Details

Last Funding Type

Seed

Last Funding Money Raised

£1.25M

Industries

Blockchain,Consumer Software,Financial Services,FinTech,Information Technology,Machine Learning,Retail,Software,Trading Platform

Founded date

Dec 30, 2016

Number Of Employee

11 - 50

Operating Status

Active

Satoshi Systems is aimed to provide a commodity trade finance solution for Small and Medium-sized Enterprises. The resolution is to make access to be more transparent and affordable, by implementing Artificial Intelligence (AI) and Machine Learning (ML) technologies into the market.

The newly developed trading platform allows all parties to interact within the commodity stakeholder trade network. The solution offered would eventually reduce the paperwork proceedings, letting all the counterparties - traders, warehouses, financial institutions and legal authorities to interact without a middle office, saving both time and high expenses. Along with time and cost efficiency, the application of AI and IoT (Internet of things) technologies permit SME to get rapid legal feedback on the data provided - whether it is a warehouse/product risk profile or tenor integrity.

Adjusting Blockchain and Internet Of Things to the traditional Web Development tools will provide an automated deal flow throughout the secure trade marketplace​.