PETALING JAYA: Zetrix AI Bhd together with Federation of Malaysian Freight Forwarders (FMFF) will drive the full adoption of digital cross-border trade processing – beginning with the implementation of digital Certificates of Origin (COs) for trade between Malaysia and China.
In a statement, Zetrix AI said with government approval in place, the processing of COs for trade between Malaysia and China will now go fully paperless – powered end-to-end by the blockchain-based ZTrade platform.
This follows the memorandum of understanding signed last year to promote the adoption of ZTrade with Zetrix AI as the service provider and FMFF representing the end-users.
A CO is a legal document used in international trade to certify the country of origin of products.
