Our Co-Founder & COO, Sukhi Jutla, was recently quoted in AMB Crypto article ‘Binance’s acquisition of CoinMarketCap: More reality check than poppycock?’.
She said: “Binance is a trading platform and they could influence or tinker with trade data on CMC platforms. This would raise issues of trust and whether or not Binance may artificially or overly promote coins that are listed on Binance.”
She added: “This [sale] could be a good way for CZ to expand and lend his personal brand to his new acquisition which could drive even more traffic to both sites and set them both up as the dominant leaders in a market where it can be difficult to ascertain who can be trusted and who is a scam.”
You can read the full article here.
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Our COO & Co-Founder, Sukhi Jutla, was recently interviewed by Techopedia on women in technology. The article “Women in Tech Entrepreneurs: Resilient, Intuitive, and Paying it Forward”, tells the story of women navigating their careers in the technology field.
The journalist, Terri Williams, wrote:
Use Failure is a Stepping Stone
Sukhi Jutla is the co-founder and COO at MarketOrders, an award-winning blockchain-based platform for the gold and diamond jewelry industry. MarketOrders, which was founded in 2016, connects retailers and suppliers, allowing them to source products without a middleman.
“We saw a gap in the market for a more efficient way of supplying gold and diamond jewelry on a global basis, and MarketOrders was created to be that solution so we can efficiently match the supply and demand for gold jewelry products in a historically traditional and opaque environment,” Jutla explained.
“Using blockchain technology, our platform makes processes and the supply chain more transparent.”
This isn’t Jutla’s first jewelry-related business. In fact, she says it’s her third attempt. “The first two didn’t work out, but I learned so much along the way that has enabled me to reach this point that I am at now.”
Without having those failed experiences, she says she wouldn’t have learned what she needed to know about the industry to create the right business model. (Read The Future of Women in Tech.)
“MarketOrders was the first online version of the business: it was the phoenix that arose from the ashes of the other businesses, which were more along the model of the traditional wholesalers,” Jutla said.
“MarketOrders is digitized, streamlined and the key for us is that we can buy in bulk and get discount savings — and everyone benefits.”
As a tech entrepreneur, she advises being cognizant of what you’re building and ensuring that it’s what your customers want. “Feedback and iteration are a vital part of building a tech business.”
She points to overcoming the unknown as a main challenge, but says it’s an inherent part of running a business. “The best tools I have found to overcome this is to stay determined to overcome any challenges, to persist to find a solution.”
Regarding women in tech, Jutla, who has also authored three books, says it’s important to showcase the different roles available in the industry.
You can read the full article here.
“The firm said it plans on making a number of strategic tech hires, who will primarily focus on developing the platform, which is currently in beta phase.”
Founded in 2016 by Sukhi Jutla and Ram Krishnna Rao, MarketOrders aims to transform the way in which independent retail jewellers purchase gold and diamond products from suppliers. Specifically, the company said it uses technology to ensure jewellers can get the products they need “faster, cheaper and directly from global suppliers, while cutting out the middleman”.
Click HERE to read the article
Sukhi Jutla, COO and co-founder, Marketorders writes about
“How blockchain and modern technology has helped to change the way the sector is functioning.”
“Every aspect of our lives is now heavily saturated with technology. We have startups, like Deliveroo and JustEat, delivering your takeout food, technology to collect your laundry such as LaundryHeap, and a plethora of companies, such as Uber, to take you to your destination with a few clicks of a button. Yet, until now, there was one significant industry that still hadn’t embraced technological disruption: the gold and diamond jewellery industry. Let’s call this JewelTech; the $175 billion-dollar industry, which is set to grow exponentially.”
In Conversation with Sukhi Jutla Co-Founder & COO Market Orders : BloxLiveTV.
Click HERE to listen to interview.
In Conversation with Sukhi Jutla Co-Founder & COO Market Orders : [BULL.IO]
Watch the video below
Read the article HERE
Crypto Interview with Market Orders COO Sukhi Jutla @ LDN Blockchain Week 2019
“We spoke with MarketOrders COO Sukhi Jutla at the fifth annual London Blockchain Week 2019. She spoke about London’s thriving blockchain ecosystem, the complex luxury jewelry supply chain, the lack of trust in the high street jewelry market, product verification through blockchain technology, the team’s plans to expand across the world and much more.”