MaatChain (MTC) -a BlockChain Trading Platform-

MaatChain (MTC)

 Sunset at Patagonia - Argentina 


 

MaatChain (MTC) is the first blockchain-based platform infrastructure for the trading of  “spot” and/or “Over the Counter” –OTC- commodities  market

MaatChain (MTC) aims to revolutionize a global market representing more than 2 trillion USD of trade per annum, by providing a decentralized platform that will be open to all, allowing small and big players to take part in the trade

 

Commodities trading plays an essential role in the global economy. Commodities markets are a venue, where producers, intermediaries and end-users come together to set or discover prices for basic raw materials used in production and tion of goods at the wholesale and retail levels. Although some of production and consumption goods can be traded for BlockChain, there is no commodities trading venue where basic raw mater- ial commodity contracts are priced, margined and settled with BlockChain.

 

To enable global trade in BlockChain, there needs to be a standardised offering of commodity derivatives on exchanges linked to BlockChain as a currency. For global trade to begin taking shape in BlockChain, exchange traded commodity contracts must also become available for physical delivery shaping “trading partners ecosystems.

 

MaatChain (MTC) Infrastructure


 

MaatChain (MTC) is a blockchain technology infrastructure platform using artificial intelligence, and Smart Contracts.

 

MaatChain (MTC) trading commodities platform that dramatically lower the fees in comparison to the existing commodity exchanges, making it easier and more profitable for all stakeholders to trade derivatives on food and raw materials. All traders worldwide will have equal access to the platform – no special advantages such as co-located servers or better fees for the biggest players.

 

MaatChain (MTC) will provide standard and well-defined processes that will make payments, clearing and settlement processes more efficient, leading to cost and fees reductions and increasing traders’ profits. KYC and AML processes will be made more efficient thanks to artificial intelligence / machine learning.

 

MaatChain (MTC) Blockchain technology has the potential to transform commodities value chains, providing seamless, automated tracking, planning, and execution of commodity trades regardless of how many different participants are in the chain.

 

According to official estimations the potential savings from applying blockchain technology to global supply chains is over $100 billion annually, and a substantial portion of it deals with commodity movements.

 

MaatChain (MTC) Infrastruture provide complete data transparency.

 

MaatChain (MTC) contributes to the solution by allowing anyone to buy and sell those fundamental products, irrespective of their country or wealth. Commodity market participants can register onto MaatChain (MTC) Infrasructure the transfer of goods on the ledger, identifying the parties involved, price, date, location, quality, current state of the product, and any other information that would be relevant to managing the value chain. This information is visible to every participant in the chain at all times – every change, disruption, delay, and movement is completely transparent to everyone.

 

Even though there are significant public and private initiatives to tackle this problem, the issue of unfair access to “transparent trading platforms” still exists due to the centralization of commodity exchanges and the barriers for traders to access them equally.

 

Thanks to the blockchain technology infrastructure allowing decentralization and distributed ledgers. Blockchain technology significantly increases efficiency. Blockchain Infrastructure can automate transactions and enforce contracts without oversight.

 

Updates to the blockchain are logged and immediately visible to all participants, ensuring that no one is surprised. No party can change the rules in the middle of a transaction, because the blockchain is transparent to everyone at all times – everyone knows if someone attempts to alter the blockchain. This automatic compliance saves time and money on each transaction, and reduces fraud, disputes, and litigation

 

Overall, MTC Token is expected to have a 10 year lifetime, during which time, tokens can be redeemed, loyalty programs and other success-related bene?ts enacted. After 10 years will have elapsed, the Company will review the MTC Token program and make the necessary adjustments on continuation of the program.