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Spydra

Spydra

Overview

What is Spydra?

Spydra's asset tokenization allows enterprises to tokenize a wide range of assets, from real estate and commodities to intellectual property and financial instruments. The product empowers businesses to unlock new liquidity and streamline transactions. Asset tokenization has been gaining momentum…

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Pricing

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Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.spydra.app/pricing

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $0.26 per user
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Product Details

What is Spydra?

Spydra's asset tokenization allows enterprises to tokenize a wide range of assets, from real estate and commodities to intellectual property and financial instruments. The product empowers businesses to unlock new liquidity and streamline transactions. Asset tokenization has been gaining momentum in the finance industry for a while now as it enables fractional ownership of assets and improves liquidity. However, the traditional method of asset tokenization is time-consuming and requires technical knowledge. Spydra aims to make asset tokenization more accessible through its low-code platform, which is built on Hyperledger Fabric, an open-source blockchain framework. Spydra's low-code platform streamlines the process of asset tokenization by providing an interface that enables users to create and manage digital tokens without the need for extensive technical knowledge.

Spydra Features

  • Supported: Ability to customize permissions and roles of all the participating organizations on every asset
  • Supported: Support to track transformations between assets
  • Supported: No limitation on count of different type of assets

Spydra Video

Spydra Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesAll countries
Supported LanguagesEnglish, HIndi

Spydra Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)30%
Enterprises (more than 500 employees)70%
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Comparisons

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Reviews and Ratings

(1)

Reviews

(1-1 of 1)
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Score 9 out of 10
Vetted Review
Verified User
Incentivized
Spydra's platform has proven instrumental in mitigating the persistent issue of fraudulent loan applications by introducing unparalleled transparency and ledger immutability. The commendable reduction in such cases underscores the platform's efficacy. However, the initial data migration, a necessary step for harnessing Spydra's benefits, presented unanticipated complexities. Despite these challenges, the platform's merits in combating fraud remain a noteworthy achievement in our industry.
  • Transparency
  • Immutability
  • Reducing Fraud
  • Data Migration
Asset tokenization holds transformative potential across diverse industries, including supply chain, pharmaceuticals, and fintech. In supply chain, tokenizing assets such as goods and shipments enhances traceability, reducing fraud and ensuring transparency. In pharmaceuticals, tokenizing drug batches enhances authenticity verification, combating counterfeiting. In fintech, Asset Tokenization facilitates fractional ownership of high-value assets, improving liquidity and accessibility in investment markets.
  • Reduced Fraud by 20%
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