Thanks to the cloud services, consulting, and operational support provided by T-Systems, Cargodian has been able to expand its business. T-Systems' extensive expertise and experience with the cloud has been instrumental in helping the company accelerate business innovation, reduce costs, and minimize time-to-value. The startup sought to take a holistic approach to managed security services in order to avoid common threats in online business. T-Systems provided a cost-effective, single-source solution for global data protection using AWS that fulfilled the customer's requirements.
The challenge lay in the implementation of our business model through the use of state-of-the-art technical solutions: completely cloud-based and accessible to our customers all over the world while applying European data governance. T-Systems' consultancy expertise on AWS data protection and understanding of what measures in particular were important for our use case played a key role in helping us move forward at the right pace.
Cargodian is a startup that was founded by Peter Selmayr and Klaus Burkart and which provides a new, innovative, digital platform for secure and efficient global trade with guaranteed and automatic payments. The platform is structured as an alternative to documentary credits that protects both buyers and sellers by acting as an intermediary (middleman) in the trade chain when a trade transaction takes place. The blockchain-based online platform safeguards financial settlements for both trading partners and allows for a quality check of the delivered goods before the purchase price is paid in full. Smart contracts simplify the documentary credit process for small and medium-sized enterprises, cutting costs in half and minimizing risks. As a startup, Cargodian wanted to avoid investing large sums of money and resources in acquiring licenses and hardware.