Thursday 14 November 2024
 
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Proteus Hyperconnect technology launched across GCC

MUSCAT, 2 days ago

#dltledgers Singapore, a leader in multi-party orchestration technology for logistics and supply chain management, is redefining the fintech and sustainability finance landscape in the Gulf Cooperation Council (GCC) region. 
 
The capabilities were launched across the region, as a part of the Singapore technology exchange programme, with several of GCC countries, today. By leveraging multi-party, multi-ledger technology and advanced Hyperconnect technology, GCC companies can seamlessly network and operate across on its shared data collaboration centre, a release said. 
 
A networked and shared data framework will cut cost and deliver immediate value for the entire trade-block and connect across the south east and far east markets. #dltledgers is uniquely positioned to augment your current sustainability initiatives, Supply chain eco systems, digital finance and support the region's transition towards a sustainable circular economy.
 
Multi-party eco system
In today’s fast-paced market, businesses face the challenge of maintaining efficiency and transparency across a multi-party eco system and complex supply chains. #dltledgers addresses these challenges head-on with its Proteus platform, designed to enhance collaboration among multiple stakeholders, from manufacturers to distributors. This innovative solution allows for real-time collaboration, authentication and validation of transactions, fostering trust and accountability within the finance and supply chain ecosystem.
 
The multi-party, multi-ledger approach utilised by #dltledgers empowers organisations to integrate seamlessly with existing systems, enabling them to enhance their current value chain processes without overhauling their infrastructure. This adaptability ensures that businesses can benefit from cutting-edge technology while maintaining operational continuity.
 
As the GCC embarks on a mission to diversify its economies and embrace sustainable practices, #dltledgers stands ready to support this transition. The Hyperconnect technology facilitates enhanced communication and data sharing among all parties involved in the supply chain, enabling businesses to respond swiftly to market demands and regulatory changes. This agility is critical for companies seeking to thrive in an increasingly competitive environment.
 
Reducing costs
The transition to a circular economy is not just a goal; it is a necessity for sustainable growth. #dltledgers is committed to helping organisations in the GCC implement practices that reduce costs and promote resource efficiency. By utilising the Proteus platform, businesses can track sustainability across product lifecycles and optimise resource utilisation, ensuring compliance with emerging environmental standards.
 
With #dltledgers at the forefront of fintech innovation, businesses in the GCC can confidently navigate the complexities of transparency in logistics and supply chain management. Their solutions not only enhance operational efficiencies but also pave the way for a sustainable future.--TradeArabia News Service
 



Tags: GCC | launch |

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