Linfinity Transforms Total Supply Chain With Distributed Ledger Technology At The Taiwan Asia Blockchain Summit

Linfinity attended the 2018 Asia Blockchain Summit (ABS) in Taiwan on 2-3 July 2018.

The conference attracted more than 8000 blockchain enthusiasts, professionals and also political representatives from the region.  Linfinity CEO Mr Anndy Lian, together with other industry experts were invited to the summit to discuss about how to use distributed ledger technology to transform the industry.

“Consumers want to know the source and how safe are the products, and there is still a lot of room for improvement in the market. There are many segments on the supply chain and they use different systems. Sharing of information and integration of data is still not readily available for the consumer to make a known decision. Companies suffer huge damages to their image and bottomline due to the proliferation of counterfeit goods.” Anndy said in the discussion, “Blockchain is a technology that can change the world, we just need to work together with the current businesses to make it better and more practical.

Anndy has also mentioned that it will take time for businesses and consumers to understand this new technology. It will also take some time for traditional businesses to gain trust in this technology and implement it. . In order to let businesses understand more, Linfinity adopts a simpler manner to explain about the technology and how it can solve the pain points for their business. Linfinity has therefore always focused on commercial implementation and has signed strategic cooperation agreements with many companies in traditional industries. I believe more and more enterprises will join us and work together to make the industry and even our society a better place.

Breakfast meeting with Taiwan legislator Xu Yuren [second from left] to exchange views on the development of blockchain

Currently, Linfinity has signed a strategic cooperation agreement with Taiwan Alishan Group, and will provide blockchain anti-counterfeiting technology for its cigarette brands. Linfinity hopes that this revolutionary project, which integrates supply chain systems with blockchain, can effectively eliminate counterfeit goods and protect corporate reputation as well as consumer rights.

 

ABOUT ASIA BLOCKCHAIN SUMMIT

The Asia Blockchain Summit is one of the world’s most representative blockchain summits. It is initiated by the Taiwan Congress and held by the Asia blockchain Alliance. Through dialogues between government and entrepreneurs of different industries, to discuss and analyze the industry situation in depth and to guide the public to understand this fierce blockchain revolution.

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