LC LITE is the First Digital Collaboration Space made to connect importers, exporters and token investors directly to secure a trade transaction with the letter of credit Token. The digital LC lifecycle is powered by the LC LITE token, used to execute trading and opening the opportunity for importers and exporters to optimize their working capital, for investors to optimize yield.
We offer a simple, immutable and cost-effective digital Letter of Credit to the importers and exporters, while investors have the opportunity to profit from token trade at each transaction cycle driven by the Importer and the Exporter.
We believe that a new, disintermediated and digitalized LC mechanism through LC LITE will guarantee us a strong demand from a $2.3 trillion Letter of Credit market. Powering the ecosystem, the LC LITE token will be the first of its kind to have a fundamental intrinsic value, built on the ecosystem’s underlying import-export trades.
Cheaper, faster, and more secure LC transacting for importer and exporter with blockchain technology and SMART contracts in one place.
Release of payment to the exporter only if goods shipped are in accordance to the trade contract.
1 - MARKET
2 - FASTER TRANSACTION
3 - PROFITABILITY
4 - security
LC LITE TOKEN
Payment title tokenization opens way to unprecedented synthetic market demand
With LC LITE Token, the importer has an immutable guarantee that the exporter will be paid only if the trade conditions are met.
The exporter has an immutable guarantee that the payment will be made once the complying documents according to the agreement are presented.
By holding the LC LITE Token, the investor has the opportunity to trade the token at different stages of the transaction cycles and earn profits with no unsecured trades.