Blockchain Business News

Ambrosus Ecosystem Partners With a Leading Asian Business Accelerator for a Blockchain-Backed Trade Campaign

Ambrosus Ecosystem 

Ambrosus Ecosystem has joined forces with Business Engineers Asia to enable FMCG Ukrainian companies to enter the South-East Asian market via Singapore through an incubator program

Ambrosus Ecosystem has partnered with Business Engineers Asia (BEA), a leading Singaporean business incubator. BEA is relaunching its Best of Ukraine campaign this year, with an initiative Ukraine 30@SG where it will help 30 Ukrainian brands enter Singapore retail market. Ambrosus Ecosystem will be providing proof of origin and supply chain traceability, bringing promising Ukrainian FMCG products to Singapore.

With the Ambrosus blockchain, Ukraine’s exported products will get a competitive edge and be tracked and delivered safely, benefiting all participating stakeholders and end consumers. Supporting Ukrainian businesses will benefit global blockchain-based supply chains, as the country is well-known for its high-quality agricultural products, which have strong potential for international trade.

Read More: i2c Becomes First Company to be a Visa Fintech Fast Track Member in Four Regions

Sergii Grygoriev, Head of business development at Ambrosus Ecosystem, reinforces that Ambrosus blockchain solutions are essential and will act as the bridge of automated quality control between the Ukrainian and Singaporean markets.

Read More: Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

The global recession has called for a need to trade in a faster and more precise manner. Within the context of that, the digitization trend we see happening across the globe is smoothing out the borders between countries step by step,” stated Sergii Grygoriev. “However, there may still be a lack of trust between parties. Ambrosus provides developing countries with a blockchain ecosystem and dedicated solutions for parties to prove and verify the origin of their products, bringing transparency and creating an environment of trust.”

Read More: Bakkt Expands Reach of the Digital Wallet Experience to Send Digital Assets to Anyone

Related posts

Nuula Announces Partnership With Even Financial to Power New Personal Loan Search Feature to Help Early-Stage Small Businesses

Fintech News Desk

WeLab Acquires Bank Jasa Jakarta in Indonesia With Plans to Launch Second Digital Bank in Asia, After Successful Launch in Hong Kong

Fintech News Desk
1