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ZW Data launches supply chain finance solution

Wednesday 3 February 2021 12:41 CET | News

China-based ZW Data has launched ‘The Finance’, its supply chain finance solution that targets the key opinion leaders (KOLs) and online-to-offline (O2O) ecommerce industry.

The company is an integrated online advertising, precision marketing, data analytics, and other value-added services firm. The solution is powered by the company’s Blockchain Integrated Framework (BIF) for omnichannel retail marketing and follows the launch of its livestreaming platform in China earlier in December 2020.

The Finance service will be integrated with the company’s livestreaming platform and the mobile payment partnership with WePay in order to build an ecosystem for users and to streamline its ecommerce process, linking the data management of information, logistics, transaction, and finance. 

In particular, the blockchain-powered platform will establish linkage and compatibility with digital assets through licensed digital assets and crypto exchanges, such as China’s new Digital Currency Electronic Payment (DCEP) system, as well as crypto assets such as Bitcoin and Ethereum.

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Keywords: ZW Data, China, KOLS, O2O, blockchain, bif, WePay, ecommerce, digital assets, DCEP, Bitcoin, Ehereum
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: China
This article is part of category

Banking & Fintech