Ecommerce boom may be opening the doors for smugglers
The Loadstar is running a series of reports on the ecommerce sector, which has been ...
Following the launch of its National Single Window for Foreign Trade Facilitation (NAFEZA) last year, Egypt’s 80% state-owned company, Misr Technology Services (MTS), has extended its agreement with CargoX to provide Ethereum blockchain services for the next five years.
Ethereum is a decentralised, open-source blockchain with smart contract functionality. Since making the use of NAFEZA mandatory in Egyptian ports last year, the transfer system has handled over 1.1 million trade and finance documents for some 75,000 customers.
The new agreement extends this for ...
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