Smart Commodity Cash (SCC)
SCC is a fintech solution aimed at achieving High Liquidity for Physical Precious Commodities.
About us
As an early-stage startup, we are introducing physical commodities as universally recognized assets, exchangeable for currency or goods. We have worked on both the product design and concurrently on the method of operation, including the utilization of the existing infrastructure. The result is a solution that we consider our Intellectual Property, and we have submitted it to the WIPO/PCT.
Our Mission
Our primary goal is to elevate physical commodities to the status of widely accepted assets, comparable to traditional currencies. Additionally, we aim to standardize its transaction rules, akin to those for credit card, mobile phone, or cryptocurrency payments. (We do not deal with their paper-based ownership methods such as ETFs, Futures Contracts, Stocks, Investment Funds, and Certificates).
IP
Our intellectual property is currently under assessment in accordance with the provisions of the Patent Cooperation Treaty (PCT) and is patent pending under PCT/IB2023/058291.
Imagine
Imagine choosing your favorite items, such as gold and diamonds, for example. They are already so widespread that you can buy them anytime, anywhere, whenever it suits you, with minimal spread. If you hold onto them, they are not subject to inflation and, quite the opposite, their value is likely to increase. Furthermore, you have full control over them regardless of state regulations. Banks, traders, and individuals alike accept them when you decide to sell these valuables. The repeated buy-sell process won’t diminish their value in any way. All of this is part of a perfect design, making them something you’d definitely want to possess. (No tied papers, but real tangible value in your hands.)
Potential
The worldwide daily trading volume of physical commodities, including precious metals (gold, platinum, palladium, etc.) and diamonds, reaches several hundred million US dollars and is expected to continue growing.
Funding / Partnership
We have now opened our second round of financing, targeting venture capital firms. Our current focus is on forming closed-loop, mutually beneficial cooperation with key suppliers, business partners, and participants in our partnership program, aimed at integrating SCC’s innovative commodity format into everyday life. While challenges such as product development and market expansion remain, we see this new phase of financing as a key opportunity to accelerate growth and innovation.
Traction
About SCC – Video
Write to us
If you represent a company in the mining, merchant, banking, fintech or investment sectors, we invite you to connect with us about our partnership program. With your expertise, we aim to further enhance our product and successfully bring it to the market.