Malaysian Prince Tunku Naquiyuddin has described XLOG’s fully-integrated blockchain-based end-to-end shipping and logistics platform as an effective enabler.
He said it has opened new opportunities for businesses by providing new dynamism to global trade routes similar to what European explorer Ferdinand Magellan did 600 years ago.
“In history books about Magellan, who came to the Philippines 600 years ago… the trade routes developed tremendously,” Prince Tunku said during the signing of partnership deals with Future Greens Commercial Broker and Quadd Solutions (Pvt) Ltd.
Future Greens is a primary digital platforms solutions provider in the MENA (the Middle East and North Africa) region while Quadd Solutions (Pvt) Ltd.is a Sri-Lanka-based pioneer in self-service solutions for sophisticated modern lifestyle.
Antah HealthCare Group, of which the prince is executive chairman, also signed an agency with XLOG developer Shiptek.
Magellan’s discovery of the Philippines in 1521 is credited in history as the first expedition to prove that the world is round and that the east could be reached by traveling west.
“It’s great that 600 years later, in the same country that he visited, we are today launching a platform that will transform logistics to a new dynamism,” Tunku added while congratulating the XLOG team for achieving a significant milestone by “opening in the region and making their first global footprint.”
He explained the XLOG platform has opened doors to many businesses and people and pointed out the partnership with Antah would also allow access to their network to open up more markets while establishing end-to-end solutions for shippers, freight forwarders and service providers.
XLOG is an end-to-end shipping and logistics platform on the blockchain which leverages the latest technologies for a seamless experience. It creates complete documentation of door-to-door shipment from the country of origin to the country of destination. The platform also provides instant access to both historical and current shipments.
“For such a platform, it will enable customers to be more selective, more discerning, and also be able to track the delivery at any time. This product, which is delivering to the world from the ASEAN — and of course, ASEAN has a population of over 600 million people — bodes well for the region, which is already attracting a huge inflow and outflow of container traffic and general cargo,” the prince said.
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