SharedChain is the world-first, patented, local market-based e-commerce and fulfillment meta-platform as a True Physical Internet for the entire real (physical) supply chain process. Like the Internet, it could also create a collective power in the real supply chain process by networking numerous products suppliers and fulfillment providers with customers globally and help significantly increase the efficiency, applicability, and productivity of the real market. As a result, SharedChain could lower its average total service fees on the product price to 10% while most of the existing e-commerce and fulfillment platforms including Amazon charge more than 40%.
Because SharedChain provides a rapid and efficient physical fulfillment infrastructure for all B2C, B2B, and B2B2C-networks, numerous applications could be easily created in the real market based on the SharedChain platform and completely reinvent the global supply chain process with a new Supply Chain (or SharedChain) Revolution just as the Internet did in information 25 years ago. SharedChain has already developed Standard Wholesale (B2B), Retail (B2C), and Local Retail & Service (B2C) Marketplaces [product ready] and successfully conducted a pilot operation in Los Angeles. SharedChain could make break-even in 14 months in the first local market with $1.99M monthly transaction, but from the second local market it could be made in less than 6 months. The more local markets, the simpler construction of additional markets with more initial volumes. Consequently, new markets will make break-even in much faster.
We have a strong management team:
▪ Luke Ho-Hyung Lee, founder of SharedChain, is recognized as the original developer of 3D Supply Chain Process System which is the base concept of SharedChain.
▪ Lois Sonstegard, Ph.D. for Business Development is also recognized as a visionary leader in business development, sales, and marketing.
▪ Tom French for Supply Chain, Fulfillment & Logistics has 30+ years of C-suite level Supply Chain and Logistics expertise.
▪ Sridhar Raidi for Information Technology has 20+ years of experience in software development for many kinds of projects.
US Patent # No. 8,793,194 B2
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