The TITA project is about how to build a decentralized ecosystem supported by Blockchain technology for local purchases and sales or commodities that are traded globally and finished goods thereby setting the pedestal that enhances the financial system of the society in which these commodities are produced.
Commodities are staples used in trade so they can be exchanged with other commodities of the same kind; commodities are most often used as inputs in the production of other goods or services.
Commodities may be slightly different, but basically the same across producers. When they are traded exchanges, the commodity must also meet certain minimum standards, also known as the base value. Some examples of traditional commodities include grains, gold, beef, oil and natural gas. More recently, the definition is expanded to include financial products, such as foreign currency and indices.
Food prices are soaring, so many people are struggling to get the right price for the commodity. if you have a product then you should check the production layer. Like packaging, manufacturing, consumers must get the product at the right time. That never happened with the traditional system.
Many people struggle to make money and always lose money for sellers. How can this problem be solved? No proper technology is used and the settlement of cash never happens on time, this, in turn, affects production and lowers a country's economy.
There should be a master place something like a TITA project that can solve cash settlement problems and this is really a decentralized platform which means no one has this platform.
There is not much struggle to get your money back when you use the ethereal blockchain. The smart contract is very powerful and enables the work itself. Imagine if you could connect the world of crypto and commodity world, then it would be very easy. You can trade from anywhere and you can be a farmer or producer or supplier or merchant, you get the right price.
This is a peer to peer marketplace and also an exchange. I have never found such a good idea before that combines the power of both worlds (Crypto and Commodity) and this is the future. This is a utility token whose value rises in price over time and is currently about 0.1 cent based on the ERC20 platform and you need to send there to get this token, be sure to use my other wallet or metal mask.
In this paper, TITA presents a system to facilitate commodity trading from producers (sources) for producers/consumers (end users) and improvement of both community financial systems.
The TITA Ecosystem
The TITA center
The TITA Exchange
This project will help connect more people and knowledge of commodity trading. See their team and more information from the website
Website: https://titaproject.io/
Whitepaper: https://titaproject.io/whitePaper.pdf
My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2268660