Proactive Investors - Run By Investors For Investors
Why invest in SWEET?
Sweetbridge: DEEP DIVE

UK can take lead in blockchain technology says logistics disruptor Sweetbridge

“London can be the centre of all of the activity that is going on.”
Sweetbridge wants to release value trapped in supply chains

Britain has an opportunity to be the world leader in the emerging blockchain technology space according to Scott Nelson, the head of supply chain/logistics specialist Sweetbridge Alliance.

The UK’s Financial Conduct Authority has already launched a global regulatory sandbox for fintech companies.

WATCH: Sweetbridge 'creating the ability for everybody to get money from anything'

This allows them to test products under controlled conditions without going through the full regulatory process.

The aim is to fast-track new technologies that will benefit consumers and businesses and Nelson believes the UK is in a prime position to take over capital formation around the world.

“Brexit has created a burning platform that has made Britain open to things it might not have been previously,” he told Proactive.

“There is a growing awareness that this [blockchain] technology is a way of generating a tremendous amount of economic growth and activity if done properly.

“London can be the centre of all of the activity that is going on.”

New world order for logistics

Nelson, who was in London to promote Switzerland- based Sweetbridge’s token crowdsale, said he has been lobbying authorities in the US to establish a similar-style sandbox.

The supply industry veteran has serious ambitions for the not-for-profit entity and sees Sweetcoin as a way of releasing the huge value trapped within the US$54trn global trade system.

He points to the US$27trn held in current assets around the world.

“Our protocol enables us to take the value an asset has and convert it into another class that is stable and liquid.”

That will enable businesses (and people) access to low cost or zero-interest loans without having to borrow from an intermediary such as a bank or government.

Rather than a cost, a freight company, for example, can use its debtor balance to lend and be rewarded through earning additional coins in the Sweetbridge network.

 “Using blockchain, you can even borrow from yourself.”

Five-layer protocol

Sweetbridge’s programme has five protocol layers, all of which come with their own set of rules and procedures with rewards for growing the network.

Nelson says models run already for several major logistics firms have pointed to a 20-30% uplifts in equity value.

A lot of interest is now being shown by banks, corporations and also countries, he adds.

Sweetbridge aims to raise US$65mln from the current token sale, details of which are available at

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full SWEET profile View Profile

Sweetbridge Timeline

Related Articles

Litecoin, Ethereum, and Bitcoin
July 10 2018
The firm is aiming to launch a four-pronged offering aimed at drawing new and traditional investors into the rapidly expanding crypto and blockchain markets
May 18 2019
Navigated tricky peroiod operationally Inked an important deal Re-visited its strategy Oh, and it is well-funded
Blockchain handshake
November 22 2018
The company styles itself as a “full-service technology commercialization company” specializing in enterprise software solutions, security token offerings, strategic portfolio investments and joint ventures

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use