Procurean is aiming to establish a global decentralized trade network where businesses worldwide can buy and sell with the security of blockchain technology while sharing data, information, and infrastructure.
Procurean connects businesses around the world in a way that ensures buyers can always find new sellers, and sellers can discover new buyers no matter their capabilities or location.
Today businesses, especially Small and medium-sized enterprises (SMEs) face great obstacles when they want to trade cross-border or internationally. SMEs represent roughly 98% of our target markets by number of registered enterprises and 60% by gross value added relative to total GDP; they are the powerhouse of the represented economies and other economies worldwide.
Procurean will enable businesses to judge potential partners based on past-experience from each previous transaction on the network while ensuring data is distributed along the network with blockchain hardened storage.
Procurean will help empower business by dramatically reducing transaction costs and risk associated with international trade and provide technological infrastructure to drive new value to their processes.
Our mission is to empower businesses to be able to trade and compete on a global scale by significantly reducing costs and risks associated with international trade and to establish a decentralized, self-regulating network of partners, who share informational infrastructure and data in a fair, transparent way, so that anyone can access and use this data.
Provide powerful insights and technology Procurean will help empower businesses of all sizes by providing a shared technological infrastructure that will increment costs and equip them with knowledge and experience that will enable them to drive and deliver better value to their organisations.
Ensure businesses trade with trust Procurean will enable businesses to judge potential partners based on past-experience from each previous transaction on the network while ensuring data is distributed along the network with blockchain hardened storage.
Establish a global interconnected market Procurean will connect businesses around the world in a way that ensures buyers can always find new sellers, and sellers can discover new buyers no matter their capabilities or location.
Benefits for buyers & sellers
By providing a set of pre-built smart contracts (smart instruments) each meant for a specific procurement scenario and intelligent resource planning and management tools, Procurean will enable businesses to digitalize and optimize their processes.
The trust rank is the biggest deciding factor for business on the Procurean network. It is, consequently, the most important leverage that business have to ensure trustful and fair behaviour from their potential buyers and sellers.
PAN is designed as an ERC-20 compatible utility token that empowers businesses worldwide to trade in a trustworthy environment while enabling the network to grow in a stable micro-economy. PAN is the vital component of the Procurean network due to its various roles and use cases, such as holding guarantees, governing disputes, providing escrow, and paying for bids in the various scenarios supported by smart instruments.
PAN tokens will be launched with a smart contract deployed on the Ethereum platform. A finite amount of up to 150,000,000 Procurean tokens (PAN) will be released at the time of the PAN crowd sale event. The soft cap target for the combined tokens sold to private sale investors and in the pre sale and crowd sale events is set to 6 million USD Ether equivalent. The hard cap is set at 21 million USD in total. The initial value of a single PAN token is set at +- 0.22 USD (dependent on the value of ETH at the time of the crowd sale).
dr. Valentin Gjorgjioski - PhD in Computer Science and Informatics and more than 10 years of experience in developing cutting-edge products, Valentin is an experienced entrepreneur who has co-founded several successful companies.
dr. Vlado Dimovski - PhD in Management and Finance, 80+ published scientific articles, advisor to the Prime Minister of Macedonia, former Minister of Labour, Family and Social Affairs in Slovenia, member of the European Academy of Sciences and Arts.
Andrej Boič - Stellar international examples of sustainable business restructurings and redevelopments. Award of the Chamber of Commerce and Industry of Slovenia for exemplary business and entrepreneurial achievements and European Business Award (2016 - glass company Hrastnik 1860).
Brigham Ricks - A senior executive and strategic legal advisor with 15 years experience providing legal services in international environments. Brig currently works with the legal consultancy IUURI with a focus on advising blockchain technology companies.
