Singapore-based start-up DiMuto aims to help small and medium-sized enterprises (SMEs) in the fresh fruit industry secure financing by increasing supply-chain transparency using its Track & Trace blockchain platform. DiMuto has partnered with Thai durian producer Queen, to track four million of the fruit shipped to China, Japan and elsewhere in Asia by June 2019. The data will be shared with Queen's partners to eliminate trade disputes, while DiMuto's trade finance partner, Havenport Investments, will use it to carry out accurate credit assessments for SMEs.
Singapore-based start-up DiMuto aims to help small and medium-sized enterprises (SMEs) in the fresh fruit industry secure financing by increasing supply-chain transparency using its Track & Trace blockchain platform. DiMuto has partnered with Thai durian producer Queen, to track four million of the fruit shipped to China, Japan and elsewhere in Asia by December. The data will be shared with Queen's partners to eliminate trade disputes, while DiMuto's trade finance partner, Havenport Investments, will use it to carry out accurate credit assessments for SMEs.