- Successful
tradeshow and business development mission completed at China International
Import Expo
- Pacific
Software uniquely positioned to deliver multilingual B2B and B2C
e-commerce blockchain solutions
- Brazil
and China are longtime export/import partners with significant potential
to increase trade relationship
- Proposed
location for Pacific Software presence in Shanghai under review
As a co-sponsor of Latin America Night at the 124th session
of the Canton Fair PDC (Product Development Council) Design Show in Guangzhou,
China, in early November, representatives of Pacific Software, Inc. (OTC: PFSF)
fostered emerging connections with high-level government contacts and prominent
importers, a news release states (http://ibn.fm/SLhKo).
The company’s expertise in e-commerce marketing solutions utilizing IBM’s
Hyperledger Blockchain “Backend as a Service” (BaaS) infrastructure was a
highlight in several discussions as connections were fostered with both
government contacts and prominent private importers.
Pacific Software executive management team members also
capitalized on their time in China by hosting and cosponsoring several events
at the Canton Fair and during the first ever China International Import Expo
(CIIE) held in Shanghai. The CIIE attracted companies from around the globe in a
bid to seal import/export deals with potential partners. According to several
media reports, nearly $58 billion in planned deals for the upcoming year are
now in the works (http://ibn.fm/Q5dYq).
The potential to boost trade between China and Brazil, the
largest countries in Asia and South America, respectively, is significant.
China is already Brazil’s largest trading partner, with exports from Brazil to
China hovering around $40 billion per year. Pacific Software seeks to expand
that trade relationship with a proprietary e-commerce trade platform under
development that could also generate additional trade between other Asian and
Latin American countries.
Pacific Software’s e-commerce platform will digitalize the
trade process, which includes product certification, marketing, logistics,
trade finance, cross-border payment solutions and customs clearance through
smart contract technology for global supply chain management. The company has
commissioned Cobalt 47 Technologies Ltd., a spin-off of KBQuest Group, to
construct its multi-lingual e-commerce B2B and B2C trade platform using IBM’s
BaaS infrastructure (http://ibn.fm/bZyIj).
KBQuest Group, Inc. is a leading Microsoft distributor in China and was named
‘Microsoft SQL Partner of the Year 2017’.
The IBM BaaS platform is uniquely capable of tracking,
recording and storing a variety of digital product information that makes
agri-business more transparent and secure. This technology, which will
integrate blockchain components and has the ability to link to the “Internet of
Things,” will increase reliability and response time in the supply chain. As an
emerging development technology corporation, Pacific Software’s trip to China
was an undeniable success. The company will continue to foster trade between
China and Brazil and has plans to open an office in Shanghai, China, to serve
as a crossroads for business, development and networking opportunities.
For more information, visit the company’s website at www.PacificSoftwareInc.com
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