Trade Digitization for Ibadan
TradeDigitization.com has been providing Local Merchant Services since 2017. Digitizing Trade helps avoid delays.
Ibadan.Trade
IBM Digital Trade Services
IBM Digital Trade Services also provided including: Blockchains-As-A-Service; Food Trust; Internet Of Things; Transparent Supply
Your Local Logistics Provider
Being Appointed
Part of the TRADE GATEWAYS Network from TradeDigitization.com
Ibadan.Trade is a co-operation between TradeDigitization.com and FADU, the Farmers Development Union with over half a million members, whose headquarters is in Ibadan.
TradeDigitization.com operates Marketplaces.Trade which is powered by TradeKey, the world's largest B2B Marketplace, as a co-operation with TradeDigitization.com
Ibadan.Trade can help with co-ordinating Buying and Selling Groups, assisting with export sales, and facilitating the obtaining of Finance for Trade.
Facilitating Ibadan Trade
Ibadan is the capital and most populous city of Oyo State, in Nigeria. It is the third-largest city by population in Nigeria after Lagos and Kano, with a total population of over 3 million people within its metropolitan area. The UN states that Ibadan is one of the fastest-growing cities in sub-Saharan Africa. It is also ranked third in West Africa in the tech startups index.
The TRADE GATEWAYS Network provides Vertical and Regional Trade Gateways that facilitate transactions that emanate from Marketplaces.Trade, by providing a Trade Digitization infrastructure Via Designated Warehouses and Logistics Centres. The intention is that Ibadan.Trade facilitates such an infrastructure for Ibadan. An essential part of such infrastructure provision, is the Digitization of Warehouse Receipts. Ibadan.Trade has an infrastructure for this, that is authenticated by the fact that Documents can be digitally signed from the verifiable IP Address of Ibadan.Trade.
Digitization of warehouse receipts has revolutionized the landscape of warehouse receipts, making them more secure, efficient, and accessible. Digital warehouse receipts eliminate the need for physical paperwork, reducing the risk of loss, damage, or forgery. By featuring Digitized and authenticate warehouse receipts, Ibadan.Trade can serve as a virtual warehouse, and help facilitate Trade and Trade Financing.
The ability to use warehouse receipts as collateral for loans is a game-changer for many businesses, especially small and medium-sized enterprises (SMEs). SMEs often face challenges in securing traditional financing due to a lack of substantial fixed assets or credit history. By leveraging warehouse receipts, these businesses can demonstrate tangible assets to financial institutions, thereby improving their credit worthiness. This not only facilitates easier access to loans but also allows for more favourable lending terms, such as lower interest rates and extended repayment periods.
Digitizing Farms as Assets to Help with Funding
It is hard for farmers to get funding using their land as collateral, as ownership of land can be opaque and hard to easily verify. This has trapped assets and the release of capital. Tokenization can help provide access to digital asset-backed loans for farmers. Tools for this are provided at Ibadan.Trade to help get much needed financing.
Venture Capital Funding Provision by TradeDigitization.com
Venture capital funding will be provided by TradeDigitization.com for the following projects being planned as a co-operation with FADU
1. Farms.Trade:
Features of Farms.Trade will include facilitating and funding Buying Groups for for purchase of inputs by farmers so that they can benefit from the reduced prices provided by buying as part of group purchases. Farms.Trade will also assist with Crop Exports.
2. Microfinance.Money
Facilitating and Funding Microfinance Provision, and also working with Third Party Providers in this Regard