NetworkNewsBreaks – Pacific Software, Inc. (PFSF) to Support International Trade with Blockchain eCommerce Platform
Emerging development technology corporation Pacific Software (OTC: PFSF) recently signed a definitive agreement with Cobalt 47 Technologies LTD, a spin-off of KBQuest Group, to begin construction of its proprietary e-commerce trade platform. A recent article discussing the company reads: “Initially, PFSF’s Agri-Blockchain platform may target Brazil’s substantial beef exports to China. Every year, the South American giant exports about $5 billion of beef, most of which goes to Hong Kong. The advantages of implementing a blockchain system for Brazilian meat exports are many. The blockchain will ensure transparency and trust with regard to origin, product quality, product safety and other factors. Additionally, in the event of food contamination, blockchain will be allow experts to pinpoint the exact source, which will reduce costs tremendously. Typically, under present supply chain systems, large quantities of good food are recalled and destroyed after an alert or warning is issued by the United States Department of Agriculture (USDA). This, of course, adds the costs of wasting good food to the damage sustained by removing the infected food. Every year, around 420,000 people die due to food contaminated by bacteria, chemicals, viruses, parasites and toxins.”
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Emerging development technology corporation Pacific Software (OTC: PFSF) recently signed a definitive agreement with Cobalt 47 Technologies LTD, a spin-off of KBQuest Group, to begin construction of its proprietary e-commerce trade platform. A recent article discussing the company reads: “Initially, PFSF’s Agri-Blockchain platform may target Brazil’s substantial beef exports to China. Every year, the South American giant exports about $5 billion of beef, most of which goes to Hong Kong. The advantages of implementing a blockchain system for Brazilian meat exports are many. The blockchain will ensure transparency and trust with regard to origin, product quality, product safety and other factors. Additionally, in the event of food contamination, blockchain will be allow experts to pinpoint the exact source, which will reduce costs tremendously. Typically, under present supply chain systems, large quantities of good food are recalled and destroyed after an alert or warning is issued by the United States Department of Agriculture (USDA). This, of course, adds the costs of wasting good food to the damage sustained by removing the infected food. Every year, around 420,000 people die due to food contaminated by bacteria, chemicals, viruses, parasites and toxins.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
