Benzinga | Feb 2, 2021 08:35AM EST

ZW Data Action Technologies Highlights Initiation Of Blockchain-Based Supply Chain Finance Solution

BEIJING, Feb. 02, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (NASDAQ:CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced the official initiation of "The Finance", its supply chain finance solution that targets the growing key opinion leaders (KOLs) and online-to-offline (O2O) e-commerce industry with options of digital asset and crypto payment.



ZW Data's blockchain based supply chain finance solution, "The Finance," is the latest service application rollout of its decentralized ecosystem which is powered by the Company's Blockchain Integrated Framework (BIF) for omnichannel retail marketing, and follows the launch of its innovative livestreaming platform in Guangzhou earlier in December 2020. The Finance service will be integrated with the Company's livestreaming platform and the mobile payment partnership with WePay in order to build a reliable and efficient ecosystem for all users and to streamline its ecommerce process, seamlessly linking the data management of information, logistics, transaction, and finance. More information about the WePay could be found at: http://www.vfuchong.com.