[Dhaka, Bangladesh – October 23, 2019]: LuxTag® Sdn Bhd, a Malaysian innovation-driven solution provider specializing in anti-counterfeiting and track & trace solutions, has signed a Memorandum of Understanding with AIIM Global Limited, (a sister concern of Abdul Monem Limited) to bring forward blockchain technology use-cases into Bangladesh.
LuxTag, along with AIIM Global Limited, seeks to explore how blockchain technology can be implemented in Healthcare, Education, Supply Chain, and Construction sectors.
The MoU signed at a ceremony held today at Dhaka, Bangladesh. Where LuxTag is represented by Ahnaf Akif Kamal, Country Manager. Meanwhile, AIIM Global Limited represented by – Akram Hossain – COO, Ashief Ahmed – CTO, and Nasir Zaman – Deputy Manager. Under the agreement, both companies will be working to develop eServices powered by blockchain and digital ledger technology (“DLT”).
LuxTag utilizes the revolutionary NEM Blockchain technology in order to provide their clients with an unmatched level of versatility and ensure quality and customer satisfaction.
Blockchain is an immutable & transparent database concept. It uses elements of distributed computing, featuring high-availability, enables peer-to-peer interaction, saving time & money. Thanks to its many benefits, whole ecosystems composed of several different blockchain platforms have bloomed around this technology.
Ahnaf Akif Kamal, LuxTag Country Manager in Bangladesh has announced that this partnership will lead to meaningful work for Bangladesh and LuxTag.
“At LuxTag, we are very excited to be working with one of the largest conglomerates in Bangladesh and to be bringing this revolutionary technology across the nation targeting several industries and improving development” said Ahnaf Kamal, Country Manager.
Akram Hossain, COO of AIIM Global Limited, is excited for the partnership with LuxTag; he said, “The future of IT is endless, and AIIM Global Limited wants to contribute to the ICT industry of the country. We believe that our successful partnership with LuxTag will enable us to offer top-notch IT-enabled solutions in Bangladesh”.
LuxTag believes that this is the start of an impactful strategic partnership to create competitive advantages and enable added value for businesses in Bangladesh through blockchain-enabled solutions.
LuxTag is an anti-counterfeit and track&trace solution provider, utilizing state of the art technologies like blockchain and IoT. Its service built on the NEM blockchain issues digitized certiﬁcates of authenticity for physical products and links these to brands and owners through multi-signature contracts.
The LuxTag technology provides additional business intelligence through innovative means of enhanced customer engagement. As of today, the catered industries include Art, Fashion and Apparel, Jewelry, Luxury, Education, Pharmaceuticals and Documents.
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About AIIM Global Limited
AIIM Global Limited, a sister concern of Abdul Monem Group, is a next-generation global technology company that offers unique combination of Technical Expertise and IT-enabled solutions to the potential clients. This company has been serving different companies with Software Solutions, Data Center & Network Support, Server & Storage Solutions. Cloud related Services, Security & Surveillance products and is open to develop new partnerships for the new innovations happening worldwide.
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