What is Polytrade? Polytrade is a trade finance company built on Polygon. Polytrade performs Invoice factoring for SMEs with blockchain technology and the liquidity available in Cryptocurrency, using $TRADE tokens as the primary payment instrument. Polytrade also tokenizes Real World Assets and facilitates fractional ownership to make high entry illiquid assets available to a larger investor base hence, providing more liquidity. What's our Aim? To eliminate the inefficiency in traditional trade finance for the whole world through blockchain technology & infrastructure. Taking little steps, we have started with lending and Invoice tokenization & factoring for SMEs. We chose SMEs because they play a crucial role in economies worldwide. SMEs make up the majority of businesses globally and are significant contributors to job creation and economic development. In fact, they account for around 90% of businesses and over 50% of employment globally. Additionally, formal SMEs contribute up to 40% of national income (GDP) in emerging economies, which brings us to another primary focus - SMEs worldwide are faced with a challenge of sourcing immediate liquidity for operational cost needs. Banks and Ce-Fis are slow with processing funding requests, (up to 3 months processing time) , and they do so in unfavorable conditions - lack of transparency, high fees, high ticket entry. However Polytrade gives SMEs a much better experience, 🔹No Restrictions on Ticket Size: Unlike traditional financing options, Polytrade enables financing even for small-sized invoices. 🔹Low-cost Financing: Polytrade aims to minimize financing cost and remove intermediaries involved in the invoice financing system with decentralization. 🔹Quick Turnaround: Polytrade’s highly active and capable governance facilitates a quick turnaround and also reduces processing times to a minimum. This is just the start of our journey to change the future of Trade Finance for all peoples.