We’re delighted to introduce the world to sofoCap, our in-house developed Blockchain and Smart Contracts based solution designed to streamline Supply Chain Financing, amongst other very crucial processes in the world of Blockchain. Built using permitted protocol HyperLedger and uses Smart Contracts for digitizing processes, sofoCap is one of the most well-sorted supply chain finance solutions globally.
For those of you who may not be aware, Automation in supply chain refers to leveraging popular digital technologies such as machine learning, artificial intelligence, optical character recognition, and so on. This is done particularly to reduce the overall operational cost of delivering any product or service and it is, of course, made sure the whole supply chain finance and blockchain technology solution process is carried out without reducing the overall quality of the end product.
With the implementation of sofoCap, we’ve enabled many lenders and financiers to be able to facilitate the processes of Bill Discounting and Channel Financing with greater transparency on invoices and, therefore, making the whole process less risky. This has also made us one of the most trusted supply chain finance solution providers across the globe. After it’s correctly implemented, our sophisticated solution creates a network where the supply chain ecosystem partners can trade with more transparency, automation, and data availability. And, of course, as said above, the whole process is transparent and less risky than anything else on the internet. Before you make an informed decision, scroll below to take a look at all the key features and other aspects of sofoCap.