Singapore blockchain startup Perlin will help the International Chamber of Commerce (ICC), which is the largest business organization in the world, to distribute DLT to its 45 million members.
According to a press release, the organization will help create contact between Perlin and its members, which include Amazon, Coca Cola, Fedex, McDonalds and PayPal. Perlin will be the official technology partner of ICC and will provide free access to its blockchain platform at an early stage of the project, “with an initial focus on practical, efficient and scalable blockchain traceability and transparency systems for value chains."
The ICC has always been committed to empowering our members to achieve the highest levels of corporate excellence and continuing 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.
John Denton AO
Secretary General, ICC
Project participants note that they will try to find an application for the blockchain both for large enterprises and for companies that are representatives of small and medium-sized businesses and have much more modest budgets.
The Perlin team has always recognised 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” shared. As the real-world pilots we’re already deploying show, the technology we’ve built meets each of these essential criteria head on.
ICC and Perlin will also promote regional initiatives that will help Singapore establish itself as a center of innovation, particularly in the commodities trading.