Sino United’s (OTCMKTS: SUIC) De-Fi Ecosystem Explained

Money, finance, business concept background. USD dollar bills, skyscrapers.

Sino United Worldwide Consolidated (OTCMKTS: SUIC) is creating an ecosystem for supply chain finance that leverages decentralized finance (DeFi), blockchain technology and decentralized supply chain finance (de-SCF) technology to improve and innovate commerce.


It’s hard to miss the supply chain issues slowing down commerce in the US and across the world. Continued disruption has real-world consequences, including food shortages and negative healthcare repercussions. One often an unspoken hurdle to supply management is the necessity of supply chain finance—how commerce is conducted between buyer and seller.

Midas Touch is an ecosystem where the three parties present in supply chain finance—supplier (seller), buyer, and financer—have full transparency into transactions and proposed transactions and receive approval and payments immediately.


·        Supplier Solutions, where the bulk of the risk is taken on by the supplier.

·        Buyer solutions, where the bulk of the risk is taken on by the buyer.

The imbalance of risk acceptance in each of these approaches has led to a new method of supply chain financing, wherein the risk is no longer fully on one party’s shoulders.

This new ecosystem utilizes smart contracts to ensure timely payment and delivery within a trustless system.


To understand this ecosystem, it’s important to first understand “smart contracts.” The academic definition of smart contracts is “a set of promises, specified in digital form, including protocols within which the parties perform on these promises.” Said another way, smart contracts are agreements considered and executed via digital technology, wherein the promised outcome is automatically provided once initial agreed upon inputs are met.


Vending machines.

When a person walks up to a vending machine and decides “I want the Acme Candy Bar” all they have to do is put in their dollar and tell the machine what bar to provide. Once the coordinates are input and the money has been provided, the machine automatically and immediately begins the process of providing the candy bar to the person.

The customer does not have to wait and worry about receiving the candy bar. The vending company does not have to wait and worry about receiving the money. All conditions are met in perfect flow and time.

It is an efficient transaction guided by code within the machine’s computer that conditions the response of the machine solely on the input and consideration of the customer.

Everything is automated between the seller of the candy bar and the customer, thanks to the machine.

How does this work for Midas Touch?

Here’s how a transaction in this ecosystem works:

1.      Buyer requests $1 million of product from Supplier (Seller).

2.      Supplier agrees and submits an invoice to Buyer.

3.      Buyer approves the invoice and alerts Supplier the invoice has been approved.

4.      Funder (bank) provides early payment to Supplier, on Buyer’s behalf, for the full amount, minus a small fee. This is done in a matter of one or two days.

5.      When the invoice due date arrives, the Buyer pays the Funder (or Funder and Supplier if only a percentage of the full invoice was paid early) the amount due.

SICU has created a platform where users who fall into each of these three parties can conduct commerce and trade with less restriction.

Firms operating in Midas Touch and Beneway are able to bypass exchanges and brokerages.

They are able to use cryptocurrency and fiat currency, rather interchangeably, to conduct these transactions.

SUIC is using new payment, financial, and contract technologies to create an ecosystem that could attract users and investors worldwide. Are you ready to add them to your watchlist?

This article is part of a sponsored investor education program