For efficient international trade and finances management, look no further than Kratos, the first Cloud-based hybrid and blockchain resource planning system. The founders are blockchain enthusiasts who construct a product around the technology, and Kratos’s ultimate goal is to shake up the commodity market with its hybrid power technology. Kratos review guides SMEs in the trade sector to overcome the difficulty of securing financing and allows traders to increase their profits by providing them with more finance options.
Maximizing Kratos: Top 3 Web-Based Functions You Need to Know
Traditional practices in the Trade finance sector have resulted in unwelcome lags in operations. Less funding was authorized since various tasks took longer than projected, including document verification, financing attraction, agreement, and other similar actions.
The difficulty came in finding a way to use blockchain technology to speed up the process and boost trust among the target demographic. The simplification of creating both the interface and the user experience for web applications can be attributed to the continued use of minimalistic design practices.
New User Registration & Account Login
Since this is a financial technology application, user data must always be kept safe. The app’s secure signup process is coded with a Know Your Customer (KYC) verification system to eliminate the possibility of impersonation fraud. Similarly, the login process is secured using safeguards like one-time passwords (OTPs) and passwords to prevent unauthorized access.
Live Chat Feature
The programme has included private messaging to keep the platform sufficiently engaged. The chat component needs more protection, achieved after significant investigation and discussions with cybersecurity specialists. In addition, the chat feature allows for additional customization via options like file sharing and visibility management.
Push Notifications
Time is of the essence in the commodity trading markets, and continuous notifications are essential for the user to take full advantage of chances. As a result, the rapid notification system is compatible with the adjustments made during trading hours. Users receive instant alerts about any changes and have access to their own notification dashboard. They can observe a split between the notifications they’ve already read and those they haven’t from this location.
Kratos Review: Leveraging Its Essential Features for Optimal Performance
The other important Kratos features which streamline the work process effectively are:
User-Friendly Dashboard
The modularity of the interface creates a streamlined and uncluttered feel across the programme. As a bonus, the user has great flexibility in positioning different components, making the experience highly tailored to their preferences.
Lightning-fast Response
The commodity market, in particular, experiences rapid and continuous development. So, the quickness of the platform is a primary consideration for users when making a trading platform selection.
User Profiles
In the technological community, profiles are regarded as standard fare. As any action taken through a user’s profile has security ramifications, this is very important, to be precise.
Data Protection
The most crucial part of developing a web app was ensuring its safety. There are several layers of protection for everything from the online payment system to the electronic contract.
Intuitive User Experience
The platform is a sophisticated conglomeration of different features, offering the application several distinct benefits. But, the development and UI/UX design team realized this might easily lead to user confusion, so they crafted a simple layout.
Cloud Computing
Cloud computing services have emerged as a leading technology innovation in recent years. This popularity stems largely from its adaptability, which benefits both consumers and merchants. Cloud computing’s greatest strength is that it allows consumers and organizations to pool their resources, eliminating the need to manage their own server infrastructure and deal with storage concerns.
Revolutionizing Commodity Trading With Cutting-edge Technologies
Ways through which the transformation of commodity trading happens are:
Blockchain Encryption
There has been a proliferation of commodity trading platforms, all vying for a larger slice of the market. Hence, it was important for the Kratos system to differentiate itself from its rivals. When using the platform, developers can create something unique thanks to the addition of relevant blockchain APIs. This ensures that all contracts and other data files are encrypted, making copying and fraud impossible.
Secure Transaction Gateway
The team faced a new set of difficulties while integrating a payment system for a trading platform, as this necessitated processing a high volume of transactions simultaneously. Users’ financial and identification data is always safe because of the implementation of the strongest encryption standard.
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Digitalized Agreements
A one-of-a-kind, highly-optimized digital agreement system is necessary to speed up and strengthen the security of the entire contracting process. The whole contracting procedure can now be entered and carried out digitally, and user input is not required to form a commodities trading contract. The automated system automatically fills out all necessary fields, confirming approvals and denials in real time.
Commerce Background & Specifics
Given the high amount of deals, a centralized location to view all relevant data was essential. Every transactional information is made available to the user dynamically and uncomplicated. Also, you may export this information as a Word or Excel file for a program with more advanced editing or viewing features than what’s available in the dashboard.
Effortless Documentation Handling
Commodity trading involves a great deal of paperwork, much of which is completed by hand. Time and money are required from the bargaining sides. A fast, automatic system handles all documentation needs, from first draughts to finalized contracts.
E-signature
Strict verification criteria are needed to ensure the security of digital documentation processes. One such verification technique is signature; the development team has integrated third-party functionality like DocuSign to simplify the digital signing of papers. The use of digital signatures on legally binding documents is simplified by this technology, which also protects against potential cyber threats.
Market Insights Dashboard
When there is a lot of data to process, it might be difficult to draw accurate conclusions. Functions like data visualization and filtering were a part of this. Moreover, the analytics algorithm guarantees consistent data refresh to provide the most up-to-date market image possible.
The Bottomline
By now, you would have understood how Kratos is a cloud-based hybrid and blockchain resource planning system that offers a secure and efficient platform for commodity trading. Its user-friendly dashboard, lightning-fast response, secure transaction gateway, and blockchain encryption are undoubtedly the best for any business.
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