Maryland.Trade

 

The State of Maryland has a population of around 6 million.

Two of Maryland’s counties, Howard and Montgomery, are the second and eleventh wealthiest counties in the nation respectively. Maryland has the most millionaires per capita, with a ratio of 7.7 percent. Also, the state’s poverty rate of 7.8 percent is the lowest in the country.

Maryland’s economy benefits from the state’s close proximity to the federal government in Washington, D.C. with an emphasis on technical and administrative tasks for the defense/aerospace industry and bio-research laboratories, as well as staffing of satellite government headquarters in the suburban or exurban Baltimore/Washington area. Ft. Meade serves as the headquarters of the Defense Information Systems Agency, United States Cyber Command, and the National Security Agency/Central Security Service. In addition, a number of educational and medical research institutions are located in the state. In fact, the various components of The Johns Hopkins University and its medical research facilities are now the largest single employer in the Baltimore area. Altogether, white collar technical and administrative workers comprise 25 percent of Maryland’s labour force,[citation needed] attributable in part to nearby Maryland being a part of the Washington Metro Area where the federal government office employment is relatively high.

Manufacturing, while large in dollar value, is highly diversified with no sub-sector contributing over 20 percent of the total. Typical forms of manufacturing include electronics, computer equipment, and chemicals. The once mighty primary metals sub-sector, which at one time included what was then the largest steel factory in the world at Sparrows Point, still exists, but is pressed with foreign competition, bankruptcies, and mergers. During World War II the Glenn Martin Company (now part of Lockheed Martin) airplane factory employed some 40,000 people.

Mining other than construction materials is virtually limited to coal, which is located in the mountainous western part of the state.

TRADE CHANNEL

This site is a Trade Channel, and uses features as detailed below to facilitate this:

VIDEO CONFERENCING

Video Conferencing has now become an essential prop for Trade.

The Video Conferencing Programme featured on this site from Conferences.Center, will help enable business relationships, and plan projects.

Conferences.Center facilitates Video conferences, online meetings, and chat sessions. These play a significant role in providing and maintaining good communication which is very important for Trade.

BLOCKCHAIN

This site is part of a wider Trade Networks Programme, which brings together Buyers, Manufacturers, Sellers, Supply Chain Finance Providers, and other players in relevant Supply chains. Buyers, can enjoy the benefits of accessing suppliers easily, wherever they are. Suppliers, can also access buyers, as part of a Blockchain Facilitated Programme.

The Coronavirus Pandemic means that the way business is done will never be the same again. However, it has thrown up new opportunities. Those who adapt fast and digitize their business, will be able to take advantage of these new opportunities. This site can help organizations take advantage of those new opportunities.

A range of Blockchain services can be accessed from this site. As far as Blockchain Adoption is concerned, it can be overwhelming for organizations to consider adopting a new process that also requires a steep learning curve of a new technology.

Users of this site can access simple entry points to utilize Blockchain for Trade, in a relatively simple and straightforward manner that requires no technical integration. A full training and support Programme is also available on request. Please contact us for more information.

All trade parties on the Blockchain can share data as they deem appropriate. Some Features of the Blockchain are detailed below.

Blockchain can eliminate the need for trust in transactions, thanks to the fact that it facilitates the use of transparent and immutable smart contracts.

Blockchain offers potential for easing and speeding up transactions between trading partners. Advantages include:

– Improving supply chain visibility and transparency

– Reduction of transaction costs

– Tracking of products moving through the supply chain

– Facilitating the sharing of information across the Supply Chain

Please contact us for more information on the above. Please also see links below that can help access useful information, as well as useful online services for Trade.

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