SINGAPORE - Media OutReach - 1 July 2019 - On June 28, 2019, Singapore's BOB public chain was
released globally and the second " Things circulate all over the world; Money circulates all
over the world. " Global Summit Forum has been held in Phnom Penh,
Cambodia. Singapore BOB Technology Foundation Company limited and Willett
Cambodia Co., Ltd. signed a strategic cooperation agreement on BOB's bottom
supply chain, officially announcing that Willett will become an application
service provider for the BOB Technology Foundation in Singapore.
With block chain as the underlying technology, BoB public
chain creatively proposed the world's first " connecting things with money" business model. BOB's
supply draws on the advantages of bitcoin and distributed book technology to
redefine traditional concepts such as assets, currencies, property rights,
investments and transactions. The C, B and F ends can reach a consensus through
the ecosystem established by BOB's supply chain and through mutual benefits,
thus constructing a set of decentralized and highly trusted value transmission
and exchange ecosystem.
The concept of connecting things with money is a new advanced
theory based on the dual technologies of mobile payment and digital currency.
Maximize the investor's principal and income by opening modern money online
payment settlement gateways and digital cash bidding for gold and real rights.
Through the commodity trading and circulation, the application scenario of
payment settlement is continuously developed, and finally the closed loop of
logistics and gold flow is realized.
Mr. Lu, the head of BOB public
chain technology team, believed that DLT will provide all the organizations
under the current social system with the necessary advantages, effectively
enhanced the competitiveness of each link in all aspects of market circulation,
and truly empowered supply chain nodes. As the first person to understand the
value of the public chain of BOB, General Mao Chiwen pointed out at the
meeting: "The blockchain technology will further flatten the international
trade supply chain, thus helping to reduce the internal operating costs of all
links in the circulation. The key to change the pattern of the world was to
start with payments so that every payment and settlement can bring benefits to
the participants, bringing together the power of everyone and maximizing the
re-launch of the world."
In addition, Singapore's BOB Technology Foundation also
proposed to establish an ecological alliance with BOB public chain as the
bottom technology layer and CPT as a common settlement tool to achieve a
consensus on technical and commercial applications. Through continuous ground
application, the BOB Ecological Alliance would open up the cross-border gold
flow payment, real logistics service matching and settlement, on-site
settlement and liquidation of all sectors in the future consumption
environment, and realized the highest mission of building an international
payment platform with CPT as the bottom layer of payment and settlement.