Description
OweMe is a blockchain-based financial technology platform aimed at optimizing supply chain financing and management. It automates payable and receivable processes through smart contracts, enhancing efficiency, security, and transparency, and effectively reducing procurement and transaction costs. By serving as a decentralized finance ecosystem for supply chains, OweMe supports quicker settlements, improved supply chain finance accessibility for suppliers, and better risk management for buyers. The platform is designed to unlock significant financial benefits, including up to 1% in cash discounts and a 50% reduction in the cost of capital for suppliers, without requiring negotiations with supply chain partners. Additionally, it boosts the velocity of money, productivity, and transactional efficiency significantly. This positions OweMe as a transformative solution for businesses aiming to leverage provenance and disintermediation to improve their financial health and supply chain operations.
OweMe is a blockchain-based financial technology platform aimed at optimizing supply chain financing and management. It automates payable and receivable processes through smart contracts, enhancing efficiency, security, and transparency, and effectively reducing procurement and transaction costs. By serving as a decentralized finance ecosystem for supply chains, OweMe supports quicker settlements, improved supply chain finance accessibility for suppliers, and better risk management for buyers. The platform is designed to unlock significant financial benefits, including up to 1% in cash discounts and a 50% reduction in the cost of capital for suppliers, without requiring negotiations with supply chain partners. Additionally, it boosts the velocity of money, productivity, and transactional efficiency significantly. This positions OweMe as a transformative solution for businesses aiming to leverage provenance and disintermediation to improve their financial health and supply chain operations.