Hospitals and Medical Institutions around the world are struck with a shortage of Personal Protective Equipment (PPE) to fight against the COVID-19 pandemic right now. HelloMedicalPPE aims to fulfil the dire PPE needs of these organisations and help combat the outbreak by connecting PPE buyers and credible trusted sellers on our FTP platform.
* Data Source - World Health Organization
FTP enhances end-to-end transactions by integrating multiple service providers in their respective industries such as Medical PPE or Semiconductors. These Service Providers’ Exclusive Offerings will give our SME members more choices and help them minimise their operational costs.
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The ongoing COVID-19 pandemic has triggered an unprecedented demand for scaling up essential technology to tackle the shortage and delivery inefficiency of PPE around the world.
Not only are existing procurement processes time-consuming, but businesses are also facing several other problems such as the lack of promptness in delivery and payment. Additionally, there is also the risk of purchasing from dodgy suppliers as buyers are unable to verify the suppliers' legitimacy before transacting with them, thereby resulting in the acquisition of sub-standard quality products.
Hence, HelloSME has created an FTP ecosystem built on Blockchain technology of an immutable nature. The final outcome—procurement efficiency, scalability, security and trackability, delivering PPE efficiently for both in-country and cross-border transactions.
The following are the other supporting technological tools and platforms that we have used to build the FTP ecosystem.