Provider of software solutions for aftermarket and other sectors of the Japanese IT-giant Broadleaf invested in a decentralized auction Shelf.Network. About this ForkLog said the founder of the project Antadze Lasha.

At the same time, Broadleaf has received a license to the technology Shelf.Network with the goal of creating a distribution network for sales of vehicles and components in South-East Asia, including Japan, Myanmar, Thailand, Indonesia, Vietnam, Laos, Australia, India, Bangladesh, Sri Lanka and Singapore.

Development Shelf.Network allows sellers and car dealers in a single click to carry out synchronized auctions at the same time on the sets of the online marketplace. A decentralized network of such sites is expanding its sales and contributes to the creation of competitive prices on car.

Recall that the startup Shelf.Network took place in late 2017. Over the past year, the project managed to attract investments of $1 million from the competition Frontier Innovation Awards of the 2018 and € 50,000 to the conference BlockShow of Europe 2018.

“This year was very interesting and rich. We have gone from a town in Ukraine, American companies with global partnerships, and I am convinced that the best is yet to come”, — said Antadze.

Earlier Shelf.Network became a member of a special Advisory programme from the incubator YCombinator, which raised $10 000.

Subscribe to the news Forklog in Facebook!