Trade Finance Platform Development for Versara
The world’s first trade finance platform powered by crypto credit enhancement.
The world’s first trade finance platform powered by crypto credit enhancement.
Versara is the world’s first trade finance platform powered by crypto credit enhancement, using cryptocurrency as extra collateral. The main idea behind the project was to create a platform that would solve the unavailability of trade finance for businesses. Versara consolidates invoice receivables into structured asset pools. Cryptocurrency holders then have the opportunity to offer their cryptocurrencies (accepted on the Versara platform) as collateral in case of a possible invoice default, improving the credit profile of the asset pool.
One of the main Versara features is a crypto wallet where users can invest in one click. The application gives owners of tokens a unique opportunity to increase their fortune right in their own wallets. Versara Wallet is the first cryptocurrency wallet that allows cryptocurrency owners to store, send, and receive their digital assets, invest in various markets, and make high profits.