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Centrifuge Crypto Intelligence

Centrifuge blockchain is an open decentralized operating system to globally connect active parties in supply chain. It allows even small businesses to transact in a global network, have their transaction status verified and at the same time retain all their private data. Favored by the suits, created by people from the supply chain business.

You are reading about: "Centrifuge"

By Diana (Editor)

Published November 26, 2018


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Centrifuge blockchain is an open decentralized operating system to globally connect active parties in supply chain. It allows even small businesses to transact in a global network, have their transaction status verified and at the same time retain all their private data. Favored by the suits, created by people from the supply chain business.

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Centrifuge: About the Platform

Centrifuge is a project that leverages blockchain technology to increase effectivity in the back-office part of supply chain financing.

Supply chain financing is a way for companies to get money for customer invoices that are to be paid later - there is an interest paid for this service but in exchange the company can buy stock for their production without any interruptions.

The Centrifuge project aims to create an open-source protocol for this type of business using the Ethereum blockchain as well as private sidechains. At later stages, a marketplace of products and native apps will be added.

The Business Intelligence for Centrifuge

Centrifuge exists as Centrifuge Inc. located in 548 Market Street #67433, San Francisco, CA 94104 and as Centrifuge GmbH located in Full Node, Skalitzer Strasse 85-86, 10997 Berlin.

The Centrifuge Team

Centrifuge is developed by the co-founders of Taulia, a successful supply-chain financing company which moves billions of dollars per day. Reportedly, 97 out of the Fortune 100 companies use Taulia to improve their liquidity. Now the team wants to do the same thing, but on the blockchain.

One of the advisors is Steven Becker of MakerDAO, the company behind Dai stablecoin.

Centrifuge partnerships and investors

Mosaic Ventures, Semantic Ventures and Blue Yard are the main investors for Centrifuge, the company raised 3.8 MM USD of funding in total.

Filed under: Supply Chain

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About the Author
By Diana (Editor)

BIO: I'm a nobody and nobody cares. I like researching business models so that later I can fail miserably anyway. Editor at @BOC__Official. ·

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