SKYT Platform Overview
The SKYT platform represents a paradigm shift in global trade, combining blockchain technology with traditional supply chain management to create a more accessible, transparent, and efficient trading ecosystem.
Core Components
Blockchain Infrastructure
- Network: Built on Polygon for scalable, cost-effective transactions
- Smart Contracts: Solidity-based contracts managing trades and token operations
- Token System: SKYT tokens powering platform operations and governance
Knowledge Management
- DKG Integration: OriginTrail V8 Decentralized Knowledge Graph
- Data Standards: Compliance with GS1, EPCIS, and international trade standards
- Supply Chain Visibility: End-to-end tracking and verification
Trading Platform
- Web3 Marketplace: Direct access to global trading opportunities
- Trade Finance: Innovative financing solutions through token mechanisms
- Smart Documentation: Automated, blockchain-verified trade documentation
Platform Benefits
For Merchants
- Reduced barriers to entry in global trade
- Access to trade finance opportunities
- Streamlined documentation processes
- Real-time shipment tracking
- Automated compliance verification
For Investors
- Direct participation in trade financing
- Transparent investment opportunities
- Diversified portfolio options
- Real-time tracking of investments
- Community governance participation
Technology Stack
- Frontend: React.js with Web3 integration
- Backend: Node.js services
- Blockchain: Polygon Network
- Knowledge Graph: OriginTrail DKG V8
- Smart Contracts: Solidity
- Documentation: GS1/EPCIS Standards
Current Stage
The SKYT platform has successfully validated its Proof of Concept and is moving into MVP development, with pilot programs planned for key markets including Paraguay and Ghana.
Development Focus
- Supply chain integration with DKG V8
- Smart contract deployment and testing
- Trading platform UI/UX refinement
- Merchant onboarding systems
- Documentation automation
Future Roadmap
- Q2 2024: MVP Launch
- Q3 2024: Pilot Program Initiation
- Q4 2024: Platform Enhancement and Scaling
- 2025: Global Market Expansion