(0)
BEIJING, CHINA / ACCESSWIRE / February 25, 2021 / On February 23, 2021, OOWAY saw the successful launch of AREX and the release of the White Paper on Financial Services for Cross-border E-Commerce Industry in China . With an attendance of almost 10,000 participants, the online event included our partners, ASEAN-China Commerce Association, Shenzhen Cross-border E-Commerce Association, Tuotuo Digital and Hongkong Fortunetech Limited.
Jim Rogers, co-founder of OOWAY said, AREX is the way to make accounts receivables more liquid. This innovation can get rid of factoring, we can get rid of letters of credit and free up trade internationally and domestically!
Peter Grindrod, Chief Scientist of OOWAY and well known applied mathematician and data technology expert, is also currently a professor of Oxford University, said OOWAY is drawing on fast moving concept of methods from data science and the artificial intelligence (AI) to produce a world digital platform in AREX.
Announcing the launch of the Asian Accounts Receivable Exchange (AREX) - Leading the Digitalization of Global Trade Receivables phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.