INCOMINT1.0
What is INCOMINT 1. 0? In English, the acronym represent: Deployment of INCOTERM in Blockchain. As such INCOMINT 1.0 is a platform through which all documentations relevantto a commercial transition.
Demo
About
Why are you participating for Based LatAm? By studying the basic features of the L2 on Ethereum BASE we can observe that many of them are adapted to the particular needs that are required in the implementation-deployment of the platform. In addition to this, knowing the potential in terms of possible market niches that can be addressed with the solution, the strength that gives BASE to Incomint1.0 makes us take very seriously an integration with the Blockchain platform, always thinking of providing the greatest possible added value to end customers. Our solution aims not only to be established and deployed in the American Territory, but also has a more global vision considering the possible regulatory implications to which we must submit when we seek to address commercial activities where government entities of different states are directly involved.
How it's made
What challenges are you focusing on? The main challenge we have set ourselves is to give a 180º turn to all international commercial transactions involving the exchange of goods that must transit from point A to point B. We are aware that we must attack one need at a time in order to respond to the needs of those interested in establishing, developing and executing their commercial transactions for a long time, supported by the intrinsic transparency that the platform provides for the type of commercial activity involved. How does your submission address this challenge? With the approach/development that we expose before you we attack punctually two (2) necessities-pain that at the moment live the legal figures inside the merchandise transation: First) The immutable control/administration/guard/registration of the documents that intrinsically support the perced commercial transaction. Second) Intrinsic risk management regarding the transit of goods from the point of dispatch to the point of delivery, considering for this purpose the use of IoT Tags which will publish to decentralized platforms the position record for the goods in which they are used, providing the functionality to manage the economic factor of the commercial agreement in an automated way. Challenges we ran into There are many challenges that one faces when dealing with platforms with such a long term vision as the one we are presenting to you, but it is very clear that there is a very important need that we face those who promote the development of solutions based on Blockchain technology and it is to have qualified professional staff which would come to feel committed to the challenge of facing the development not only taking into account that it may come to represent personal economic benefits but to be immersed in an organizational structure that would give concrete response so a need of the particular niche that you want to address. Another challenge that we are still managing as well as possible is to have within the TEAm with specialists in the area of international trade who will evaluate (to a certain extent) all the information and its respective treatment to be implemented in the software tool under development and to be developed.