NEW YORK, March 4, 2021 /PRNewswire/ — Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter known as Future FinTech”, “FTFT” or “the Firm”), a number one blockchain e-commerce firm and a service supplier for monetary expertise, immediately introduced that on February 26, 2021, the Firm obtained registration certificates for ten software program copyrights associated to blockchain expertise purposes issued by the China Nationwide Copyright Administration (“CNCA”). On December 31, 2020, the China Copyright Safety Middle of the CNCA accepted the Firm’s software for these copyrights, which had been first submitted for assessment in June of 2020.
Mr. Shanchun Huang, Chief Government Officer of Future FinTech, acknowledged, “We’re happy that we now have been granted the software program copyrights that are important to securing our blockchain primarily based e-commerce platform’s anti-counterfeiting and client reward factors techniques. Extra software of those applied sciences may also improve our provide chain, contract farming and order administration techniques. The software program copyrights will defend our mental property rights and assist us to additional enhance our blockchain primarily based e-commerce platform.”
“The software program copyrights marks the additional enchancment of the Firm’s blockchain primarily based credit score settlement and cost expertise system,” Mr. Huang continued. “These software program purposes may be utilized in conventional manufacturing, e-commerce, the monetary trade and financial cost techniques which can considerably decrease transaction prices, cut back the consumption of human and materials sources and create a cost system that’s extra numerous and modernized. As well as, the software program purposes will successfully promote the development of an digital enterprise cost system and additional assist enterprises enhance efficiencies and cut back prices whereas making the usage of digital monetary providers extra intensive.”
The Firm has been growing and enhancing its anti-counterfeiting and tracing system through the use of blockchain expertise for its e-commerce platform Chain Cloud Mall (“CCM”). CCM not solely points distinctive anti-counterfeiting QR codes to hint merchandise and guarantee their authenticity, it additionally supplies anti-counterfeiting reward factors to shoppers who can use these factors to obtain reductions and different advantages. Most significantly, shoppers can get pleasure from a singular value-added buying expertise encompassing a wide selection of companies with the reassurance of no counterfeit exercise on the CCM mall.
Future FinTech’s ten software program using blockchain applied sciences for its e-commerce platform and anti-counterfeiting and tracing system are as follows:
- A blockchain credit score factors low cost settlement system
- A blockchain credit score factors circulation monitoring system
- A authorized foreign money and credit score factors synchronization settlement system
- A blockchain credit score factors move system
- An agent computerized revenue distribution system
- An agent computerized tax deduction and accounting system
- A producer computerized accounting system
- An e-commerce and blockchain anti-counterfeiting linkage system
- A blockchain low cost and promotion computerized stability system
- A blockchain real-name authentication and obligation system
About Future FinTech Group Inc.
Future FinTech Group Inc. (“Future FinTech”, “FTFT” or the “Firm”) is a number one blockchain e-commerce firm and a service supplier for monetary expertise integrated in Florida. The Firm’s operations embrace a blockchain-based on-line shopping center platform, Chain Cloud Mall (“CCM”), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain primarily based software initiatives. The Firm can be engaged within the improvement of blockchain primarily based e-Commerce expertise in addition to monetary expertise. For extra data, please go to http://www.ftftex.com/.
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SOURCE Future FinTech Group Inc.