NetworkNewsBreaks – Pacific Software, Inc.’s (
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Pacific Software (OTC: PFSF) is aiming to relieve the growing tension regarding trade between Brazil and China through the development of a proprietary e-commerce trade platform that can track complex transactions using cryptographically secure Hyperledger Blockchain technology. A recent article discussing the company reads, “The technology, designed to work as an overlay to existing international distribution channels, is meant initially to facilitate trade between exporters in Brazil and importers in China, but, naturally, it has wider application. It is being developed using IBM’s Hyperledger Blockchain “Backend as a Service” (BaaS) infrastructure. The IBM BaaS platform has the capability to record, store and track a variety of digital product information, such as farm origination details, batch numbers, factory and processing data, expiration dates, storage temperatures and shipping details.”
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