Global partnership in e-commerce & Blockchain to empower cross border fruit trading and logistics

DUBAI SILICON OASIS, UAE - March 7, 2019 - PRLog -- RoadLaunch (roadlaunch.com), FactR (factrpay.io) and E-Fresco (e-fresco.com) have signed a multi-year partnership to bring trust, traceability and integration of Blockchain enabled platforms for intelligent logistics. Leveraging Smart Contracts for instant settlement in Dubai and surrounding areas, this partnership facilitates friction-less trade from farm to fork for time-sensitive fruit, and vegetables, with automation, and seamless importer/exporter workflows.

The partner ecosystem is highly complementary to each other — while RoadLaunch, an IBM certified solutions partner, provides a platform for intelligent logistics, enabled with AI and IoT-driven smart contracts, E-Fresco is an innovative company dedicated to offering a farm to fork marketplace that supports farmers and traders of fruits and vegetables worldwide. These, coupled with cross-border settlement with FactR, is truly strategic and forward thinking.

CEO and Founder of RoadLaunch/FactR Cory Skinner stated:  "Customers of E-Fresco, RoadLaunch, & FactR will have access to an IoT & Blockchain enabled Next Generation Logistics platform and will create the function for instant payment options, with an immutable ledger for unprecedented traceability and settlement resolution. These solutions will offer advanced features in Intelligent Logistics Supply Chain and create synergies between Ground, and Sea Freight partners in a digitized ecosystem."

e-FRESCO believes that virtual marketplaces will not succeed without vertical and horizontal integration of services. The vertical integration focus on serving a specific sector and segments. A generic virtual marketplace that provides a wide portfolio of products and services will not work anymore. In the Horizontal aspects, virtual marketplaces should not only provide networking services to connect importers and exporters. The Added value services among many services include critical services such as customer services, shipping, securing payments and quality assurance "

Founder and CEO of E-Fresco, Ammar Alshami Stated:

"The complexity of the supply chain in cross border transactions are due to the involvement of different stakeholders such as shipment companies, quality assurance companies, importer, exporter, and banking system. There is no way to enhance the effectiveness of the stakeholders involved in the supply chain without a blockchain system that secures shipment and payments. FactR and RoadLaunch are e-FRESCO key partners who integrate payment and logistic portal with e-FRESCO."

Now, Traders can find their sources or their clients and they can secure their shipment and payments as well as complete payments through with integration e-FRESCO system. RoadLaunch Integration allows e-FRESCO users, B2B traders to do payments and shipment through E-FRESCO dashboard. Now it becomes possible to involve all stakeholders in one Blockchain.

Simply, it's networking the network between all stakeholders involved in cross border transaction. Transparent transactions, reducing time and effort will be key advantages and benefits to increase the trust of the global B2B payment network.

For more information, please contact:

ammar@e-fresco.com
http://www.e-fresco.com