Pacific Software, Inc.’s (PFSF) Blockchain eCommerce Platform Could Ease the Way for Chinese Exports to US

November 13, 2018 11:56:04
  • Pacific Software promoting its B2B ecommerce platform in China
  • Food supply chain tracked using IBM Hyperledger Blockchain BaaS infrastructure
  • Platform will link supply chains to “internet of things”

Whether it’s in the FX market, in precious metals or in foreign trade, fighting market forces is never a good idea, an admonition recently accentuated by a column in the Financial Times ( Despite the imposition of tariffs on $250 billion of Chinese imports into the U.S., those imports “rose 13.2 per cent in October (2018) from a year earlier.” Since 2013, China has been the world’s largest trading (imports plus exports) nation. The likelihood is that it will continue in that position for some time to come – a development that Pacific Software, Inc. (OTC: PFSF) is set to capitalize on. The company sported its Latin American connections at the recently concluded Autumn Canton Fair, where it demonstrated its blockchain ecommerce platform to Chinese importers and investors.

The Canton Fair, which ran from October 15 to November 4 this year, is China’s largest trade fair. The Fair presents an opportunity for the 20,000 or so vendors located in and around Guangzhou to display their wares to the 200,000 buyers, investors and other…

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