Universal Blockchain Firm To Open A Logistic Center In Kenya
The world’s first global logistics crypto TMX Global Coin is set up to open a store in Kenya.
TMX Blockchain Logistics uses blockchain technology to improve the logistics of cargo business with a more open, transparent and democratic process, and also using a decentralized system where all users can talk to each other on an open platform.
Antony Nyoroge, CEO of TMX Blockchain Logistics mentioned that a lot of issues have been discussed around the export trade system in Kenya and how inconvenient it is for buyers and sellers of goods.
Nyoroge indicated that blockchain would help consumers to order and track goods on the Internet.
He as well noted that the consumer also learns the amount of money required during the various processes through which the goods pass.
As soon as the load successfully passes the process, the system marks the completion of the current process and starts the next one.
TMX Blockchain Logistics is a decentralized protocol that uses smart contracts based on blocking technologies and solves problems of both local and international logistics in a much larger scale.
The goal of TMX Blockchain Logistics is to reduce costs and improve delivery efficiency by integrating information on shipments onto a secure platform available to shippers, carriers, freight forwarders and others in the supply chain.