DAFZO turns to Blockchain tech copy

UK-based logistics company DAFZO has turned to Blockchain technology for charting a strong growth strategy. The company has turned to the Blockchain-based P2P logistics platform and is eyeing significant cost savings in the supply chain. If this will induce a disruptive change, the logistics company is looking to leverage smart contracts and artificial intelligence to reduce turn around time and heavy transaction fees. Developing an ecosystem that benefits international buyers, e-store and importers as well as exporters, DAFZO is looking at eliminating financial intermediaries like bankers that facilitate international sales based on the Letter of Credit. The company has partnered with a Hongkong based global logistics support partner Galaxy E-solutions Hybrid. Expressed Sushant Kumar, Co-founder and COO, that his company is using smart contract for every transaction to ensure a high level of security.

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