Project Details

Country: Dubai
Domain: Trading

Client Profile

Our client is a prominent service provider in the tech space, offering cutting-edge solutions using ground-breaking technologies such as blockchain, artificial intelligence and machine learning, robotics and IoT, and AR/VR for several industries that include healthcare, retail and ecommerce,logistics, banking and insurance, and many more across the Middle East.

Business Scenario

Our client identified major challenges in the way conventional B2B trading took place on a daily basis. Some critical concern areas were:

• Lack of trust, consistency, and transparency
• Challenges in validating trustworthiness of the counterparties
• Loss of actual and potential revenues

Cygnet's Solution

Cygnet worked with the client’s team to support its evolving decentralized solution strategies. Our expert team analyzed the scope of work and developed online marketplace powered by blockchain that addresses all the aspects of the future world of ecommerce.