Pacific Software Inc.’s (OTC: PFSF) proprietary BOAPIN cross-border blockchain trading platform is the centerpiece of its new partnership with China and FIERO. FIERO is a leading Brazilian trade association focused on developing and promoting the economy of Rondônia, a regional state within Brazil (http://ccw.fm/3NWuW). The partnership with FIERO may play a key role in what could become an expanded opportunity for PFSF throughout South America (http://ccw.fm/PhM0t).
BOAPIN is an e-commerce trade platform designed to foster streamlined information between China and agricultural suppliers in Brazil through its marketing logistics, smart contract technology, product certification, cross-border payment solutions and multilingual communication. PFSF plans to use its agri-blockchain technology to guarantee the transparency of trading transactions. BOAPIN’s revenue model is subscription based.
FIERO has 7,500 business members that could utilize BOAPIN, which is scheduled to launch in 2019. In a news release, PFSF President Peter Pizzino said, “The great State of Rondônia is a world-class producer of agricultural products, and we look forward to working with FIERO to provide its members with access to leading-edge technology and expanded revenue-generating opportunities in international trade.”
PFSF is a Toronto-based emerging-technology corporation with a regional office in Hong Kong. The company is also working on integrating its platform with the internet of things (“IoT”). The result could facilitate the gathering of valuable product data to ensure effective management of the supply chain. A significant strength of the company is its working relationship with IBM and its use of that company’s Hyperledger Blockchain Backend as a Service (“BaaS”) (http://ccw.fm/2zElW).
For more information, visit the company’s website at www.PacificSoftwareInc.com
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