STABILITY’S Global Trust Network (GTN) is selected by Singapore’s IMDA to improve the adoption, trust, and interoperability of electronic documentation within international trade. We are extremely excited to share the news of our partnership with Infocomm Media Development Authority.
IMDA’s TradeTrust is a framework that comprises globally-accepted standards that connect governments and businesses to enable trusted interoperability of electronic trade documents — such as Bills of Lading (eBLs) — across digital platforms. TradeTrust is offered as an open source digital utility.
Klay Nichol, COO of STABILITY, had this to say about the partnership: “The IMDA’s innovative framework, powered by the Global Trust Network, enables a new era of trade where the security and reliability of public blockchain technology is accessible and practical for all.”
The collaboration between STABILITY and IMDA underscores both parties’ commitment to fostering innovation and driving the digital economy forward.
“We chose to work alongside STABILITY to use the GTN because it aligns perfectly with our design principles and international collaboration,” said Loh Sin Yong, Director, TradeTrust of IMDA.
For more information, please read the full press release.