Avanza Innovations, a company from the United Arab Emirates, has unveiled an innovative platform that promises to radically change the approach to data exchange, providing the highest level of security and protection against unauthorized access. This cutting-edge technology can significantly speed up the customs clearance process, control commercial transactions, and optimize costs by reducing the time needed to process paper documents.
The developers are confident that their platform will become a key tool in strengthening Dubai’s position as a global logistics hub.
The blockchain technology on which it is based ensures a high level of transparency, helping to build sustainable trust among participants in the commercial process. The platform will provide counterparties with the ability to securely access and independently verify protected data, thereby increasing the efficiency and reliability of trade operations.
One of the significant advantages of the new technology is the ability to track the movement of goods in real time.
This will not only increase supply chain transparency but also effectively combat fraud and other violations.
In response to the growing needs of the cryptocurrency market, the Dubai Financial Services Authority (DFSA) recently updated local legislation.
These changes are aimed at simplifying local investors’ access to cryptocurrencies and tokens, as well as reducing the cost of services, creating more favorable conditions for the implementation and use of new technologies.
