Quick Overview of the team, the purpose and the project
We Are Purpose Driven
ShuttleOne is an operating system for digital finance.
At its core a combination of AI and blockchain that facilitates Decentralized asset lending and payments from digital assets to over 80 countries globally, the ShuttleOne network delivers seamless financial services via our partners that solves the fragmentation issues of traditional finance.
ShuttleOne is serving government related entities in trade finance, working capital loans to such institutions such as The port authority of Singapore and Crimsonlogic’s logistical flagship product Calista. The network also serves e-commerce giants and various other SME related agencies.
Striving Towards United Nations SDG 2030
Reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per cent
Increase the access of small-scale industrial and other enterprises, in developing countries, to financial services, including affordable credit, and their integration into value chains and markets
Who Are We?
Where Are We Based In?
Singapore & Thailand
Please read our litepaper for a quick and indepth overview.
What is the problem ShuttleOne is working to solve?
The problem in traditional financial enviroment
In the traditional financial environment, businesses that need access to working capital need to work with traditional financial providers to get granted loans. However, the lack of relationship with the financiers or the small amount of capital requested could result in difficulties in accessing these financial resources. This creates challenges for SMEs to scale their businesses and stay competitive with the market.
ShuttleOne technology is bridging SMEs businesses with financial resources from decentralized finances. With services such as remittances and loans, ShuttleOne allows SMEs businesses to leverage decentralized financial resources into working capital using their real assets. Merchants are now gaining access to financial services that otherwise impossible for them to obtain through traditional financial services.
The problem in Decentralized finance
One of the biggest issues of DeFi is that the products and technologies that crypto companies have built do not really solve real world problems. The current DeFI model helps you earn (and lose) money via trading digital assets. The gap between real world problems and digital assets make traditional people and businesses unable to tap in the potential of decentralized finances while the crypto community cannot fund and make impactful investments on real-world transactions.