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The operating director of We.trade, Roberto Mancone, has built a reputation in the industry as a man of speech. This feature is important in an industry known for failed promises. Last year, Mancone promised that we.trade would be aired in the middle of the year. The platform went live exactly as promised, focusing on trade between medium and small businesses among European countries. Later in the same year, the company promised to make a move outside the European market for the first time. As expected, he kept his promise when he announced he was working on a project with eTradeConnect.
We.trade shifts attention to global trade
Some time ago, Mancone predicted that Batavia will join us with we.trade. Batavia is a financial blockchain built on Hyperledger Fabric. Although Batavia no longer exists, three of its five banks have decided to join we.trade. This is just one of the many predictions Mancone has made. Now, he made another promise about possible partnerships. In his words:
"In addition to inviting more customers to our platform, we want to continue extending to Asia, and we also intend to develop a strategic partnership outside the financial market, our ultimate goal is not to offer our customers a good player who can do everything. You combine efforts with a group of players and allow a seamless journey. "
These partnerships, if they succeed, will lead to an increase in adoption as more territories will be involved. It will be used to provide users with the kind of user experience that systems supported by banks can not boast. He went further to explain the partnership between we.trade and eTradeConnect:
"Rather than licensing something or building it, we wanted to see if it would be possible to connect existing platforms with similar goals, which will save a lot of time and money."
Getting a bank blockchain platform these days is not easy. This is the reason why we.trade stands out in the corporate blockchain world. The goal of the platform in 2019 would be to expand in Asia and the results are expected to be expected in the first quarter.
Possible partners for we.trade
For some time, we.trade has had eyes on IBM, Maersk and TradeLens. Since the platform's focus is now on global trade, and IBM was originally a we.trade development partner, it would not be surprising if a partnership were presented now. TradeLens is also a good potential partner. The platform, which is hosted on Hyperledger & # 39; s Fabric, has documented the entire supply chain process. It would be a good match for we.trade.
