Business news from Ukraine

Business news from Ukraine

ORLAN-TRANS INTENDS TO START WORKING WITH CRYPTOCURRENCIES

27 April , 2017  

KYIV. April 27 (Interfax-Ukraine) – Orlan-Trans Group operating with the A2B Direct online platform for cargo companies plans to start working with cryptocurrencies.
An Interfax-Ukraine correspondent has reported that Director General Volodymyr Baida gave the information at the Logistic Up 2017 forum in Kyiv on Tuesday.
“Strange as it may sound for a Ukrainian carrier, now we see our monetization on starting work with cryptocurrencies. At present we intend to introduce a technology on the basis of blockchain. On May 24 we want to enter the ICO. We look at the work in the future,” he said.
As reported, Ukrainian businessman, a partner of Orlan-Trans and former transport minister of Ukraine Yevhen Chervonenko presented the A2B Direct online platform for haulers late 2016.
A2B Direct online service ensures direct cooperation between haulers and cargo owners at all stages. One can find an optimal hauler online. A2B Direct is able to connect to the driver 24/7. It maintains the entire document cycle, insurance and legal accompanying. The service users will be able to track their cargo online and fully get rid of forwarders’ markups.
Haulers and cargo owners will be able to quickly find deals and plan their loading, reducing no-load trips to minimum.
From October the service operated in the test mode in Ukraine. In 2017 it would be available for CIS states.
Among partners of the project are Kyivstar, WOG, OKKO, Alfa-Bank Ukraine, Bank Vostok and Unison insurance company. The project is launched with support of the Association of International Road Carriers of Ukraine (AsMAP).