APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Capital Market
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Capital Market
    • Arkratos Blockchain Solutions
    Next

    Arkratos Blockchain Solutions: Eliminating Silos in Physical Commodity Trading

    Ashish Srivastava, Senior Vice President, Arkratos Blockchain SolutionsAshish Srivastava, Senior Vice President
    Despite the versatility of the trading industry, the physical exchange of commodities is slackened by a multitude of business problems, showcasing the lack of cohesion among the participants of trade flow. Among importers, exporters, traders, banks, shipping companies, and insurance agents, the dearth for interoperability trigged by minor discrepancies and manual administration affects the trade of physical commodities predominantly. To make matters worse, the absence of a transparent quality assurance system often forces merchants to rely upon inaccurate information on the product quality provided by multiple parties in the trade flow, which may later lead to high reconciliation costs. Arkratos Blockchain Solutions addresses these pressing demands through KRATOS™, a blockchain-based platform that connects all participants across the entire trading ecosystem globally.

    “KRATOS™ acts as a ‘single source of authenticity’ for the trade of commodities, where distributed versions of trade information or trade documentation are shared in real time and are visible to all involved participants,” states Ashish Srivastava, Senior Vice President of Arkratos Blockchain Solutions.

    One of the world’s first blockchain and cloud-based hybrid ERP for physical commodity trade, KRATOS™ ensures easy due diligence for all dependencies—importers, exporters, traders, banks, shipping companies, and insurance agents—and brings in the much-needed visibility across the trade chain and efficiency to the trade finance processes. Such an approach can effectively thwart any fraudulent transactions or unwarranted trade risks across a product life cycle and significantly enhance the interoperability of international trading.

    KRATOS™ ensures that all the parties involved in the trade can trace the product from the point of origin to the point of final delivery

    By leveraging blockchain, KRATOS™ fosters a high degree of transparency while minimizing complexity to ensure timely deliveries and lower costs in physical commodity trading. In addition, the industry-grade Know Your Customer (KYC) and Anti-Money Laundering (AML) functionalities of the platform deliver a resilient security framework to cover every transaction initiated.

    KRATOS™’ highly user-friendly platform allows all the participants to exchange trade information freely, negotiate trade contracts, conclude deals, trigger agreed payments, track orders, capture order history, and generate reports. “We offer significant benefits for enterprises to boost their ability to identify potential financiers and secure timely availability of funding for their succeeding commodity trade transactions,” continues Srivastava. The platform also features self-executing smart contracts, zero downtime, and less number of intermediaries to reduce the overhead costs and carry out a successful execution of trade. Consequently, digitization and automation of business processes eliminate human errors or data tampers, thereby ushering in an unmatched speed and efficiency for physical trading.

    Apart from extensive industry expertise in banking and finance, education, e-governance, healthcare, and insurance sectors, Arkratos Blockchain Solutions also hones a deep in-house knowledge pool that enables it to address the underlying issues in commodity trading. The company’s KRATOS™ platform improves the transparency of the entire trading ecosystem by bringing all the stakeholders in one comprehensive platform and allowing them to track historical data without involving too many mediators. Besides, this method assists enterprises in identifying additional avenues for funding opportunities, including family offices and other investors. “KRATOS™ ensures that all the parties involved in the trade can trace the product from the point of origin to the point of delivery,” adds Srivastava.

    The comprehensive trading platform from Arkrotos Blockchain Solutions’ has attracted a strong clientele in the APAC-region; the company is geared up to expand its blockchain-based solutions to the US and European markets by building upon this track record. Furthermore, the company also plans to embed functionalities with relevant products in the market to provide a complete, end-to-end solution for different counterparties in the physical products trading ecosystem.
    Next
    Share this Article:
    Tweet
    Share

    Arkratos Blockchain Solutions Info

    Company
    Arkratos Blockchain Solutions

    Headquarters
    Singapore

    Management
    Ashish Srivastava, Senior Vice President

    Description
    Offers a blockchain-based ERP solution that enhances the efficiency of international physical commodity trading

    2019

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    CIO Speaks

    Previous Next
    Transformations in Financial Technologies

    Jacob Sorensen, CIO, Bank of the West

    Tech Strategy for Capital Markets and Other

    Jeff Roberts, CIO, HFF

    From the Chief Information Officer to the Chief Innovation Officer : Leading the Digital Transformation

    Bjoern Goerke, CIO, SAP AG

     Capital Markets Firms Looking for Low Friction Solutions

    Vic Winkler, CTO, Covata

    Innovations in Market Surveillance and Monitoring

    Dr.John Bates, CTO, Intelligent Business Operations & Big Data, Software AG

    The Right Technology And Reliable Partners; The Business Next Frontier

    Luke O'Brien, CIO, ISS Facility Services Australia & New Zealand

    Service Organisations Make Great Places To Work, And Deliver Better Value

    Matthew Perry, CIO, Orora Limited [ASX: ORA]

    How Have Recent Advancements in Big Data Been Impacting Businesses?

    Marc Solomon, CIO, Bvn Architecture

    BI & Analytics in Aquaculture

    Matthew Leary, CIO, Tassal Operations

    BI and Analytics

    Gary Peel, CIO, SYNERGY (ASX:IS3)

    A Blend of Six Technologies to Enhance Teaching-Learning Processes

    John Hui, CIO, The Education University of Hong Kong

    Creating Integrated Workflows for an Evolving Company

    Mike Everly, CIO, D&H Distributing

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://capital-market.apacciooutlook.com/vendor/arkratos-blockchain-solutions-eliminating-silos-in-physical-commodity-trading-cid-4703-mid-296.html?utm_source=Newsletter&utm_medium=email&utm_campaign=apacciooutlook_weekly