Today in B2B: ShelfNow Online Marketplace Gets Blockchain Integration; Kemitt Adds B2B Platform to Its eCommerce Offering

Today in B2B payments, ShelfNow rolls out a blockchain integration, while Kemitt expands its eCommerce offering. Plus, VerifyMe acquires Periship, BuyHive brings its third-party sourcing platform to the United States and United Kingdom, new market expansion is helped with payments orchestration, The Knot adds cryptocurrency to its wedding registries and Swvl Holdings acquires Volt Lines.

B2B online marketplace ShelfNow has launched a blockchain integration across its intelligent platform, in partnership with New Zealand software company Trackgood, to create what the company said is the world’s first blockchain-enabled marketplace. The integration of blockchain promotes transparency, sustainability, accountability and ethical operations, as buyers can see those involved in the supply chain by scanning a QR code on their smartphones. Available documents include counterfeit-proof images of the production process, profiles of those involved, quality certificates, lot numbers and travel documents.

Egyptian eCommerce startup Kemitt has unveiled a B2B platform as part of its ongoing diversification beyond its B2C offering. The Kemitt online marketplace connects product and furniture designers with consumers by handling the manufacturing, overhead and last-mile logistics for those companies. Customers have access to more than 30,000 SKUs with an on-demand manufacturing option and seven- to 12-day delivery services.

Identity verification provider VerifyMe has acquired logistics firm PeriShip for $10.5 million. PeriShip provides shipping and logistics management for perishable foods and healthcare companies. VerifyMe is paying $7.5 million for the firm’s assets, plus $1 million in common stock and a $2 million promissory note. PeriShip’s services include time and temperature-sensitive parcel management, predictive analysis and last-mile resolution.

Hong Kong-based B2B global sourcing platform BuyHive has launched local operations in markets in the U.S. and U.K. BuyHive hopes to support the sourcing and procurement needs for a fast-growing base of third-party sellers. The company recently debuted its global Expert Sourcing Network, which lets American and European […]

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