TALLYX – at the 'TOP' of their game

PRINCETON, N.J. - Aug. 10, 2018 - PRLog -- Tallyx is simplifying global trade for every buyer, seller, distributor, and financier in the world.

We are
- establishing a Trade Obligation Protocol (TOP), which is an open protocol for businesses to manage seller's fulfillment obligations against buyer's payment obligations while also facilitating settlements and adding liquidity to the market.
- building a Tallyx ecosystem with 3 DApps ‐ Client OnBoarding(COB), Financial Supply Chain(FSC) and Smart Asset Marketplace(SAM).

We thereby address the 'old world' problems of the trade finance industry of erosion of trust, an underserved SME market, trade fraud, and, global supply chain inefficiencies.

We leverage the 'new world' opportunities of decentralization, unification of offerings for buyers and sellers and flattened costs.

Our global trade platform is based on the core principles of 'Financial Inclusion', 'Business Equilibrium', 'Liberate Working Capital', 'Trade with Trust', 'Smart Digital Experience' and a 'One-stop Marketplace'.

As observed by Don and Alex Tapscott, "The technological genie has been unleashed from the bottle to transform the economic power grid and the old order of human affairs."

We dare to make that a reality -  then, and now.

Tallyx Inc. was formally incorporated earlier this year, but the journey began two decades ago. Our founders dared to re-imagine how trade finance could be extended from the confines of banks, out to corporate treasurers, and won acclaim from global and regional banks like Citi, ABN Amro, Rabo, UniCredit, DBS, OCBC and many others in both traditional trade finance and global supply chain finance. After three successful exits then, we are back together. Our blockchain journey started in early 2017 with key members of our team pushing Hyperledger to its limits - when applied to global trade finance. We are based out of Princeton, New Jersey with a Lab in Bangalore.

The Tallyx White Paper is out. To know more, contact us!
https://tallyx.com/