YOOSourcing price is $0.00110948
The current price of YOOSourcing (YST) varies depending on market conditions and demand. As of the latest data, YOOSourcing (YST) is valued at $ 0.00110948. In the past 24 hours, the price has increased by +0.00%.
YOOSourcing (YST) is a digital asset and a token that was created to facilitate trust and collaboration among global sourcing professionals. It aims to transform the sourcing industry by leveraging the power of blockchain technology to create a more secure, transparent, and efficient sourcing process. YOOSourcing tries to tackle common problems in the sourcing sector such as the lack of transparency, fraudulent activities, and the inefficiency of traditional sourcing methods.
The founders of YOOSourcing consist of a team of professionals with expertise in international trade, sourcing, and technology. Their identities and professional backgrounds are key to understanding the strength and credibility behind YOOSourcing's development and ongoing operations. Information about the team and founders can typically be found on YOOSourcing's official website at yst.global.
YOOSourcing works by leveraging blockchain technology to provide a decentralized platform where buyers and suppliers can interact securely. The platform serves as a medium for posting sourcing requests, receiving and evaluating supplier quotations, conducting due diligence, and ultimately executing transactions. The use of smart contracts in YOOSourcing aims to ensure that transactions are executed precisely as agreed upon, reducing the risk for both buyers and suppliers.
YOOSourcing's unique value proposition lies in its focus on transforming the traditional sourcing industry. By incorporating blockchain technology, it ensures greater transparency and security in transactions. The platform allows for a verifiable track record of suppliers, which helps in building trust between parties involved in international trade. Additionally, YOOSourcing promotes a community-driven environment where users can rate and review suppliers, further enhancing the reliability of the platform.
The technology behind YOOSourcing advances the sourcing process by enabling smart contract automation, which reduces the potential for human error and disputes. The blockchain provides a tamper-proof ledger, which enhances the traceability of transactions and the authenticity of records. In essence, YOOSourcing's technology can be seen as a means to create a more dynamic, efficient and secure sourcing ecosystem.
The total and circulating supply of YOOSourcing (YST) can be denoted by and 800.0M tokens respectively. The circulating supply represents the number of tokens that are currently available for trading, while the total supply denotes the maximum number of tokens that will ever exist for YOOSourcing.
YOOSourcing (YST) can be purchased on various cryptocurrency exchanges. As market availability can change, the latest information regarding where YST is available for trading can be found on . It's important for potential buyers to conduct their own research and due diligence before engaging in any transactions.
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