Description
Founded in 2014, Skuchain is a Silicon Valley based blockchain company providing an end-to-end platform for trade and supply chain management. It provides inventory financing and control using blockchain technology, aiming to empower buyers with control over their inventory, provide sellers with working capital relief, and track assets with real-time cryptographic precision. The platform's core includes digital assets like Popcodes (ERC-1155 multi-tokens for inventory quotas) and DLPCs (Distributed Ledger Payment Commitments) for secure trade instruments. Skuchain also offers a marketplace for these tokenized assets. Recognized as a World Economic Forum “Technology Pioneer,” Skuchain's clients include major corporations such as Mitsubishi Corporation, NTT DATA Corporation, and Siemens AG. Through partnerships, they have implemented blockchain-based trade instruments for banks like MUFG, BMO, NBC, and RBC, and are backed by investors including NTT Docomo Ventures, Blockchange Ventures, and Digital Currency Group.