Matrix is honored to announce that it has signed an exclusive agreement with the Beijing Haitong Transport Company (海通股份) to develop the MBC project. The MBC project focuses on four areas of collaboration: Artificial Intelligence, Blockchain, DApps and Enterprise Resource Planning Systems. Its goal is to build an intelligent global freight shipping application platform integrating big data information processing, smart contracts, DApps, financial services and payment systems on the Matrix blockchain. The goal of the project is to upgrade and improve the current global shipping industry information systems via AI and blockchain technologies by automating and streamlining much of the supply chain.
According to Matrix Business Manager Simon Han, Matrix’s cooperation with the Beijing Haitong Transport Company “represents an important step towards real-world adoption and industrial applications. It also brings exposure to payment systems and the transformative impact of intelligent contracts.” Matrix is responsible for conducting all research and development work. They are the only AI and blockchain technology service provider in the MBC project.
Founded in 2006 and headquartered in Beijing, China, the Beijing Haitong Transportation Company is an international freight forwarding and integrated logistics services provider covering maritime, land and air transport, and is listed on the “New Third Board” stock market (Stock Code: 834696). They are the main logistics service provider for major engineering projects run by state-owned enterprises such as the China National Building Material Group and PetroChina. Notable projects include the “East Gas Pipeline,” the “Sino-Myanmar Pipeline” and the “Tanzania Pipeline.”
The Beijing Haitong Transportation Company has, on numerous occasions, received the “Excellent Logistics Service Provider” award (优秀物流服务商) from the Chinese Government.