Canada's Morpheus.Network (MNW) Selected to Provide Electronic Certificates of Origin MVP for the Mongolia National Chamber of Commerce and Industry (MNCCI) [Yahoo! Finance]
Telefonica SA (TEF)
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Source: Yahoo! Finance
TORONTO, ON / ACCESSWIRE / May 21, 2024 / The Mongolia National Chamber of Commerce and Industry (MNCCI) is the authorized entity to issue Certificates Of Origins (COOs) for the Generalized System of Preferences of 37 countries, 6 countries under the Asia-Pacific Trade Agreement (APTA), and the Mongolia-Japan Economic Partnership Agreement (EPA). In case of inconsistencies, business actors need to contact the MNCCI to confirm the COO's authenticity, entailing additional operational costs and delays that defeat the benefits of preferential treatment and increase risk of fraud. A preliminary technical assessment resulted in experimenting with an innovative solution based on Blockchain and Distributed Ledger Technology (DLT) technologies funded by the ADB Digital Learning Labs (Asian Development Bank) and in coordination with ADB East Asia Department (EARD). The selection criteria were stringent and clear: the chosen solution had to embody innovation, harnessing and leveraging cutting
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TEF
Earnings
- 5/10/24 - Beat
TEF
Sec Filings
- 5/22/24 - Form SC
- 5/15/24 - Form SC
- 5/13/24 - Form SC
- TEF's page on the SEC website