Blockchain technology will bring more transparencies, as well as establishing trusts among international trade partners, according to the executive president of OSell group, Yi Qing.
One of this morning's sessions focused on the concept of "new retail" -- or the integration of online, offline, logistics and data across a single value chain. The guests looked at how new technologies are changing traditional e-commerce. Some also talked about bringing Chinese products and services overseas, especially those involved in the Belt & Road initiative.
Representatives of SilkChain, a leading global digital free-trade blockchain project, met investors to discuss the future of ledger technology along with other plans involving high encryption as part of an all-China blockchain roadshow, sponsored by KG.com and btc123.com, in Hong Kong.
SilkChain, the world's first blockchain project dedicated to improving international trade, has launched in Singapore, a milestone for its developer, International Trade Digitalization Commission (ITDC), on its quest to create a fairer and freer global trade system in the digital age.