top of page

Innovator: Tiidan

  • Writer: Laura
    Laura
  • Dec 7, 2017
  • 1 min read

Featured Innovator :: Tiidan

Using AI technologies, Tiidan verifies Chinese supplier risk and credit levels within minutes for import/export transactions, essentially removing risk from trading. Importers typically have little more than hopeful trust that suppliers will deliver products at the expected quality, and on time.

Tiidan uses machine learning technology to identify indications of insolvency and abnormal operations within Chinese suppliers. With the technology, Tiidan verifies financial strength of a supplier with the latest data. The company ensures that a supplier has the ability to complete a trade by delivering the agreed goods. They even guarantee it.

Tiidan was founded in February 2017 by Zohar Bar Chen and Yaron Shapira who bring together extensive careers and expertise in international finance and technology. Their solution verifies the risk level of suppliers within minutes so importers of any size can keep down payments and broader transactions secure.

Lowering business risk between partners, Tiidan users can trade with confidence. Notably, It enables SMEs to participate in international trade, minimizing the risk exposure through other methods like advanced payment or open account payment. All services are online, immediate, and automatic.

Summary of information sourced from: TiidanTiidan verification app and interviews with founders Zohar Bar Chen and Yaron Shapira

 

Back to this week's features.

 
 
 

Recent Posts

See All
Data = GOLD

What do you think of when someone talks about data? Your 4G plan? The Matrix? Or do you mentally check out of that geek-talk? Data isn’t...

 
 
 
Newsletter – 2018-11-07

7 November 2018 Hi everyone, It's expo time! Shanghai is buzzing this week as the business world descends on the megopolis to realize...

 
 
 

Comentarios


© 2020 by China Deals InfoBase, a division of Lohtsman.
Proudly created with Wix.com 

bottom of page