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Japanese software giant Broadleaf invested $ 1.1 million in Shelf.Network



The supplier of software solutions for the aftermarket of auto parts and other sectors, the Japanese IT giant Broadleaf, has invested in a decentralized auction Shelf.Network. About this BlockchainJournal said the project founder Lasha Antadze.

At the same time, Broadleaf received a license to distribute Shelf.Network technology to create a sales network for car and component sales in Southeast Asia, including Japan, Myanmar, Thailand, Indonesia, Vietnam, Laos, Australia, India Lanka and Singapore.

The development of Shelf.Network allows sellers and car dealers in one click to conduct synchronized auctions simultaneously on multiple online marketplaces. The decentralized network of such sites expands the geography of sales and contributes to the creation of a competitive price for cars.

Recall, the launch of Shelf.Network took place at the end of 2017. Over the past year, the project managed to attract an investment of $ 1 million from the Frontier Innovation Awards 2018 and 50,000 euros at the BlockShow Europe 2018 conference.

“This year was very interesting and intense. We have gone from a campus in Ukraine to an American company 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 program from the incubator YCombinator, in which it raised $ 10,000.

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