Shipfinex is a digital exchange revolutionising the Trillion Dollar Maritime economy. Shipfinex is tokenising maritime assets & simplifying ship ownership, enabling Instant Payments & a Decentralised marketplace by using defi & web3 technologies. More than 80% of the world’s trade is seaborne carried by over 90000 ships. Shipping is the life blood of the global economy. Without shipping, intercontinental trade, the bulk transport of raw materials, and the import/export of affordable food and manufactured goods would simply not be possible. The approximate value of the worlds fleet is nearly a trillion dollars. Keeping ships on time needs a global infrastructure and support system that consists of suppliers, ship managers, crew, inspection agencies, Flag & Class societies, Banks, Port operators etc. This is a massive financial economy that Shipfinex intends to introduce efficiencies & unlock value for all stakeholders. Capitalising on the intersection of two massive markets of Shipping & Tech, ShipFinex is poised to create & capture massive value by creating new maritime markets at the asset level & innovative global payment models. These measures will solve the issue of liquidity crunch in the maritime industry. It will also drive operational efficiency by reducing /eliminating friction in the services marketplace (lack of trust, slow payments, etc) Shipfinex's core proposition is enabling Sustainability and liquidity in the maritime sector by building trust across the globe between investors, businesses & stakeholders using Blockchain, Defi, AI & Web3 technologies.
