Empowering authorities with a B2B platform for Foreign Trade

A governement-led B2B platform serves as a country’s digital intiative to support MSMEs in growing their businesses and reaching new markets. The portal enables local companies to operate online, post their products, negotiate, and close deals. It is important to ensure that the B2B platform is fully integrated with finance and supply chain to facilitate and offer a full digital experience to traders.

Governments and trade authorities around the world have been taking proactive steps to facilitate trade and create an interconnectedness for global value chains. With recent challenges and disruptions in supply-chains, we have been witnessing digital transformation within governments to boost economies and support local businesses.

By creating vertical B2B portals, governments are harnessing new technological advancements driving innovation and inclusive trade growth.

Distichain is at the core of interoperability and trade orchestration, uniquely positioned to serve government initiatives. It provides a tradetech infrastructure with an ecosystem of 3^rd party providers, flexible enough to integrate localized services, strengthening local technologies and trade solutions.

Building an online presence through a personalized B2B marketplace is crucial to staying globally competitive, boost the country’s GDP, empower local produce, and ensure trade resilience.
SMEs are the backbone of every country, governments will be supporting them by offering streamlined operational and financial benefits:

• Automate sales and business processes
• Grow businesses with secure high-value orders
• Reduce operational expenses
• Reach wider pool of traders and new markets

Distichain solutions bring the most innovative tools to fully automate the trade and deliver advantages like no other B2B platform available in the market today. Check the solutions page for more details on the functionalities and capabilities.

There are many challenges to consider when building a B2B marketplace or portal. It is a lengthy process and costly in terms of development and maintenance. In order to tackle the complexities of global trade, governments should find a pre-built solution with an integrated ecosystem that is flexible for localization. Distichain offers a fast go-to-market solution integrated with various service providers and a robust infrastructure with rapid scalability. You focus on your trade operations while we take care of the technology at a fraction of the cost and hassle-free.

Building a B2B marketplace is time-consuming and can take from 6 months to a year. Post-development, there will be ongoing development and maintenance work, which will add largely to the cost. Distichain can fast-track this process and deliver a white-labeled marketplace in days. As the marketplace owner, you will have full control over setting according to your business workflows.

Distichain is a fully comprehensive solution that automates the trade cycle from procurement to delivery. Each step taken during a single trade transaction has been automated on our systems to facilitate a seamless experience. Traders receive notifications for every action that needs to be completed. The system is intuitive and collaborative, recording every detail for future reference on the blockchain. Product information is managed by a PIM, which acts as a central place to store, enrich, and manage complex product data. Banking and logistics are accessible through the platform, allowing zero e-mail formula and absolutely no manual intervention for a seamless B2B platform.

Every entity might have its own ERP solutions and other integrations that facilitate its processes. Distichain is an adaptable headless platform that can be easily integrated into your systems and allow all the solutions to work as a single unit. We will give you access to our API documentation in order to integrate the tools needed to automate the trade.