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The World’s First Licensed Blockchain Commodity Exchange

The technology that underlies cryptocurrencies like Bitcoin, blockchain, is already disrupting many industries.

ChainTrade is using blockchain in order to improve the trade of commodities and raw materials.

The ChainTrade Token is now available on IDEX Exchange

“Banks and traders are experimenting with the technology behind bitcoin in an effort

to solve longstanding problems in the trading of physical commodities”

Crypto

In most parts of the world, the import and export of commodities is often:

RISKY

In certain markets the counterparty risk are unavoidable for both the buyer and the seller

Expensive

Settlement costs of International trade (payment, execution, regulatory, and cross-border fees) are expensive

EXCLUSIVE

Only major players, those who are able to mitigate risks, survive, resulting in a never-ending concentration process

How to bring more efficiency, security, and fairness in the physical trade of commodities?

By digitizing the global trade of commodities on multiple distributed ledgers

ChainTrade moves trade of commodities and raw materials to permissioned blockchains, promotes the fairness of transactions, simplifies trade process through an efficient mechanism to share information between counterparties.

Our Vision

Modernizing OTC Forward Contracts, Disrupting Trade Finance

Reinventing the Forward Contract through the “Technology of Trust”

Blockchain is a huge opportunity to redefine trust in the OTC trade of commodities.

A forward contract acts as a bilateral agreement between two counterparties looking to buy or sell a commodity for a fixed price on a future date in a specific delivery location. Such contract is often manipulated and left unsettled, due to lack of liquidity or due to one party’s failure to meet the contractual obligation and deadline of the payment stated on the contract. ChainTrade solution will reinforce the use of forward contracts (delivery basis or cash settlement) by allowing the deployment of irrefutable and unalterable smart contracts to authenticate the contractual obligations between parties involved.

Price Optimization

Rely on the power of competition mechanisms (auction rules) as an alternative to reach better prices

List for free on the ChainTrade trading platform your own Forward Contract and reach potential buyers (importers) or sellers (exporters) from all over the world. ChainTrade enhances price fairness in unregulated and illiquid markets by leveraging the best features made natively available by the blockchain technology: transparency (public ledger) and immutability (cryptography signed by ChainTrade network participants and broadcast to all parties).

Physical Trade Execution: faster, less expensive

Moving papers and payment from A to B much faster, modernizing trade finance

Documents play a major role in international commodity trade. The process for “trading documents” in physical trade execution has been for ages paper and labor intensive, with multiple friction points, high processing costs, limited automation, and outdated tools. By having the buyer, seller, and third parties (brokerage firms, shipping and inspection companies, respective banks, etc.) on the same distributed ledger, all parties can simultaneously view, update and share data on the status of a physical delivery, documents issuance, and payments.

A Decentralized, Robust Infrastructure

When brokers become technical nodes of a decentralized network

As a new market facilitator, ChainTrade decentralized technical infrastructure will rely on a vast network of physical commodity brokers. While most blockchain projects are designed to eliminate the middleperson, we on the contrary believe in the role of independant commodity brokers and value their expertise. We want to help them reinvent their role (software solution distributor, “nodes”, “customer support”, “ledger control”, etc.), help them bring more value on the execution side of physical trades, make them an active operator inside the digital transformation of the global trade of commodities.

CHAINTRADE PHYSICAL

ChainTrade Physical is a software suite for players across the physical trade: making pricing, trade finance, execution and delivery faster, cheaper and more secured. ChainTrade relies on physical commodity brokers to market its software. ChainTrade Physical will also help brokers to reinforce their legitimacy within their industry by involving them more on execution and settlement of commodities contracts than they were so far.

CHAINTRADE DERIVATIVES

ChainTrade Derivatives is a new, highly cost effective proprietary platform allowing commodity players to hedge on commodities for which no derivatives existed before. A white-label futures-and-option (centralized database) can also be designed for consortiums and authorities willing to create their own local derivatives market.

Roadmap

An ambitious 3-year plan to achieve success

2017
July 2017

First version of platform architecture

September 2017

Legal entity established in Singapore

December 2017

ICO successfully closed

2018
January 2018

Decision to address physical markets first & partner with brokers

April 2018

Futures platform trading test

June 2018

Trading license obtained in Europe (through partnership)

August 2018

Pilot start with a couple of major brokers

October 2018

Business Development ramp-up

2019
April 2019

Trading license obtained in HK, Singapore or Dubai

September 2019

Launch of ChainTrade Derivatives

2020
April 2020

Trading license obtained in the USA

2022
July 2022

Leadership position in some selected commodities

The ChainTrade Token (CTT)

ChainTrade is based on the CTT token (ERC20 compliant – Address: 0xE3Fa177AcecfB86721Cf6f9f4206bd3Bd672D7d5). It was previously called CTC but has been renamed CTT because of name availability.

The total supply of CTT is 42,034,200.

The CTT Token is now traded on IDEX Exchange. Other exchanges to be announced.

Download Whitepaper

Our Team

We have a strong team made of experienced tech entrepreneurs, excellent blockchain developers, technical advisors, former traders and bankers, former Strategy Director of NYSE and Euronext,…

Vincent Jacques
Vincent JacquesCEO
Started his career in Investment Banking.
2 years at BCG as a Strategy Consultant
Successfully founded a $25m machine learning startup (Planorama)
Prior roles include CTO (managed 25 developers) and CEO (managed 90 people)
As a student, created a virtual trading platform for students to trade courses and other assets.
Seb Blanchard
Seb BlanchardChief Product Officer
Started his career as a grain commodity trader. Derivatives expert (futures and OTC options). Participated in the 90s in the launch of the EU rapeseed futures exchange (MATIF). After 2000, co-founded, invested in or advised several Internet companies. Majority shareholder of a M&A online platform. Early blockchain enthusiast.
Amine Chabbi
Amine ChabbiVP Finance
Started his career in negotiations for Airbus, then moved into business development and LBO in France and Belgium. Structured partnerships expert and experienced multi-stakeholder negotiator. Lectures and mentors in strategy and general management. MBA graduate from INSEAD.
Sophia Sou
Sophia SouBusiness Operations
Graduated from UCLA
European MBA graduate
Worlwide experience from US, China, Europe
Global dynamic player
Global strategy, marketing, and customer relationship management
Michael Reynolds
Michael ReynoldsProduct Design
Over 15 years of futures and options trading experience in the commodity space including floor trading, hedge funds and physical trading. Holds a MBA from NYU Stern School of Business and currently directs financial trading in a niche commodity market for a large physical trading operation.
Boris Ivanov
Boris IvanovBlockchain Developer
Full stack developer specialized in building Blockchain systems
He has been working with Ethereum, Smart Contracts, exchange platforms and Solidity for 3 years.
Achievements include Liquid Democracy voting module, ICO crowdfunding Smart Contracts, user wallets, and lending and investing apps
Yassine Zerguine
Yassine ZerguineSenior Blockchain Developer
Full stack developer with strong experience with Blockchain, Ethereum, Smart Contract development
Experience in Artificial Intelligence projects
Prior roles include CTO and Chief Architect
Co-founded 2 tech startups where he was leading the technical side
Omar Saadoun
Omar SaadounBlockchain Developer
Mobile, web apps and blockchain expert.
Co-founder of InMind IT Solutions.
Tech enthusiast, always looking to enhance or create business for my customers through new technologies, especially mobile.
Batu Zaya
Batu ZayaBlockchain Developer
Blockchain / cryptocurrency developer with full-stack capability.
Technical lead and software architect.
Working across all layers of modern web applications, from database to server-side and client-side applications.
Experienced with reliable & scalable SaaS applications.
Zo Tahiana
Zo TahianaFull Stack Developer
Full Stack Developer specialized in both front-end and back-end development.
Strong experience in Artificial Intelligence projects.
Solid foundation in MEAN application development.
Analytical thinking, customer focus (UI/UX, process flows), attention to details.
Delphin Rakotonindrina
Delphin RakotonindrinaFull Stack Developer
Full Stack Developer in multiple languages, including AngularJS and Node.js.
Experience in Cordova Ionic for hybrid mobile applications.
Responsible for the deployment and administration of servers in the EB cloud.
Douglas Pike
Douglas PikeTechnical Advisor
VeriCoin and Verium Co-founder and Lead Developer
Blockchain and protocol developer for 4+ years
Scientific programmer at Rutgers University for 7+ years
PhD candidate in Biophysics at Rutgers University
Robert Srong
Robert SrongTechnical Adviser
Technical Lead at a major global bank (SG)
Advanced knowledge of bank software and financial software requirements
Blockchain developer and passionate
Mihai Milea
Mihai MileaTechnical Adviser
With 10 years of experience in global Forex & CFD brokerages, Mihai Milea has held various strategic positions in Technology and Digital Marketing. He has been directly involved in the delivery of innovative projects within the brokerage space and was directly responsible of achieving a positive ROI. While starting an Msc in Cyber Security, Mihai became an expert in mining cryptocurrencies and an avid crypto investor.
Minh Trinh
Minh TrinhAdviser
More than 10 years of experience in trading at various banks
Acute knowledge of all types of financial markets, including food and raw materials
Former Senior Consultant and Manager at Accenture
CAIA diploma (Chartered of Alternative Investment Analyst)
Studied at UCLA Anderson (MBA)
Philippe Tastevin
Philippe TastevinAdviser
Former Director of Strategy at NYSE and at Euronext.
Seasoned strategy executive specializing in financial markets.
17 years in 6 capacities at NYSE Euronext and MTS Group + Board seats.
Major contribution to growth and profitability by leading strategic/transformational projects, incl. IPO, M&A, PMI and restructuring.
Studied at ENA, HEC, INSEAD
Jacques Putzeys
Jacques PutzeysAdviser
Former CEO and co-founder of Easdaq (later Nasdaq Europe).
President of the Market Authority of Easdaq.
Over the last 17 years lead a consulting practice in Corporate Finance with a focus on pre-IPO advise, mergers & acquisitions and funding of technology companies
Co-founder of Talent4Boards
Before co-founding Easdaq Jacques was the President and CEO of Banque Nagelmackers a Belgian bank.
He also created the New York Branch of CGER Bank ( now BNP Paribas Fortis Bank ) and was the CEO for 5 years.
Oliver Prock
Oliver ProckAdviser
Founder & CEO at Salus Alpha Group – an innovative investment fund CIO at Salus Alpha Capital GmbH Chairman of AIFM Federation Austria.
Oliver has over 30 years of experience trading in various asset such as FX, options, futures, equity, commodities, complex OTC structured products and bonds. He has in-depth knowledge of most trading platforms available on the market today and developed algorithmic trading strategies himself and with his team for over 20 years. After gaining the necessary experience as fund manager, as well as constantly adapting to the latest developments in the fintech and blockchain industries, Oliver became blockchain evangelist.
Jay Best
Jay BestAdviser
Senior Research Scientist at the Massachusetts Institute of Technology
Leading expert in non-securities ICOs, minimization of regulatory requirements, cryptopayments and payroll, decentralized applications, marketplaces and economies
Named Top Crypto Strategist UK 2017, seasoned C-level executive and board member, having pioneered deep learning on GPUs at MIT
Spending most of his time between London, Cambridge, Oxford and Edinburgh as a lecturer, advisor and investor
Jeremy Epstein
Jeremy EpsteinAdviser
CEO of Never Stop Marketing
20 years of international marketing experience in helping to bring innovative technologies into the mainstream
Former VP Marketing at Sprinklr which grew from a $20 million valuation and 30 people to $1.3 billion valuation and 900 people in 3 years
Top-ranked speaker at multiple conferences including Microsoft Worldwide Partner Conferences and Microsoft CIO summit
Richard Kastelein
Richard KasteleinAdviser
Founder of industry publication Blockchain News
Partner at ICO services collective CryptoAsset Design Group
Director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event CryptoFinancing
Award-winning publisher, innovation executive and entrepreneur.
Ugochukwu Ugbor
Ugochukwu UgborAdviser
Extensive network of raw materials production and trading partners
Worked 10 years at the Organization of Petroleum Exporting Countries (OPEC)
7 years at the International Atomic Energy Agency (IAEA)
Currently working Sustainable Energy For All
David Drake
David DrakeAdviser
David Drake, through his family office LDJ Capital, has acted as GP & LP investors with his partners in fund-of-funds, realty funds, venture capital funds & hedge funds. Mr. Drake’s investments currently have 50+ global directors that maintain relations with institutions & family offices with $1.5 trillion in assets.
Yagub Rahimov
Yagub RahimovAdviser
ICO advisor | Blockchain investor | CEO @ 7marketz Inc. group
Yagub Rahimov is the CEO and co-founder of the 7marketz Inc. group, holding company of AtoZForex.com, FintechEvents.Center, Newsogram AI.
Starting his FinTech career at the age of 16, Yagub has established multiple companies with a special focus on alternative investment channels and machine learning. He is one of the early Bitcoin and Blockchain technology adopters, with his first cryptocurrency investment in July 2009. Yagub has been advising a select list of top quality ICOs and blockchain startups, as well as investing in them. He has a vision that machine learning combined with the Blockchain technology will define the future of the FinTech ecosystem.
Ethan Pierse
Ethan PierseAdviser
Managing Partner at Nest Innovation and Ventures, based in Paris and Singapore.
Nest is an early-stage startup venture capital fund based in Hong Kong, that creates bespoke innovation programs with leading corporations and governments to drive economic development through digital transformation.
Morgan, Lewis & Bockius LLP
Morgan, Lewis & Bockius LLPLegal Counsel
Global law firm of more than 2,000 legal professionals, with offices in Singapore, Beijing, US, Brussels, Dubai, Frankfurt, Hong Kong, Kazakhstan, London, Moscow, Paris, Tokyo

Contact Us

ChainTrade Tech Pte. Ltd. – 28 Stanley Street – Singapore 068737

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