Ambrosus Ecosystem joins forces with an Asian business accelerator: providing proof of origins, traceability, and bringing Ukrainian FMCG businesses to Singapore
Tags: Supply Chain, Asia, Fmcg, Blockchain, Blockchain Technology

Ambrosus Ecosystem joins forces with an Asian business accelerator: providing proof of origins, traceability, and bringing Ukrainian FMCG businesses to Singapore Ambrosus Follow Jun 17 · 2 min read

We are excited about our newly sealed partnership with Business Engineers Asia (BEA), a leading Singaporean business incubator. BEA is relaunching its Best of Ukraine campaign this year, with an initiative Ukraine 30@SG to help 30 Ukrainian brands enter the Singapore retail market. Ambrosus Ecosystem will be providing proof of origins and supply chain traceability for bringing Ukrainian FMCG businesses to Singapore.

Developing global supply chains

Supporting Ukrainian businesses will benefit global blockchain-based supply chains, as the country is well-known for its high-quality agricultural products, which have strong potential for international trade. With the backing of Ambrosus Ecosystem security and traceability, Ukraine’s exported products will be tracked and delivered safely, benefiting all interested stakeholders and end consumers. Ukrainian companies are now able to utilize the Ambrosus blockchain to prove their competitiveness in the ASEAN market. As a result, Ambrosus blockchain adds a higher level of value proposition to the promising Ukrainian firms.

Ambrosus Ecosystem takes the lead

Our team is thrilled to unlock access to new markets for companies from developing countries that are looking for proof of origins and traceability solutions. The BEA initiative in Ukraine is a fantastic opportunity to diversify use cases of Ambrosus and benefit the crypto community. The supporters of our ecosystem will, too, benefit from new bundles, nodes, and, generally, from being a part of an international program.

Sergii, the head of business development at Ambrosus Ecosystem, reinforces that our blockchain solutions are essential and will act as the bridge of automated quality control between the Ukrainian and Singaporean markets. Sergii also highlights that

It has become apparent that the global recession called for a need to trade in a faster and more precise manner. And within the context of that, the digitization trend we see happening across the globe happens to smoothen out the borders between countries step by step. However, there may still be a lack of trust between parties. Ambrosus provides developing countries with its blockchain ecosystem and dedicated solutions for parties to prove and verify the origin of their products, bringing transparency and creating an environment of trust.

About the Initiative

The BEA entity in Ukraine oversees companies in the FMCG and retail industry in their market entry strategy into the Singaporean market. This year celebrates the 30th anniversary of Ukrainian independence, so BEA is relaunching its Best of Ukraine campaign, introducing promising Ukrainian businesses to the ASEAN region this year.

The Ambrosus Ecosystem team is honored to bring blockchain-powered change and innovation to Ukrainian companies in the prospective region together with our new partners.