The trade
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | ended |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | QuidProQuo is an ecosystem of intelligent, integrated platforms and services that enable true digitalisation of the trade value chain. We are starting with trade settlements, payments and finance. QuidProQuo removes all low-value transactional administration from the trade value chain for any enterprise. This can save up to 12% of their revenue. It also provides trade finance for SMEs. The trade finance market is worth $9t annually, however there is an unmet demand of $1.6t. We have completed over 60 customer discoveries with enterprises of various sizes and industries. These demonstrated a clear demand for QuidProQuo. We are now working towards identifying pilot customers. QuidProQuo will be sold to enterprises involved in trade settlements and finance, and other stakeholders. We will charge a 1% commission to trading enterprise on the value of payments. Our first commercial targets will be trading firms in the EU and the US where we currently have a presence We have a world-class team drawn from banking, law, technology, and business management, so are uniquely positioned to deliver our vision. Key partnerships secured: Launchbadge for with turn-key development capacity for our distributed ledger technology. Projected sale volume in 3 years: €600m cumulative gross profit 3 years following commercialisation. ROI: 120x the investment of €5m needed to reach commercialisation. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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