Shelf.Network
Arbitrage Network for cross border vehicle trades.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 Valuation: €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
Related Content
Shelf.Network, founded in 2017, operates a distributed arbitrage network specifically for the cross-border automobile trade. The company was established by Lasha Antadze, who serves as CEO. His leadership guided the company from its early stages to securing global partnerships, reflecting a rapid growth trajectory.
The firm's core business revolves around a blockchain-based platform that enables vehicle sellers, such as dealerships and fleet companies, to synchronize and run auctions across multiple online marketplaces simultaneously. This model addresses the issue of siloed car inventories, broadening market reach for sellers and increasing liquidity. The platform's clients include vehicle dealerships, online marketplaces, and third-party service providers. Revenue is generated through commissions on sales facilitated by the network, motivating marketplaces to participate and sustain the ecosystem. The network is active in several regions, connecting markets like the United States with Europe, and Japan with Southeast Asia.
The Shelf.Network platform utilizes distributed ledger technology to hash and broadcast vehicle metadata across all participating marketplace nodes, ensuring that information like bids, trade status, and inventory is synchronized in real-time. This creates a unified infrastructure where not only vehicles are shared, but also an ecosystem of supplementary services. Companies offering transportation, inspections, financing, and insurance can connect and cross-sell their services with each vehicle, creating a one-stop-shop experience for buyers. The company has received multiple accolades, including the Blockshow Europe award for best European DLT startup and the Frontier Innovation Award for the best real-world application of blockchain technology. Keywords: cross-border vehicle trade, automotive arbitrage, distributed ledger technology, online vehicle auctions, automotive e-commerce, synchronized sales, vehicle remarketing, automotive blockchain, global car inventory, auto trading platform, dealership solutions, marketplace synchronization, fleet sales, automotive logistics, vehicle financing services, car inspection services, peer-to-peer car marketplace, digital car auction, automotive supply chain, used car exchange