What has ModulTrade done to make the system transparent to users?
I think they are talking about smart contracts in the blockchain. By putting al the info in smart contracts, the trade becomes transparent to users. This is what I understand from the article about Modultrade.
That's the whole point of using smart contracts and blockchain, automated and trasparent transactions and you trust a code instead of a third party
Thats true. The way they explain it tho, looks like they invented smart contract themselves

But still a good project, good explanation of the whitepaper!