Eximchain, whose name was derived from Export-Import on Blockchain, was founded in 2015 at MIT and has since developed cutting-edge blockchain solutions for the supply chain industry. Their suite of products ensures efficiency, security and transparency in the supply chain. Among their products is supply chain financing in which a startup uses smart contracts to allow financial institutions to verify the validity of orders placed and provide the necessary financing. Eximchain also facilitates seamless inventory management by enabling clients to share demand and inventory information across a common ledger.