KartBlock has taken a leap in signing a strategic alliance with Redcab a Decentralized Peer2Peer transportation solution on the Blockchain. This will ensure a strong working partnership for both parties.
KartBlock is an ecosystem combining an e-commerce platform, digital wallet, and tokenized reward mechanism. KartBlock is the provider of underlying blockchain technology to 27avenue.com An eCommerce marketplace operating since 2013 in India and Singapore with customer base in US, Canada, UK, Europe, Hong Kong, Singapore and Australia. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen.
KartBlock will look to boost the eCommerce sales through this alliance and use the drivers as a last mile delivery solution. This will provide extra income for the Redcab drivers and bring more connectivity for the ecommerce logistics solution. The tokenized payments mechanism of Redcab will ease the return orders delay time and bring down the costs by 15% further.
KartBlock Founder and CEO, Waqas Nakhwa, adds “This is a very good alliance for the team, since we operate in the same demographic location it makes it more viable for the utility of the token. The transportation solution and eCommerce will compliment each other in giving the customers more value. We look to reach larger customers and build a strong a community with this partnership”
RedCab Co-Founder and CEO, Mohamed Mousa agrees “The collaboration between KartBlock of UAE and RedCab LLC. will offer our GCC customers an outstanding customer experience”
RedCab LLC has been observing the transformation of car sharing and transportation industry during the past 8 years from technical and social side. For the past year the research has started by the founders to build the first global transportation community and introduce a new business model based on sharing economy and community development, and on the other side build a profitable business based on data monetization from Geo Ads. RedCab LLC believes in the power of community when they have the right tools and the firm operation expansion becomes a matter of time.
For more information on the KartBlock platform, you can visit their website – https://www.kartblock.io/
For more information on RedCab, you can visit their website – https://redcab.io/