World’s largest business organization – The International Chamber of Commerce (ICC) has recently announced its collaboration with Singapore-based leading blockchain firm – Perlin to boost the blockchain adoption & take full advantages of next-generation blockchain technology among the 45 million member businesses it represents in over 130 countries. In the press release on April 12th Perlin confirmed the partnership and confirmed to help the ICC to roll out the blockchain technology for its vast member base across the globe.
Now a century old, the ICC has 45 million businesses under its wing that includes most national chambers of commerce and some of the world’s most impressive business giants i.e. Amazon, Coca Cola, PayPal, FedEx and McDonald and to take the Perlin as an official technology partner to accelerate the blockchain adoption is the result of its 100th anniversary.
John Denton AO, secretary general of the ICC, commented in the press release that “The ICC has always been committed to empowering our members to achieve the highest levels of corporate excellence and continuous innovation. In collaboration with Perlin, which leads the field in blockchain and distributed ledger development, we can help facilitate practical and truly disruptive transformation for businesses across every conceivable industry sector.”
Talking about Perlin, it has already launched various blockchain pilots in a different domain of businesses, i.e. Asia Pacific Rayon (APR), viscose rayon producer in Asia. ‘Follow our Fiber’ – a pilot program by Perling will help ARP and its customer to trace and monitor the key stages of production from planting to delivery over its viscose-rayon value chain. The ICC and Perlin will combinedly soon explore the various fields of businesses but for now, the Perlin blockchain platform will be focused on value chain traceability to create an efficient, transparent and practical platform that allows the business entities and its customer to track the products or goods through their stages of production and delivery.
Both firms believe that the blockchain adoption will definitely help the business organizations to vary out their businesses more effectively and efficiently while bringing the required turning points for the growth of both large-scaled and small-sized businesses. Moreover, the blockchain adoption by the world’s largest business organization will also help inspire the other firms to unleash the untapped potential of the next-generation blockchain technology.
Commenting this strategic partnership CEO of Perlin Dorjee Sun said that “The Perlin team has always recognized that meaningful blockchain and distributed ledger tech adoption can only be achieved by building tools that are practical, scalable, cost-effective and add substantial value for businesses of all sizes.” The partnership will also help Singapore to position itself as a hub for industry innovation and excellence as a number of advancements will take place in regional enterprises.