BEIJING, Oct. 07, 2021 (GLOBE NEWSWIRE) — ZW Information Motion Applied sciences, Inc. (Nasdaq: CNET) (“ZW Information” or the “Firm”), an built-in internet advertising, precision advertising and marketing, information analytics, and different value-added companies firm, as we speak introduced the launch of its Blockchain Built-in Framework (“BIF”) platform for enterprise functions of Non-Fungible Token (“NFT”) and Decentralized Finance (“DeFi”).
With a projected market dimension of 150 billion greenback in USD, the BIF automation platform (“BIF Platform”) is to offer micro, small and medium enterprises (“MSMEs”) one-stop creation, improvement, environment friendly administration, clever operations and upkeep of enterprise-level blockchain community and utility companies. The investment-light and development-light blockchain underlying administration service options supplied by BIF Platform allow MSMEs to rapidly implement digital transformations and undertake options of NFT and DeFi. The blockchain technical benefits owned by BIF Platform be certain that enterprise information is not going to be tampered through the storage course of. In the meantime, MSMEs can report and supervise information for his or her enterprise processes and achieve extra enterprise worth based mostly on the trusted information. As well as, the BIF Platform helps numerous blockchain expertise underlay, which allows on-demand deployment with assured security and safety of knowledge storage and switch.
The BIF platform divides capabilities into high-quality APIs and SDKs, offering expansive, simple and standardized instruments for MSME customers with totally different improvement wants, efficiently fixing the difficulties of excessive improvement value, lengthy course of, low effectivity and excessive threat in blockchain functions to MSMEs. Customers with out blockchain improvement functionality, the BIF Platform offers course of templates and framework protecting the availability chain, threat management administration and different widespread capabilities to attenuate the price of enterprise blockchain operation and improvement and obtain elevated advantages. Extra details about the BIF Platform may be discovered on the web site: https://www.zwbif.com/.
“We’re excited in regards to the launch of our BIF Platform, as we’re unwavering in creating and offering a digitized good ecosystem and resolution the place all MSMEs may simply entry secured blockchain-powered applied sciences and functions to quickly adapt to totally different enterprise eventualities. Going ahead, we are going to proceed specializing in the event of our blockchain expertise and infrastructure to offer complete options to all our customers with numerous wants,” commented Handong Cheng, Chairman and Chief Govt Officer of ZW Information.
About ZW Information Motion Applied sciences Inc.
Established in 2003 and headquartered in Beijing, China, ZW Information Motion Applied sciences Inc. (the “Firm”) gives internet advertising, precision advertising and marketing, information analytics and different value-added companies for enterprise shoppers. Leveraging its totally built-in companies platform, proprietary database, and cutting-edge algorithms, ZW Information Motion Applied sciences delivers custom-made, result-driven enterprise options for small and medium-sized enterprise shoppers in China. The Firm additionally develops blockchain and synthetic intelligence enabled internet/cell functions and software program options for normal public, enterprise shoppers, and authorities businesses. Extra details about the Firm may be discovered at: http://www.zdat.com/.
Secure Harbor Assertion
This launch accommodates sure “forward-looking statements” regarding the enterprise of ZW Information Motion Applied sciences Inc., which may be recognized by way of forward-looking terminology similar to “believes,” “expects,” “anticipates,” “estimates” or related expressions. Such forward-looking statements contain identified and unknown dangers and uncertainties, together with enterprise uncertainties regarding authorities regulation of our trade, market demand, reliance on key personnel, future capital necessities, competitors usually and different elements that will trigger precise outcomes to be materially totally different from these described herein as anticipated, believed, estimated or anticipated. Sure of those dangers and uncertainties are or might be described in larger element in our filings with the Securities and Change Fee. These forward-looking statements are based mostly on ZW Information Motion Applied sciences Inc.’s present expectations and beliefs regarding future developments and their potential results on the Firm. There may be no assurance that future developments affecting ZW Information Motion Applied sciences Inc. might be these anticipated by ZW Information Motion Applied sciences Inc.. These forward-looking statements contain various dangers, uncertainties (a few of that are past the management of the Firm) or different assumptions that will trigger precise outcomes or efficiency to be materially totally different from these expressed or implied by such forward-looking statements. ZW Information Motion Applied sciences Inc. undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not because of new info, future occasions or in any other case, besides as could also be required beneath relevant securities legal guidelines.
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