Linfinity and Seele signed a strategic cooperation agreement to create a new ecosystem of supply chain

Linfinity and Seele signed a strategic cooperation agreement to create a new ecosystem of supply chain

Recently, Linfinity and Seele signed a strategic cooperation agreement in Taipei to carry out in-depth cooperation in the field of blockchain technology to jointly build a new ecosystem of supply chain industry.

As a pioneer in the deployment of blockchain technology into supply chain, Linfinity is committed to building the world’s first trusted, traceable supply chain ecosystem based on blockchain technology. This cooperation, combined with Seele’s advanced system development and engineering technology and Linfinity’s rich commercial resources and innovative business operation model, focuses on tackling the main pain points of the supply chain industry, and jointly promotes the commercialization of the blockchain in the field of supply chain.

Dr. Zheng Maolin, CEO of Seele, said, “We are very pleased to have this cooperation with Linfinity. As a representative of Blockchain 4.0, Seele’s neural network consensus algorithm has reached the highest processing speed of the global public chain system and highly matched the multi-node of the supply chain industry.”

Anndy Lian, CEO of Linfinity, said, “The supply chain ecosystem is a new application scenario of blockchain technology. This collaboration will further integrate Linfinity’s rich commercial resources and operations capabilities and Seele’s neural network-based consensus algorithms to equip the supply chain ecosystem with a powerful engine to accelerate the weaving of the supply chain ecosystem. Starting with the mutual trust, transparency and efficient management of the upstream and downstream supply chain, the commercialization of blockchain on supply chain is expected soon.”

 

Blockchain is an epoch-making technology, and its powerful inner vitality lies in the integration of industrial practices. 2018 is a key year for the development of blockchain business. With its leading blockchain technology and innovative business operation model, Linfinity has already started business cooperation with Alishan Group, WealthBriefingAsia, Scientific Tradition, Rongde Logistics, RHTLaw TaylorWessing LLp, RHT Holdings, Crossinvest and other international companies. This strategic cooperation in between Seele and Linfinity will inject new momentum into the development of the blockchain in the supply chain.

 

About Seele:

Seele is a blockchain 4.0 platform that aims to spearhead development in the Internet of Value era. It aims to solve the scalability, security, and efficiency problems found in current blockchain networks by developing a heterogeneous, multi-chain ecosystem powered by a novel Neural Consensus Algorithm. Seele’s objective is to build the Internet of Value for the future.

https://www.linfinity.io/article/31.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region and was previously the Advisory Board Member of Hyundai DAC Technology.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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

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 Jason 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.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region and was previously the Advisory Board Member of Hyundai DAC Technology.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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Linfinity and Alishan Group Enter into a Strategic Collaboration Agreement to Formalise their Mutually Beneficial Cooperation

 

SINGAPORE – 26 June, 2018 – Linfinity and Alishan Group have formally signed a strategic collaboration agreement to jointly build a trustworthy and traceable anti-counterfeiting supply chain system based on blockchain technology. This is another milestone after Linfinity’s MOU signings with six organizations worldwide, which have seen the launch of pilot blockchain projects across various industries — Wealth Briefing Asia, Scientific Tradition, Rongde Logistics, RHTLaw Taylor Wessing LLP, RHT Holdings and Crossinvest.

According to the agreement, both Linfinity and Alishan Group will have access to each other’s resources to launch a comprehensive partnership integrating blockchain into the supply chain. These shared resources include Alishan Group’s products and funds and Linfinity’s front-end blockchain technology and human resources. Dr. Yu, CTO of Linfinity, stated that “The current global supply chains are slow and inefficient, and consumers are increasingly demanding the transparency of product sources, which is consistent with the direction of the company’s development. With reliable data, transparent information and interconnected network, this collaboration with Alishan Group enable Linfinity to achieve the traceability of the whole supply chain, from source to end consumers, speeding up product flow and reducing counterfeit costs.”

Linfinity Introduces Blockchain Technology to Alishan Group’s Supply Chain to Combat Proliferation of Counterfeit Goods

 

Through this collaboration with Alishan Group, Linfinity will create an anti-counterfeiting traceability system for their entire supply chain – from manufacturers and carriers to distributors and the end consumers. Manufacturers submit digitally signed product information to the chain, which ensures that the product source information cannot be tampered with. Subsequently, carriers, distributors, and consumers submit abstracts of the commodity circulation information to the chain, ensuring that the logistics information, ownership information and the order of circulation cannot be tampered with.

Through these tamper-resistant products, source, proprietary and transfer order information, the number of security checks needed will significantly lessen resulting in a faster flow of goods. From the perspective of dynamic game mechanism, the end-consumer can verify whether the ownership of purchased goods belongs to the retailer before purchasing a product, which can prevent counterfeit goods from circulating on the chain. Once a counterfeit product is found, its origin can be easily traced by using an algorithm to analyze the real information in the supply chain. The digital signature ensures the authenticity of all participants within the supply chain. Considering the cost of production, time spent, and inflated sales numbers involved in the counterfeit goods industry, Linfinity will be able to eradicate the problem of fake goods in the supply chain ecosystem. In addition, due to the automatic clearing and settlement technologies in each segment Linfinity can greatly promote the value circulation of the supply chain ecology, saving a significant amount of labor costs and red tape.

The strategic collaboration with Alishan Group will further promote the cooperation between Linfinity and Alishan Group from end to end, marking another important development for Linfinity within the blockchain industry. Mr. Anndy Lian, CEO of Linfinity, said, “There are endless possibilities for Linfinity’s blockchain technology to integrate into different supply chains. As we advance into an era where such technology is expected, Linfinity wants to be the frontrunner in transforming the supply chains across industries to ensure the authenticity of products and services and help to promote trust among different players. Regardless of industry, it is time for innovation and to capitalize on new opportunities. Our upcoming plans will continue to increase awareness of the benefits of blockchain technology, as well as to start more collaborative pilot projects to transform supply chains in different sectors globally.”

About Linfinity

Linfinity is committed to building a reliable and traceable anti-counterfeiting supply chain underlying blockchain technology. Linfinity establishes such a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.

https://www.google.com/search?q=Linfinity+and+Alishan+Group+Enter+into+a+Strategic+Collaboration+Agreement+to+Formalise+their+Mutually+Beneficial+Cooperation&ei=ZpA1W720PIKWzwL5qJbQAg&start=90&sa=N&filter=0&biw=1536&bih=747&dpr=1.25

http://www.newson6.com/story/38517092/linfinity-and-alishan-group-enter-into-a-strategic-collaboration-agreement-to-formalise-their-mutually-beneficial-cooperation

Linfinity and Alishan Group Enter into a Strategic Collaboration Agreement to Formalise their Mutually Beneficial Cooperation

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”. Currently, he is appointed as Chairman, Asia for BigONE Exchange and Chief Digital Advisor, Mongolia Productivity Organisation. Anndy is part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region and was previously the Advisory Board Member of Hyundai DAC Technology.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

You can read more about Anndy’s work at www.anndy.com

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