Embedded Files
Case Study
Case Study
A T-shirt travels the world before it reaches the buyer. This used to need banks at every step. Now businesses can do it all by themselves. All they need is a new app for electronic bills of exchange –' ebills' – connected to a global network of 'mints'.
🇮🇳
Cotton Grower
🇮🇳
Cotton Grower
Rajastan Farming grows cotton and produces high-quality yarn.
They accepted Bursa as a new B2B customer because they offered to pay with a Bitcredit ebill.
Their Indian mint issued ecash for it so they could pay their farmhands.
Benefits for the farmer
Benefits for the farmer
Broaden customer base
High reliability of payment
Immediate liquidity options
🇹🇷
T-Shirts Producer
🇹🇷
T-Shirts Producer
Bursa Textile Mills weaves and cuts premium T-Shirts from Indian yarn.
They take in the German ebill. As it is payable via a Bitcredit mint, their own mint will issue e-cash.
Bursa can now pay their own ebills and the wages of their factory workers.
Benefits for the textile mill
Benefits for the textile mill
Eliminate financing gaps
Unbureaucratic trade credit
Save on expensive capital
🇩🇪
Fashion Store
🇩🇪
Fashion Store
Berlin Novelty Fashions prints and sells customer-specific T-shirts online.
They import blank T-shirts from Turkey, and issue a 3-month ebill, which will be paid via their German Bitcredit mint.
They will pay the bill after // selling T-shirts and need less capital.
Benefits for the store
Benefits for the store
Enhanced credit worthiness
Cheap funding for growth
Practical & organised finances
Image credits: [Fashion store] by [Blockchain Embassy], [T-shirt producer] by [Thenetparadigm], licensed under Creative Commons Attribution-ShareAlike 4.0 International licence, and [Cotton Grower] by [Kimberly Vardeman], licensed under Creative Commons Attribution 2.0 Generic license.
Report abuse