“Bift” company promises a new digital economy with the launch of a advanced platform for trading and selling by the auction of the approved luxury assets

It was announced that the technology of the American company “Back Philip”, the partner in the resale of goods, was announced in conjunction with the launch of the first market for the global trading platform in Kuwait

Today, “Buyvest”, the leading destination for the trading of luxury assets, is approved on its authenticity through a carefully coordinated platform for public auction and sale, that it has concluded a strategic partnership with the American Backflip company, a leader in the field of resale technology. The agreement represents an important achievement for both companies, through which Backflip becomes an American investor in the field of technology in “Buyvest”, in conjunction with the launch of the global trading platform that includes handbags, luxury watches and other highly desirable assets.

This step is authorized by the beginning of a completely new digital economy based on investor confidence in luxury assets all over the world, as it is only allowed to circulate the authenticated assets on its authenticity via the BUYVEST application and platform. When it is included, each of these assets is subject to an accurate examination by a global team of experts to ensure the highest level of originality. The use of new artificial intelligence tools contributes to strengthening the experience of users of this platform, which is specifically designed for values, buyers, sellers and anyone interested in acquiring knowledge about this growing market that attracts a new generation of luxury commodity collections enthusiasts to invest in famous brands.

Buyvest is working to establish its position as an essential element in the luxury commodity sector, which is estimated at billions of dollars, starting from launching its first market in Kuwait. The IMARC Group (a leading company in the field of consulting and market research) estimate that the value of the luxury goods used alone will reach $ 77.8 billion by 2033, which represents significant financial investments that have the possibility to increase its value over time. A plan to expand the BUYVEST system and the company’s international headquarters in 2025 will be announced.

Commenting on this step, Waddah Al -Mousa, the founder and CEO of “Buyvest”, said: “Our mission in” Bift “is to build a community and economy based on confidence by providing technological developments that focus on achieving the digital transformation of the luxury asset market and upgrading the user experience,” said Buyvest, commenting on this step. He added: “The experience of” Back Flip “and its perfectly installed techniques are in line with our vision of providing a smooth and rewarding experience for both buyers and sellers in the luxury asset market, and also helps in supporting” Bafest “to export the digital exchange sector.”

Thanks to its deep experience in the science of effective resale and years of intense investment in research and development in this field, the innovative Backflip technology provides a great competitive feature of Buyvest. In addition to investing in “Buyvest”, Mike Barrell, co -founder and CEO of “Backflip”, will join Bokflip’s Executive Council.

“We are very excited to enter into a partnership with” Bafest “and support its mission of radical change in the digital economy system in Kuwait and abroad. As Bift’s dedication to innovation and its endeavor to satisfy its clients fully corresponds to our values ​​in ‘Back Philip’. We are confident that the technology and expertise we have will serve as a valuable balance of Bifts, in light of its continued growth and expansion.