STACK THE ODDS IN FAVOUR
OF YOUR BUSINESS
LC LITE is an integrated alternative
to bank-managed letters of credit
LC Platform
Blockchain solution
ABOUT
LC LITE PLATFORM
LC LITE is an upgrade to a system that’s long overdue. We directly connect importers and exporters via an integrated ecosystem consolidating transactions safely and efficiently across the entire supply chain.
LC LITE UNIT OF EXCHANGE
Importers, Exporters and Investors are also LC LITE traders. Blockchain based LC Lite trading mechanism enables profit from LC Lite unit of exchange at each transaction cycle, opening this large industry to new opportunities.
FEATURES
ALL TRADE PARTIES
All transactions are consolidated into SMART contracts, making business cheaper, faster and more secure.
IMPORTER – BUYER
Release of payment to the exporter only if shipped goods are in accordance with the LC Smart contract.
EXPORTER – SUPPLIER
System guarantees on-time payment to the exporter for shipped goods, including early funding options.
INVESTORS
The LC Lite unit of exchange has a strong potential for organic growth as it has real intrinsic value fuelled by a global LC demand of $2.3 trillion.
BENEFITS
1. MARKET
Demand for unit of exchange organically driven by an industry worth USD 2.3 trillion.
2. FASTER TRANSACTIONS
Blockchain enables rapid transaction processing with shorter validation time.
3. PROFITABILITY
Opportunities of increased returns for buyers, suppliers and investors.
4. SECURITY
Enhanced security eliminates risk of double financing and disputes.
PROCESS
1. Smart contract agreement
2. Payment booking notification
3. Expedition of goods
4. Payment released
5. Goods ownership transfer confirmed
TEAM
Jean Charles Devin
Co Founder
Master of science in statistics applied to finance and a master on engineering mathematics, with 12 years experience in asset management and private equity.
Dimitri Kouchnirenko
Co Founder
Columbia Business School and HEC Paris graduated, with commercial. transaction banking and trade finance experience of over 17 years.
Morgan Terigi
Co Founder
Mechanical engineering and HEC Paris graduated, with 18 years experience as an entrepreneur in international Import-Export trading and manufacturing.
Duncan Klein
Head of Funding
Seasoned investment banker with 21 years at JPMorgan and 5 years in Fintech at BondIT and MarketAxess covering buy side clients in wealth management, insurances and pensions.
CONTACT