Enables companies to integrate their logistics operations with Dubai CommerCity’s block chain platform while enhancing the flexibility and speed of operations.
Dubai CommerCity, a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties, has announced the launch of “Logi-Flow”. It will integrate block chain technology with the logistics operations of small and medium-sized companies.
This integration aims to lower costs for these companies while enhancing the overall flexibility and efficiency of their logistics, particularly in digital trade.
This initiative aligns with Dubai CommerCity’s objectives to fulfill the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The objective is to strengthen Dubai’s status as a hub for the digital economy and to support national strategies related to the digital economy and future technologies. These endeavors are also closely connected to the Emirate’s process of digital transformation. This will be acknowledged through a distinctive digital system that enhances business operations and facilitates business processes, alongside the incorporation of Fourth Industrial Revolution technologies, such as block chain for small and medium-sized businesses.
Abdulrahman Shaheen, Senior Vice President for Property Management and Supply Chain, said, “This step addresses challenges that companies might face across various stages of e-commerce operations, particularly during the initial setup. This platform will significantly contribute to the progress and expansion of the digital commerce sector in the upcoming phase. This is especially significant considering the projection that e-commerce retail sales in the UAE will account for 12.6% of total retail sales by 2026.”
Logi-Flow, a secure and measurable system, relies on a pay-as-you-go approach tied to transaction volume. It offers round-the-clock support without incurring IT service and maintenance costs, ensuring transparency throughout the entire order process, from creation to delivery.
