Shiptek Solutions Corp., developer of XLOG, the world’s first fully-integrated, blockchain-based, end-to-end shipping and logistics platform, plans to expand its presence beyond the Philippines and into the larger Southeast Asian region, banking on the rising demand for digital solutions in the regional logistics industry.
With the implementation of the Asean regional initiative called the Asean Single Window (ASW), Shiptek is bullish it can address the demand for digital solutions in the region following its early success in the Philippine market.
ASW aims to expedite cargo clearance and promote economic integration by enabling the exchange of trade-related documents among Asean member-states.
“We have seen remarkable and exponential growth in volume and revenues since our launch in 2018. As the only fully-integrated blockchain-based, end-to-end shipping and logistics digital ecosystem in the country, we are able to serve all the needs of the players in the industry – from shipping lines, freight forwarders, customs brokers, trucker associations, and even drivers,” said Eugenio Ynion Jr., Shiptek founder and chief executive officer.
