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1. Preface

About EPIC

EPIC has introduced a vast array of innovative solutions related to e-government verticals through cutting edge technologies. Time tested EPIC solutions were well recognized across Asia Pacific region Islands.

2. Solution Overview

XcommoditY – Commodity Exchange Platform

EPIC XCommoditY Platforms is a state-of-the-art innovative online commodity trading platform, that enables buyers & producers; to connect, forecast, plan & sell goods, while achieving greater efficiency, governance & profitability, by trading with clear & transparent rules.

Platform allows local producers such as farmers, small/medium enterprises & regional specialty goods producers to publish their production plans, upcoming produce & related information on XCommodityY marketplace.

3. Key Features – for Farmers

Forward contracts

Farmers can list their planned produce on XcommoditY Exchange, at early stages of farming. This allows them to find potential buyers early, as their cultivation grow.

Reporting

Online platform allows farmers to post periodical updates on their cultivations to potential or confirmed buyers, as photos, videos or measured data, archiving better communication & understanding between buyers & sellers.

Spot contracts

Sellers, including farmers have the ability to list their goods on online platform, for instant sales which would be visible to a large numerous online buyers, who could register & place orders from anywhere in the world.

Auctions

Auctions features allows seller receive bids from registered buys. Which is a great way to sell access produce or products with a limited validity period.

4. Benefits – for Farmers

Better farm-gate prices

Getting rid of many middlemen & being able to reach buyers directly, means that farmers/producers are able to sell at a higher farm-gate price.

Hedging

Forward contracts enables sellers to lock selling prices ahead of production, which insures them agains market fluctuations offering greater security.

Less waste

Traditional waste of farm produce, due to unpredictable market behavior, quality concert or damage during warehousing, could be avoided with XcommmidY Exchange facilities through, direct shipping, constant monitoring/reporting and better planning.

Auctions

Auctions features allows seller receive bids from registered buys. Which is a great way to sell access produce or products with a limited validity period.

5. Key Features – for Buyers

Search & compare

Commodity exchange comes with feature rich online account where buyers could login, search, compare desired products from anywhere in the world.

Order

Buyers will have numerous buying options with greater flexibility:

  • Forward buying : Buy from a planned production, or cultivation. Work together with producer/farmer through constant communication online.
  • Spot buying : Login, select, & buy ready made produce
  • Auctions & deals : Bid & buy at best prices
Track & monitor

Online realtime facility allows constant monitoring for purchases & tracing shipments.

Wishlists

XcommodiY allows buyers to make wish lists and get order made products from wide variety of sources at competitive prices. AI driven algorithms will predict & ship frequent orders for subscribers.

6. Benefits – for Buyers

Direct buying

XcommoditY platform allows direct purchase from the source of production for buyers world-wide over internet. This sustainable approach gives buyers grater visibility on production & producers of their purchases.

Constant monitoring

Buyers can place orders on upcoming produce & are given the facility to request constant updates from sellers. ie: In the same of farming, buyers will see update on soil preparation, planting & progress on cultivation.

Better comparison & prices

Online platform allows buyers to search and compare from various sources of supply, giving them options to purchase at better prices through spot purchase, auctions & forward contracts.

Know your product

Greater visibility allowed via this online facility on all stages of products’ lifecycles, brings greater control & trust to buying experience.

7. Key Features for Commodity Exchange Operators

Centralized Management

Commodity exchange operator is able to create a centralized digital marketplace, with access to all trading data on a central platform.

Transparent Rules

Online marketplace maintains viable & transparent rules and facilitates fair pricing for products based on realtime supply & demand.

Monitor & Predict

XcommoditY exchange tools allow platform operators to monitor all products, production, sales & auctions through a central dashboard. Value-added services such as drone mapping, facilitates to monitor upcoming production of farms with state-of-the-art technology.

Service Integrations

Platform enabled seamless integrations with operational services such as insurance, logistics, payments & delivery with industry standard APIs.

8. Merits of Operating Commodity Exchange by Daishi Hokuetsu Bank

Uplift Regional Economy

By facilitating as a commodity exchange operator, bank will be able to create a centralized market place for regional produce. This will enable local SME to reach new markets resulting in region’s economic growth.

Transparent Rules

Online marketplace maintains viable & transparent rules and facilitates fair pricing for products based on realtime supply & demand.

Brand Recognition

Project will create brand recognition & value among local stakeholders, positioning Daishi Hokuetsu as a leader in economic empowerment in the region.

Empower Customers

Project will empower local farmers & producers by creating new opportunities where bank would play a key role as an economic enabler.

Monazite in Commodity Payments

Owning local commodities trade platform will allow bank to monazite in commodity payments space, attracting new customers and generating a new channel of income.

9. Screenshots

10. Partnerships in Niigata Prefecture

EPIC will work together with well established working partners in Niigata Prefecture to deliver a secure & efficient solution to Daishi Hokuetsu Bank

Project Management & Coordination

OSPPOC Co Ltd, will manage overall project in collaboration with Global IT Park & EPIC

Project Management & Coordination

Global IT Park at Minami Uonuma will facilitate project management & coordinating efforts, with in-house staff at Minami Uonuma City office premises.

Project Management & Coordination

Global IT Park at Minami Uonuma will facilitate project management & coordinating efforts, with in-house staff at Minami Uonuma City office premises.

Epic Lanka