Tag Archives: application

LINFINITY Expands Its Footprint in Japan to Create An Intelligent Supply Chain System for Smart Factories

LINFINITY Expands Its Footprint in Japan to Create An Intelligent Supply Chain System for Smart Factories

Since its inception, Japan, as the third largest economy in the world, has always been very inclusive regarding the promotion and development of blockchain technology. With the application scenarios for blockchain technology increasing, blockchain technology in Japan is gradually becoming of greater practical use. The application model of “blockchain plus” is constantly being piloted in various fields as a result, including for supply chain management, source tracking, and payments and remittances.

Smart factories are the latest and greatest technologies to emerge from the myriad developments in information technology in modern factories. In the current Industry 4.0 era, the individualized needs of customers are becoming more and more extensive. This adaptation to the ever-growing needs of consumers requires the logistical management within the manufacturing enterprise to create a more intelligent and flexible system. In order to comply with this new round of developments in information technology – such as the Internet of Things (IoT), big data, and Artificial Intelligence (AI) – the building of “smart factories” and the use of “smart logistics” is an inevitable trend to embrace when promoting the development of productivity.

(LINFINITY CEO Anndy Lian introduces intelligent supply chain solution)

Mr. Anndy Lian, CEO of LINFINITY, pointed out that blockchain technology and Artificial Intelligence (AI) technology are also a new field of challenges for LINFINITY in the construction of “smart factory”-based supply chains. As an integral part of smart factories, an intelligent supply chain system needs to be interfaced with other intelligent systems to form an integrated solution to traditional supply-chain issues.

Driving reform with new ideas, technologies and skills remains the key engine for further growth in productivity. LINFINITY’s blockchain-based anti-counterfeiting and traceability supply chain system is equipped with innovative IoT technology, which has unique advantages in both cyber-security and traditional security management thanks to its inherent traceability. It supports flexible and configurable supply chain management strategies, enables users to achieve real-time on-demand production, and achieves optimal planning of the various links within the supply chain, all of which help to contribute to the advancement towards maximum efficiency within the extended supply chain system of a growing enterprise.

In its recent announcement, Japan’s Internet finance giant SBI has always been very active in investing in blockchain technology, with investments in various key companies: Orb, R3, Ripple, Kraken, Coinplug, Veem, Wirex, and Bitflyer. This diversification of investments covers multiple fields of blockchain application, including exchanges, remittances, bank blockchain alliances, blockchain solutions, and so on. At the same time, the traditional financial sector is also beginning to accelerate its use of blockchain technology. Mizuho Bank, a subsidiary of the Mizuho Financial Group of Japan, has been working together with the Japanese contingency of IBM to jointly develop a blockchain trading and finance platform. Based on blockchain solutions, Mizuho aims to increase the efficiency of both supply chain and trade-related processes.

(Herbriller Essence)

With its successful practice for Japanese haircare brand – Herbriller, LINFINITY is adopting a number of strategic and vision-based approaches and practices to help traditional industry in this historical transformation and will provide a full range of technical supports with its blockchain-based anti-counterfeiting and traceability solutions to the current shortcomings experienced within traditional supply-chain methods of logistics and procurement.

 

About LINFINITY:

As a credible distributed business platform underlying Blockchain, Internet of Things and Big Data technology, employing a guideline of “Internet of everything and sharing with mutual trust”, LINFINITY is 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.

For more information about LINFINITY and their future activities, please visit www.linfinity.io or contact pr@linfinity.io.

Facebook: https://www.facebook.com/linfinity.io/

Twitter: https://mobile.twitter.com/LinfinityToken

LinkedIn: https://www.linkedin.com/company/linfinity/

Media: https://medium.com/@linfinityio

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- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. 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.

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”.

www.anndy.com
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Linfinity: the Pioneer and Practitioner of Landing of Blockchain Technology Application

Linfinity: the Pioneer and Practitioner of Landing of Blockchain Technology Application

Since the first day of the birth of blockchain, the attention and discussion on it from all walks of life have never diminished. This is not only because it has created Bitcoin or encrypted currency, but also because it has the ability to transform traditional organizations and the huge business opportunities that come with it.

Linfinity is undoubtedly the pioneer and practitioner of landing of blockchain technology application. In different countries and regions, linfinity has held several round tables aimed at the development of blockchain industry, which not only attracted the participation of many blockchain enthusiasts, but also brought together many experts from finance, investment, hotels, real estate and other industries and put forward many insights of blockchain on the development of traditional industries.

How will blockchain change our lives? 

“Blockchain technology is undoubtedly a change for the whole industry. Blockchains and encrypted currencies are irresistible trends. For example, in terms of food safety issues, if the blockchain technology appears early and can be landed and applied for promotion, the problems of dairy products and mad cow disease beef may all be solved.”

                                                                                                 — Elaine Chia, Associate Director, Bank of Singapore

Distributed structure and traceability are the two biggest characteristics of blockchain. Linfinity achieves mutual authentication of information in each block through information onchain. This has the advantage that no matter where we are, we can view and trace the information we want to know, and this information is credible, open, transparent, secure and cannot be tampered with by human beings.

This technology is suitable for a variety of industries, especially for the food industry, fast-moving consumer goods industry, luxury industry, financial industry, pharmaceutical industry, etc. As long as the product information of these industries goes “onchain”, consumers can check and verify the authenticity of the information in all circulation links they exist. However, traditional industries cannot realize this in the anti-counterfeiting aspect.

Blockchain: bane or boon?

“Based on the special properties of the real estate industry, there are a lot of capital flows and transactions occurring every day. It is extremely urgent to introduce blockchain technology.”

                                                                                — Edward Tan, Real Estate Consultant, Seed Global Investment

Since the first day of its birth, blockchain has faced the dilemma of “mixed reception”. All this stems from people’s failure to have a clear understanding of the blockchain technology. The “boon” and “bane” of blockchain do not depend on the block chain itself, but lie in how ” we” correctly use this new technology to bring its due value into play.

The advantages of blockchain technology are not only reflected in the transparency and traceability of transactions, but also expected to simplify the management process and improve the management efficiency. For example, embedding a blockchain into a bank or financial system can make loan financing well documented and safe and efficient.

Regardless of whether blockchain is a boon or a bane, it is worth affirming that it has indeed accelerated the development process in some fields and industries, which is why Linfinity has begun to provide block chain solutions for the supply chain industry.

Ico: is it legal?

Recently, fraudulent companies have defrauded investors of millions of dollars through ICO, which has become a headline news. Fraudulent companies usually used various “ unwarranted” white papers or found so-called “celebrities” in the currency circle to endorse themselves and peddle air coin to illegally raise funds, thus seriously infringing on investors’ asset rights and interests. So people began to criticize block chain and even remained hesitant and skeptical about the application of the block chain.

“The number of digital token exchanges and ICOs continues to grow. If a one-size-fits-all approach is adopted, it is bound to hurt those block chain enterprises that abide by the law. However, she also pointed out that the introduction of policies and regulations on ICO projects should be expedited so as to promote the healthy development of the industry.”

— lLee Boon Ngiap, Deputy General Manager of Capital Markets, Monetary Authority of Singapore (MAS)

Linfinity only focuses on the popularization and landing of blockchain technology, so it does not intend to carry out ICO financing. We believe that all financial tokens should run according to all its own rules, only in this way can we truly benefit the entire industry by using the “token model”.

Practical Application of BlockChain Technology

To date, Linfinity has signed strategic cooperation agreements in Singapore with a number of international enterprises including Crossinvest, RHTLaw TaylorWessing LLP, RHT Holdings, RONGDE Logistics, Scientific Tradition and WealthBriefingAsia, and will reach more cooperation in the two regions.

These agreements mark that Linfinity has begun to build a reliable and traceable supply chain ecology based on the blockchain system, which will transform the blockchain technology from concept to reality. The scope of these cooperation agreements covers finance, law, logistics, fast moving consumer goods, etc. the companies that cooperate with us will use Linfinity’s block chain technology to improve the efficiency and transparency of their own enterprise supply chains.

In addition, Linfinity signed a strategic cooperation agreement with Alishan Group in Taiwan. According to the agreement, Linfinity will build a “bridge of integrity” with traceability & anti-counterfeiting between the enterprise and consumers.

“The blockchain will change people’s lifestyle and the future development of many industries just like paper making, printing and even internet technology.”

                                    — AnndyLian, CEO of Linfinity

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- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. 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.

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”.

www.anndy.com
j j j