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Minehub Technologies Inc V.MHUB

Alternate Symbol(s):  MHUBF

Technology Software - Application Information Technology
MineHub Technologies Inc. provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. The Company’s principal business is the development and operation of a digital supply chain platform for the commodity markets. The Company offers software as a service (SaaS) subscription as well as professional services. Its platform provides trade management, inventory management, ESG and compliance, emissions, trade finance, and assay exchange. The Company’s solutions are used by global enterprises already as part of their logistics, compliance, trade management and financing operations.


TSXV:MHUB - Post by User

Minehub Technologies Inc
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Post by Stockydocon Aug 04, 2022 2:31pm
90 Views
Post# 34871776

Digitalizing supply chain processes

Digitalizing supply chain processesRecently read an article on paperless trade and its impact.

Details:
- Paper based processes are complex, slow, and expensive - costing about US$11 billion per year for paper B/Ls
- Commonwealth's analysis on the move to paperless trade could increase trade across the Commonwealth by US$90 B
- Legal reform to support digitalization could add a further US$1.1 T by 2026
- Ultimately, paperless trade makes commercial container shipping faster, cheaper, more secure, and environmentally friendly

It is clear that the benefits to the digitalization of supply chains are huge and MHUB will continue to grow their platform to improve the efficiency of supply chain processes. With supply chain breakdowns still being an issue and contributing to inflation, moving away from inefficient paper based supply chain processes to MHUB's technology is key.

https://dcsa.org/newsroom/resources/paperless-trade-what-the-commonwealths-quantitative-analysis-tells-us/?utm_source=newsletter&utm_medium=email&utm_campaign=paperlesstrade&utm_content=
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