TITA - A Decentralized Network for Globally Traded Commodities & Finished Goods (Part 2)

in #titaproject6 years ago

The TITA Ecosystem

The TITA center

TITA Project's center - a decentralized network designed to operate like an e-commerce marketplace where raw materials and their finished products intersect with their respective producers, buyers, sellers, suppliers, distributors, and other agents of trade. In this way, users would be able to have a good product visibility and ensure that high-quality standards, transparency, and transaction ease are met with the use of smart contracts and the power of the blockchain technology.

The TITA Exchange

TITA’s exchange is going to be a decentralized commodity trading exchange designed to provide robust trading services due to real-time connections with various commodity global trading floors around the world thus giving best possible prices and user experience for a trading futures contract. The use of robotic API’s is implemented to enable automatic and semi-automatic trade executions for users.


This image shows how TITA's ecosystem will be working

The TITA Token

The TITA token will be referred to as “TITA” and will be issued to serve as fuel for the ecosystem. The TITA Token is considered the most valuable asset on the network. TITA token is going to take the form of exchanging on the platform to give incentives to users, to encourage trade and to build a trustless platform (escrow) to facilitate market activities, provide a database for Producers, Manufacturers, Supplies and other agents in the Supply Chain Circle.

TITA token will also be used as the staking unit for selecting block producers, as well as a single medium to pay for costs incurred by the TITA Network.

Roadmap

Team

Useful links

WEBSITE: https://titaproject.io/
WHITEPAPER: https://titaproject.io/whitePaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4508764.0
FACEBOOK: https://www.facebook.com/TITAproject/
TWITTER: https://twitter.com/Titaproject
TELEGRAM: https://t.me/joinchat/G-HplkaTMCvs9Xv-NrilaQ


Author: @fvafhae
Bitcointalk(Fvafhae_): https://bitcointalk.org/index.php?action=profile;u=1461409

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