Hijiro

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VeChain

by VeChain Foundation

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Hijiro

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VeChain

by VeChain Foundation

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What problem does this service solve?

Hijiro provides services to banks and other lenders that assist them in reducing risk by purchasing blockchain registered trade assets.VeChain is developing a blockchain platform to add more transparency and efficiency to supply chains and interconnected devices.

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Company Description

Hijiro, previously known as Fluent, is a distributed network for global trade. It uses blockchain to track assets and provides increased transparency for transactions, documents, and assets.
Hijro was designed to improve efficiency in the open-account trade market. The Hijro Network revolves around the Trade Asset Marketplace, composed of banks and lenders. The marketplace leverages distributed ledger technology to improve security and tracking of trade. The focus is on open-account trade. The Hijro Trade Asset Marketplace provides access to a global network of businesses, banks, and liquidity providers who power working capital solutions built on the Hijro Network.
Hijro's custom solutions integrate directly into ERP and IT platforms, and improve efficiencies in treasury, trade, and supply chain operations.

R

VeChain is a blockchain platform focused on supply chain management and the Internet of Things. It has a Proof-of-Authority consensus mechanism. VeChain was one of the first blockchain companies to partner with the Chinese government. The company is currently re-branding into VeChain Thor. The VeChain ecosystem is based on two tokens: VET and VeThor (VTHO)

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