Blockchain-backed import order management system (iOMS) set to revolutionize the way businesses import by plugging global supply chains into their digital demand network, enabling them to “buy like they sell.”
TEXAS — Mercado Labs, an import order management system connecting and automating global supply chains, has partnered with Topl, the startup behind the world’s first blockchain built to allow businesses to fully monetize their positive impact.
The collaboration will see a suite of new software solutions with unparalleled transparency, complete data security, and the potential to revolutionize how brands navigate the multi-trillion-dollar imports business.
Mercado Labs was established to bring order to imports by connecting companies to the people who make and move their products. By automating supply chains, those same importers can create greater efficiency and remarkable outcomes across their source-to-sale operations. The cloud-based platform achieves this by plugging manual supply chains into their digital demand network, transforming how brands can plan, buy, and move products.
Each of Mercado’s online importing solutions — Plan, Buy, Move, and Analytics — drives greater efficiency and makes businesses more resilient against supply chain disruption.
Built atop Topl’s Blockchain-as-a-Service (BaaS) offering, any information stored on Mercado’s platform becomes even more secure, auditable, and transparent to all involved parties. Data added to the Topl Blockchain is immutable, meaning it cannot be edited or erased. This provides Mercado customers with a whole new level of trust and confidence that recorded data is fully accurate and allows brands to offer proof of sourcing, environmental, and other claims.
“Mercado is bringing fresh ideas and positive impact to the global supply chain, which is deeply in need of both,” said Chris Georgen, Founder and Chief Architect of Topl. “We’re excited to support Mercado’s innovative business model with our blockchain.”
The Topl Blockchain provides a trust infrastructure and greater surety to the logistics, tracking, and automation that Mercado enables. Together, Topl and Mercado empower brands to shine bright lights into dark corners of otherwise-opaque global supply chains, unlocking new possibilities in areas like ESG, reporting, and consumer trust.
“Without technology’s light, how could you know that a sweater’s wool adheres to animal welfare standards? Or that factory workers are treated well?” said Mercado CEO Robert Garrison. “Our platform shines light, and companies like Topl ensure that the lights stay on.”
About Topl
Topl is a Texas-based, venture-backed technology company building an impact technology economy that enables digital and sustainable transformation across value chains and empowers the monetization of impact verified on the Topl Blockchain. The Topl Blockchain improves transparency of sustainability tracking, enables executives to unlock reputational and financial value from impact efforts, and provides marketers the insights to create provable brand stories for responsible products. Founded in 2017, Topl has built the Topl Blockchain to track, tokenize, and transact positive impact and sustainable practices.
Topl is a diverse team, centers ESG as a core value, and draws inspiration from the UN's 17 Sustainable Development Goals. Topl sits as a member organization on the CNBC ESG council. For more information, please visit Topl’s website or LinkedIn, Instagram, and Twitter.
About Mercado Labs
Mercado — founded in 2018 — transforms the way products are planned, bought, and sold throughout the international supply chain. Mercado’s vision is to provide customers with the same type of modern and frictionless buying experience that they provide to their own customers through leveraging the platform’s 70+ procurement, ordering, and shipping features. By helping businesses digitally track, change, and manage their orders from the moment a Purchase Order is placed, Mercado is perfectly placed to bring the world of international trade into the digital age. For more information, visit mercadolabs.com or follow us on LinkedIn, Instagram, and Twitter.
Media Contacts
Topl
Chris Malloy
Senior Content Manager
c.malloy@topl.me
Mercado Labs
Kayleigh Hansen
Marketing Manager
kayleighhansen@mercadolabs.com