Distichain is a B2B ecommerce marketplace, applying blockchain and AI to offer participants secure credit terms. Distichain integrates KYC, logistics, banking and insurance for seamless transactions. Distichain was developed by Quanterium in Oct 2017 and was created as a separate business entity in Mach 2019.
Distichain aims to become an integral platform in the global supply chains by connecting manufacturers, wholesalers, distributors, retailers, insurers, logistics providers, and banks through legally binding and financially supported smart contracts within a highly secured environment.
Distichain smart contracts clearly define roles and responsibilities of buyers, sellers, service providers, and Distichain. The smart contracts backed up by blockchain trade finance secure credit given by sellers, eliminating all default risk. Integration of logistics, banks, and insurance companies eliminate intermediaries and minimize cost.
Conceptualization & Idea Formation.
Industry research & analysis.
January - June 2019
Signing on LOI for pilot.
July - September 2019
Token generation Presale.
Ecosystem development Partnerships.
Conferences and promotions.
October - December 2019
3rd party blockchain integrations
Partnerships & listing.
Dubai MEA office opening.
January - June 2020
Consumer electronics category launch.
Introduction in 3 new offices: Singapore (APAC & China), London (Europe), Miami (America).
Product enhancement 24/7 call centre support Mobile application.
Introduction of 3 new categories (Beauty, Fashion, Fast moving consumer goods).