Service Marketplace

Customers and vendors alike can use our application to find goods and services and maintain Wurla (wUSD) wallets. Key differences are described below.

Carriers

Shippers

Suppliers

Smart Contracts

Build customizable contracts with dynamic conditional terms that fulfill either when carriers upload proof of delivery documents or another proof of delivery – you get to choose!

  • What is a Smart Contract?

    Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.

  • How is it Customizable?

    When contracts are bought, all participating users will receive a form to stipulate service conditions and when they are willing to pay the service amount.

  • What are the Benefits of Smart Contracts?

    Longer-term contracts with fluctuating prices easily account for unexpected expenses like changing fuel prices or detention fees. Let the platform mediate and moderate prices and expectations of contract terms.

  • What Kind of Smart Contracts can be Sold or Purchased?

    Every type of user can list a contract on the Marketplace - where network participants can leverage Wurla fungible tokens for minting NFT contracts and certificates.

Bluetooth Track & Trace

With Bluetooth software we already have developed and deployed, you can rest easy knowing your freight is acccounted for.

  • Hardware Guarantees Accuracy

    Bluetooth provides stronger, reliable signal strength that continuously minimized overehead costs and keeps track of shipments in real time.

  • Reduced Environmental Impact

    When trailers are misloaded and freight is delivered to the wrong address, multiple trips are made to rectify the problem.

  • Decreased Insurance Costs

    Insurance rates won't increase due to loss of assets since they are tracked every step of the way.

  • Instant Payment on Proof of Delivery

    The Bluetooth sensor automatically knows when freight reaches its destination. This prevents a shipper to contest it's delivery and sends immediate payment, thanks to blockchain Smart Contracts.

Loans

Loans provide a steady flow of cash to your company which can be used to cover daily expenses, work with another carrier, or help you through normal cash shortfalls.

Immediate Contract Funds

As soon as you have proof of delivery documents, you have access to .5% of the total contract. For example, if your contract is for $5,000 you then have $2,500 instantly. The accumulated price of all freight contracts (Active/Engaged/Pending) can be used to get your loan.

Daily Interest, No Liquidating Fees

While you have money in your Vault, it accrues daily interest. We only charge a small fee on pending assets in your Vault. Unlike other factoring companies, there are ZERO fees on breaking a contract. 

Flexible Loan Terms

Wurla Vaults offer flexible terms. That means no repayment schedule and no minimum payments!

Token Types Used

Gold and silver backed stable coins represent fractionalized ownership in physical precious metal assets that can be traded for other physical commodities

Fungible

We use the fungible standard Ethereum token, ERC-20, which by definition is:

  • Divisible
  • Able to be used in fractions to pay back a larger amount
  • Replaceable a token of the same type

Non-Fungible

We use the non-fungible standard Ethereum token, ERC-721, which by definition is:

  • Only bought or sold as whole units i.e. is not divisible
  • Able to be traded in exchanges
  • Trackable for transfer information between sender and receiver

Vaults

We use a type of Maker Vault to store our Wurla ERC-20 tokens which by definition:

  • Accrues daily interest with a small fee on pending assets
  • Is not subject to liquidation fees, unlike other companies like Maker Dao
  • Unlocks funds when contracts are fulfilled

Say Goodbye to Net 30

With Wurla, you don’t have to wait a month to get paid on services.

Net 30 is one of the most common credit terms used  that simply means that you’re extending credit to your customer, and expect them to pay the net, or full amount of the invoice, within 30 days of the invoice date.

Using blockchain accounting to keep track of and verify commodities in the marketplace and provides the reassurance necessary to give out loans as soon as you have access to a contract! 

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