Case Studies
Plug N Play Real-world Usecases around the world
Last updated
Plug N Play Real-world Usecases around the world
Last updated
Gig economy workers do not have the standard bank required data to obtain loans
Beneficiaries turn to high risk loansharks that charge as high as 60% APR
The ShuttleOne.Network allowed Allcare.io, a benefits company with a few lines of code to integrate a credit scoring and issue loans to beneficiaries to pay for the insurance benefits.
COVID19 heightened the scramble for medical supplies.
Merchants are needed to pay in advance to secure stock.
Chow Feng International Sdn Bhd, provided trade documentation and the ShuttleOne systems disbursed a loan in digital currency.
Merchant transferred digital currency to settle payments in under 10mins via the ShuttleOne.Network
Cooperative Banks lack digital infrastructure for risk assessment
Cooperative Banks generally do not attract capital in terms of deposits for the segment they serve
Onboarded digital risk assessment algorithms to perform robust credit scoring
Disbursed Microloans for bank members to support domestic trade
Global trade financing is a fragmented and siloed function usually monopolized by International and Investment banks.
Obtaining Finance backed by trade cargo can be costly and inefficient.
ShuttleOne through institutional partners facilitates lending and debt collection to enable a off and onchain collateral management and credit disbursement to crucial trade corridors.
