KARTBLOCK ALLIANCES WITH REDCAB FOR STRATEGIC PARTNERSHIP

KartBlock has taken a leap in signing a strategic alliance with Redcab a Decentralized Peer2Peer transportation solution on the Blockchain. This will ensure a strong working partnership for both parties.

KartBlock is an ecosystem combining an e-commerce platform, digital wallet, and tokenized reward mechanism. KartBlock is the provider of underlying blockchain technology to 27avenue.com An eCommerce marketplace operating since 2013 in India and Singapore with customer base in US, Canada, UK, Europe, Hong Kong, Singapore and Australia. A simple yet powerful idea behind this ecosystem is directly rewarding the customers/users for their valuable contribution to the Kart Block platform, without the need for any middlemen.

KartBlock will look to boost the eCommerce sales through this alliance and use the drivers as a last mile delivery solution. This will provide extra income for the Redcab drivers and bring more connectivity for the ecommerce logistics solution. The tokenized payments mechanism of Redcab will ease the return orders delay time and bring down the costs by 15% further.