Blockchain
LiteLink Technologies Signs Letter of Intent for Strategic Commercial Relationship with International Supply Chain Partner Control Union
LiteLink Technologies Inc. (“LiteLink“) (CSE:LLT) (OTC:LLNKF) (FRA:C0B), a key player in logistics and supply chain platforms, is pleased to announce that it has entered into a non-binding letter of intent (“LOI“) with Control Union Guatemala S.A. (“Control Union“), the terms of which provide for a strategic commercial relationship between the parties, including a joint go-to-market with LiteLink’s 1SHIFT Logistics platform in Central and South America.
Control Union has been operating for over 100 years in the field of logistics, quality, certifications and risk management. To this day, Control Union operates in more than 70 countries and employs more than 4,000 people around the globe. Control Union covers all aspects of the supply chain in many industries including agriculture, energy, forestry, sustainability and textiles.
Under the terms of the LOI, LiteLink would provide Control Union with all the tools and materials necessary to go-to-market with 1Shift Logistics to their existing client base, significantly reducing friction and the cost of acquisition for the platform. The parties would determine revenue split upon the successful completion of a trial customer, and each party would bear their own cost of sales. The proposed agreement would remain in effect for the first 24 months, with auto renewal for successive 12 month terms. LiteLink and Control Union have also defined their first two target customers that would validate the transition from a letter of intent to a definitive commercial agreement.
“1SHIFT Logistics is fast and efficient logistics made easy for Freight Forwarders, Shippers, Distributors and Carriers,” said Malcolm Graham, Regional Director of Control Union Central America. “The platform with its web, mobile driver solutions, and cold chain sensors will open up an untapped supply engine for established shippers and carriers. With Control Union’s deep supply chain experience and network paired with the 1SHIFT Logistics platform I can see how we can drive even more value and drive end to end trust and operational efficiencies.”
“By providing a blockchain track and trace solution, 1SHIFT Logistics is not only giving the desirable visibility to all the actors in the chain, but also to the insurance companies covering these operations, representing more controls and therefore a notorious decrease in operational risks”, stated Julián de Ambrosi, Country Manager of Control Union Mexico.
“I was quite impressed with the level of process, maturity and global adoptions of the Control Union team members that I met at the Produce Marketing Association late last year in Anaheim, California,” said LiteLink CEO Ashik Karim. “Control Union has the scale, discipline and background of ensuring goods have minimal risk during transport. It was a natural fit to pair our 1SHIFT visibility and marketplace that has the backing of immutable proof of blockchain with a global leader commodity certification of quality.”
SOURCE LiteLink Technologies Inc.
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UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
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