Posts tagged B2B
Asian Tech Companies Are Battling Over E-Signatures

Tencent recently launched its electronic signature platform, which provides enterprises and individual users with secure and convenient electronic contract signing and corresponding evidence preservation services. Users can sign an online contract with a designated party under the premise of real-name authentication, and save the signing process and results through blockchain technology throughout the entire process to ensure the validity of the contract.

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Virtual Banks in Asia See Prime Time

The pandemic has propelled contactless and cashless transactions in Asia at warp speed, paving the way for virtual banks. Fintech News showed that approximately 16% of Hong Kongese currently have a virtual bank account, while 12% of Hong Kongese are planning to open one in the next 5 years. Southeast Asia has also seen a boom in virtual banks.

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Cross-Border E-Commerce Trends in Asia

Southeast Asia’s e-commerce industry has seen rapid growth in the pandemic period. According to STATISTA, the market in Southeast Asia was expected to be worth USD 172 billion by 2025. There’s also a growing trend that some technology companies are developing cross-border e-commerce SaaS systems designed to help global e-commerce companies to better serve the world.

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