NetworkNewsBreaks – Pacific Software, Inc. (PFSF
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Pacific Software (OTC: PFSF) plans to initially employ its Agri-Blockchain B2B e-commerce platform to facilitate trade between Brazil and China. The company also anticipates finding additional application for the platform as China progresses trading relationships in the Southern Hemisphere. A recent article discussing the company reads, “The PFSF platform will be developed using IBM’s Hyperledger Blockchain Backend as a Service (BaaS) infrastructure. The platform is expected to allow Pacific’s Agri-Blockchain technology to record, store and track a variety of digital product information, including farm origination details, batch numbers, factory and processing data, expiration dates, storage temperatures and shipping details. The B2B cross-border trade platform is expected to increase the diversity of China’s trading relationships, reduce costs by eliminating the plethora of middle men, shorten the trade process time cycle by replacing paper with digital records and, importantly, enhance food quality by providing faster alerts when food is contaminated.”
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