Skuchain builds blockchain-based B2B trade and supply chain finance products targeted towards the $18 trillion global trade finance market that involves numerous entities including buyers, sellers, logistics providers, banks, customs, and third parties
This Mountain View, California-based startup is one of the most renowned players in the blockchain supply chain solutions industry. Founded by Srinivasan Sriram, who serves as its CEO, Skuchain delivers a platform for collaborative commerce to its clients. Identifying divergent standards, opaque mechanics in international commerce, and unavailability of data to all supply chain participants as being some of the biggest challenges in the market today, Skuchain has partnered with other tech companies such as Japan’s NTT Data to develop customized solutions to solve these challenges. Among them are blockchain-based inventory financing and a track-and-trace system that uses RFID technology.