Simple, International, Trade
SITPAY, Blockchain solution for easy remittance of international trade
Token Sale
What is SITPAY
Low fees, fast transfer speeds, and streamlined procedures
SITPAY Project is a blockchain project that aims to support easy remittances in international trade and to be used as a major monetary instrument in the Indonesian commerce market. Both importers and exporters will be able to transfer transactions without having to go through financial or centralized institutions to avoid unnecessary processes and expensive fees, and SITPAY will help them feel the simplicity of low fees, fast transmission speeds and simplified procedures.

Our Vision
PT with decades of industry experience and 1,000 people PT.MBI
PT.MBI, the parent company of SITPAY, will adopt SITPAY as a payment method and use it as a payment method with clients, and will continue to expand to a larger market with SITPAY's strength as a starting point. Because the application of SITPAY payments by many well-known companies can have a very positive effect, the ultimate goal is to reach a value of 100 Rupiah based on this, and through continuous business operation and development, it will become the most used payment method in the commerce market.
The following are the market problems that SITPAY has captured.

- Costs arising
from each contract - In general, trading companies have to go through more than 10 stages of processing after reviewing contracts, and there is a lot of unnecessary spending because each step costs a lot.

- Payment
Processing Time - The dollar is used for partial transactions, so you'll have to exchange money again for your country's currency, not dollars, and you'll have to pay another exchange fee.

- Causing disputes between trading companies
- Trade companies want to achieve greater returns and better results in each contract. However, disputes between trading companies have occurred numerous times so far, and the damage to companies is also significant.

- complex information
- In international trade, very complex data can be easily manipulated by documents or centralized storage, and even minor typos or errors can cause delays in signing contracts or financial losses in trade transactions.
SITPAY Solution
SITPAY provides the following solutions through blockchain.
- Simplifying Procedures
- Fast Remittance Process Speed
- Remove Reason for Dispute
- Simplified Data and Archive
SITPAY Architecture
Explore the structure of SITPAY

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- Service Layer
- Credit, remittance, etc. provided in the service layer are the key components of SITPAY, which are essential functions to providing basic platform and wallet operations between trading companies, and create an environment where services can be delivered to meet the needs of businesses, including commerce, distribution and clothing companies.
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- Application Layer
- The primary role of the application layer is to ensure data reliability, but moreover, to provide a convenient service environment for trading and commerce companies. It also refers to applications such as SITPAY Wallet, where users such as corporate officials can directly use the SITPAY system.
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- Core Layer
- The core layer is a layer where key data such as contract information, cargo information, and corporate credit or reputation information related to contracts of trading companies using SITPAY are recorded. Depending on the nature of the data, it is stored in either blockchain or distributed data storage. Therefore, this data becomes reliable, and the possibility of data loss or arbitrary data manipulation that may occur when the data is kept on paper or stored in a data storage through a central server can be excluded in advance.
Partners







Roadmap
Timeline
2021
- Q3
- SITPAY Issuance
- Secure SITPAY Payment
Support Subscriptions
- Q4
- SITPAY Listing
2022
- Q1
- SITPAY Additional Listing
- Q2
- SITPAY Usage Expansion