The next stop for MYEG blockchain~~ the National Single Window (NSW) for trade.

Out of curiosity as a shareholder, the investor went online to find information about NSW in order to better understand whether the company's upcoming business is just a concept or can be realized with the current technology.

The investor found some valuable information online and would like to share it with everyone.

It turns out that NSW technology is not a completely new concept, as some countries, such as our neighboring countries, Singapore and Thailand, are already using it. The Asian Development Bank's research report mentioned that NSW not only improves trade efficiency but also reduces some repetitive standard operations, greatly reducing resource waste.

As shown in the following diagram, NSW simplifies the entire trade process, transforming multiple complex systems, multi-level relationships, and multiple checkpoints into a single system and window (NSW) through which all relevant parties can complete the process.

As seen in the diagram below, the development of this single window will be divided into 5 stages. The first stage is paperless, the second stage is to establish an information exchange platform between legal institutions and permits, the third stage is to form a port information trade platform, and the final step is to create a complete regional trade information ecosystem, also known as the Asean National Single Window (ASEAN Single Trade Window) as mentioned in the MYEG announcement.

The above are the investor's shallow insights into this MYEG announcement. As for whether it is worth investing, as well as the company's future development potential and space, it is up to individuals to determine. After all, it's one's hard-earned money, so don't blindly invest just because someone else says it's good.