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Distichain
Marketplace infrastructure-as-a-service
- 1-20 employees
- B2B
- Marketplace
- Supply Chain
- SaaS
- Automation
- Abu Dhabi Global Market Square, Abu Dhabi, Abu Dhabi
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Company mission
To empower your communities of sellers and buyers to trade securely and globally.
Our take
Supply chain complexity stems from optimization inefficiencies and lack of visibility, resulting in a time-consuming, ineffective system. Distichain digitalizes the entire trade flow, automating the entire supply chain process with all workflows implemented on one interface.
The company delivers B2B Marketplaces as a service (MAAS) to customers using blockchain and AI. This facilitates secure and transparent trade through its ecosystem of supply chain, verification, and trade finance providers. The company is partnered with Verofax, with whom they will offer a cross-border trade platform that delivers Digital B2B MAAS to enterprises.
By allowing multiple B2B marketplaces to share a unified infrastructure while operating independently, the company’s unique platform enables streamlined import and export activities, while increasing compliance and keeping detailed audit trails. As Distichain continues to develop and expand, it is set to further disrupt the trading space, leading the way to fully digitized trade systems.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 5 rounds)
Sep 2023
$1.3m
SEED
Jan 2023
$0.2m
GRANT
Total funding: $3m
Leadership
Haisam Jamal
(CEO)Former General Manager & Beauty Director (St. Honore) at Chalhoub Group. Previous Managing Partner at Tawzih, General Manager (Levant) at Nokia, and worked in Trade Marketing at Kraft Foods.