Blockchain Mercantile Corporation

Blockchain Mercantile Corporation Overview

Company Headquarters: Istanbul, Turkey

Founded: 2018

Workforce: ~ 10

Company Working: Blockchain Mercantile Corporation (BMX), established in 2018 with headquarters in Turkey, is an innovative commodity marketer and service provider for the commodity trade business. BMX is creating a custom blockchain (MBX Chain) and decentralised applications for transactions linked to the commodity industry. A crucial component of this new decentralised network is MBX E-Commodities. constructing the physical and digital infrastructure required for the decentralised digital trading of physical goods using decentralised applications, tokenized goods, and more. In order to address inefficiencies in the commodities markets, MBX Chain unites speculative traders, industrial demand and supply, as well as other key market actors including logistics, insurance, and trade finance.

Strategy

Blockchain Mercantile Corporation relies on the recognition of trends, the development of innovations, and a speedy start to production to quickly launch things onto the market. The company is dedicated to identifying markets and chances for innovation in order to support future developments. The goal of Mercantile Blockchain Exchange is to give financial traders of all sizes access to physical commodity markets. The business aspires to greatly simplify commodity ownership and trading and give financial traders access to marketplaces that are inextricably linked to supply and demand in industry. With no transaction minimums (following IEOs) and divisible units, BMX also wants to make it easier for retail traders to get started.

Company Snapshot

10

Employees

2018

Founded

Istanbul, Turkey

Headquarters

SWOT Analysis

Strengths

Automation of activities brought consistency of quality to products.
Innovative and attractive business model

Weaknesses

Weak employee base
Less industry experience

Opportunities

Lower inflation rate
Increasing government regulations
Rapid expansion of economy

Threats

Stable profitability has increased the number of players in the industry in the recent years
Bieng an early-stage company threat of bieng overpowered by existing industry giants.

Key Developments

Date	Approach	Development
–	Product Launch	Blockchain Mercantile Company announced the launch of their first tokenized commodity, Ultrafine Copper Powder MBX (UCP MBX). It is fully backed by copper powder with copper purity of 99.999+% and ultrafine particle size. The underlying physical assets are stored in a duty-free safekeeping facility near Zurich, Switzerland.

Product Offering

Blockchain Mercantile Corporation
- Ultra-fine Copper Powder

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