The Arab Federation for the Digital Economy and Distichain, in the presence of His Excellency Dr. Ali M. Al Khouri, President of the Federation, a letter of intent.
The agreement aims to adopt digital technology solutions to enable export activities and support digital transformation in the areas of cross-border digital trade and business-to-business, with the aim of more supporting and strengthening the Free Trade Agreement in the Arab region and with to be linked to a broad international network of trading partners and logistics service providers. This agreement also aims to enable flexible connectivity between supply chains and encourage the growth of small and medium-sized businesses.
On the other hand, the proposed technological solution provides a digital framework for B2B commerce that is compatible with the requirements of a green economy.
The agreement was signed by the Deputy Secretary General of the Arab Federation for Digital Economy, Mr. Ayman Ghoneim, and Distichain’s co-founder and CEO, Haisam Jamal.
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About the Arab Federation of Digital Economy:
The Arab Federation for Digital Economy was founded in April 2018 by the Council of the Arab Economic Entity of the Arab League. The federation is tasked with pursuing ambitious goals to support and develop knowledge, infrastructure, regulatory, legal and technical standards and frameworks throughout the Arab world in the areas of digital economy, which in turn digital integration plans and sustainable development that Mobilizing Arab and international capabilities to positively impact Arab societies and improve the quality of life in the region. www.arab-digital-economy.org/
About Distichain:
Disticchain accelerates global commerce by providing a fully automated B2B marketplace platform using cutting-edge technology including blockchain. Digitizing cross-border trade through a connected ecosystem of supply chain, verification and fintech providers. MSMEs and companies benefit from a common infrastructure for global trade. Distichain, SECURE SIMPLIFY and EMPOWER trade end-to-end automation, accelerated and streamlined processes while increasing compliance and maintaining detailed audit trails. www.distichain.com, For inquiries: [email protected]
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