According to its whitepaper, Quasas smart platform objective is to create a global marketplace for trade & transport services supported by smart contracts & crypto payment methods.
In its first iteration, QUASA intends to revolutionize the shipping industry by creating a crypto version of the Bill of Landing and Letter of Credit documents, so that importers and exporters can exchange these documents digitally.
The QuasaCoin ecosystem is designed to:
Minimize delays
Increase trust
Reduce fraud
Lower costs
Handle & archive information securely
Enable a flexible shipping environment
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