All Global Trades are backed by the SNX tokens. As an example an Importer from Germany would purchase SNX tokens for the amount of a trade with a company in China. The FIAT currency is banked into a German bank account.

Once the Importer receives the shipment and confirms that all goods have been received, the importer scans a QR code and the SNX tokens are exchanged to FIAT and funds are transferred to the bank account of the exporter.

Only qualified suppliers and buyers are permitted in buying and selling medical supplies including ventilators, Latex gloves, etc. We do not accept questionable suppliers with overpriced products that take advantage of the Corona crisis.

SentosaXchange is powered by the Hedera Network and is build with the Hashgraph consensus algorithm which takes advantage of the high-throughput, fair ordering, and fast finality of Hedera Hashgraph.

All smart-contracts are written in Solidity and Hyperledger Fabric, providing a modular architecture with a delineation of roles between the nodes and configurable consensus and membership services on the Hedera Network.

All SNX transactions on SentosaXchange are cleared with the Hashgraph consensus algorithm via the permissioned nodes run by the the Hedera Governing Council, a group of term-limited global multinational enterprises.