When was Artrade (ATR) coin issued?

Artrade (ATR), launched in 2018, is a digital asset leveraging blockchain technology to enhance global trade efficiency, featuring a tamper-proof ledger, smart contracts, asset tokenization, and optimized cross-border payments.

Jan 06, 2025 at 06:33 am

Unveiling Artrade (ATR Coin): An Exploration of Its Origin, Features, and Future Prospects

Key Points:

• Artrade (ATR) is a digital asset launched in 2018 with a mission to enhance the efficiency of global trade.
• The coin's blockchain platform provides a secure and transparent ecosystem for businesses to conduct cross-border transactions.
• Artrade's value proposition revolves around integrating blockchain technology with traditional trade processes, thereby reducing costs and improving efficiency.

Origins of Artrade (ATR) Coin:

• The Artrade platform was conceived in 2017 by a team of experienced professionals in the fields of international trade, blockchain development, and finance.
• The project's initial coin offering (ICO) was conducted in May 2018, raising over $30 million.
• Artrade's mainnet, known as the Arweave Network, was launched in June 2018, marking the official inception of the ATR coin.

Features and Capabilities:

• Blockchain-Based Ledger: Artrade's blockchain serves as a tamper-proof record of all transactions, providing transparency and security.
• Smart Contracts for Trade Automation: The platform utilizes smart contracts to execute trade agreements automatically, eliminating the need for intermediaries and reducing transaction costs.
• 跨境支付优化: Artrade enables instant and efficient cross-border payments, significantly reducing the time and fees associated with traditional methods.
• Asset Tokenization: The platform allows businesses to tokenize physical assets, such as commodities and real estate, simplifying their trading and management.
• Digital Identity Verification: Artrade incorporates a digital identity verification system to enhance KYC/AML compliance and prevent fraud.

Potential Benefits of Using Artrade:

• Cost Reduction: Blockchain technology eliminates the need for intermediaries and reduces transaction fees, making global trade more cost-effective.
• Increased Efficiency: Automation of trade processes, including contract execution and payment settlements, streamlines operations and saves time.
• Enhanced Transparency: The blockchain ledger provides a complete and auditable record of all transactions, increasing transparency and accountability.
• Improved Supply Chain Management: Artrade's platform enables real-time tracking and monitoring of goods throughout the supply chain, enhancing efficiency and reducing risks.
• New Opportunities for Trade: The Artrade platform creates new opportunities for trade by connecting businesses across borders and facilitating the exchange of goods and services.

FAQs:

• When was Artrade (ATR) coin issued?

  • Artrade (ATR) coin was issued in May 2018 through an initial coin offering (ICO).

• What is the main purpose of Artrade?

  • Artrade aims to enhance the efficiency of global trade by integrating blockchain technology with traditional trade processes.

• What is the native token of the Artrade platform?

  • The native token of the Artrade platform is the ATR coin, which is used for gas fees, staking, and payment of transaction fees.

• How is Artrade different from other blockchain-based trade platforms?

  • Artrade focuses on integrating blockchain technology with existing trade processes, rather than creating a completely new trading ecosystem. This approach enables businesses to adopt the platform easily without disrupting their existing operations.

• What are the future plans for Artrade?

  • Artrade plans to expand its platform by adding new features and integrations, including support for additional currencies, commodities, and digital assets.