The Kingdom of Bahrain is located in the southwest of the Persian Gulf and consists of 33 islands. It is bounded by Qatar and Saudi Arabia and connected to Saudi Arabia by a sea bridge. According to the data, the Gulf market now trades at $1.6 trillion dollars and is expected to reach $2 trillion dollars by 2020.
In the face of this promising market, SilkChain will be committed to using block chain technology to improve the ecology of international trade and cross-border consumption. Now, the Dragon City Bahrain, created by Chinamex team, has passed the verification and shall become the first super node of SilkChain in the Middle East.
About Silk Node - Dragon
Chinamex is an enterprise established overseas by the Ministry of Commerce of China and listed in the overseas management series of the Ministry of Commerce of China. Its Dragon Mart Dubai is the China's most successful large-scale economic and trade platform overseas, creating the “Dragon City” commercial format. Dragon City Bahrain is a large-scale commodities distribution center encapsulating wholesale with retails of Chinese products, integrated with China-style architect. It is a unique concept and business model that has been successfully running and proven in Dragon Mart Dubai. Situated to the South-West of Diyar Al Muharraq in close proximity to Bahrain’s International Airport, the state-of-the-art Khalifa Bin Salman Port and the financial center of the Gulf region, Manama. It links China's trade factories and SMEs purchasing enterprises in various countries of the Arabian Peninsula. It has a market of 53,670 square meters and more than 700 merchants, with annual trade of $600 million dollars.
Dragon City Bahrain
The E-Dragon shopping platform is a Silk Tokenization project jointly developed by Dragon City Bahrain and SilkChain. SilkChain implants Silk in Dragon City Bahrain commercial ecosystem with blockchain technology. Dragon City Bahrain members can earn Silk through shopping, consumption and product reviews in the E-Dragon shopping platform. At the same time, they can use Silk to participate in product redemption, prize redemption, sweepstakes promotion and other privileged activities. In the future, Dragon City Bahrain will work together with SilkChain to build an e-commerce ecosystem in Arabian Peninsula, connecting with local importers and exporters, e-commerce platforms, SMEs, trade service providers and mass consumers from various categories and boost the developments of e-commerce in Arabian Peninsula.
Testing Interface of E-Dragon APP
Hundreds of super nodes for different industries are planned by SilkChain. We are looking forward to every participant of international trade as trading companies, platforms, shopping malls, and cross-border e-commerce enterprises to join the SILK Super Node Election for more benefits of the SilkChain ecosystem.
SilkChain will focus on super node and update every progress, please stay tuned! To know more information about SILK Super Node Election, please download official application SilkAll in time and the download link is https://www.silkchain.io/app/download.html