PrepayWay ICO is developing new technology for secure and risk-free transactions with new, unfamiliar business partners. At the same time, the PrepayWay ICO technology focuses on the flaws of the existing transaction process: an obsolete document workflow management system is replaced by instant access to transaction information for all supply chain participants and remote signing of contracts. The bureaucracy of contracting and payment procedures are replaced by an integrated money transfer service and risk management solution embedded in contracts. Lengthy litigation gives way to time and cost-efficient smart arbitration for dispute resolution.
PrepayWay ICO combines the functions of lawyers, banks, escrow agents, and arbitral institutions and offers an all-in-one solution for international contracting, financing, payments, and dispute resolution. Just as smartphones have changed the way people interact and communicate by combining multiple functions in a single device, PrepayWay ICO is changing the way businesses function.
The funds raised during the crowdfunding campaign will be used to develop solutions for international trade and real estate and a platform for diversification of international crowdlending. The contributors are offered equity in PrepayWay ICO Systems Estonia OÜ, a subsidiary of the PrepayWay AG holding, that is developing the above-mentioned solutions. The roadmap can be seen on the company’s website.
The crowdfunding campaign start date: 19 March 2019.
Hard Cap: EUR 2 450 000.