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Pan-Asian E-Commerce Alliance Grows again at
Summit Held in Taipei
(2 FEBRUARY 2002, HONG KONG) The Pan Asian e-Commerce Alliance
(PAA) held its 7th Steering Committee meeting in Taipei from 31st
January to 1st February 2002. The meeting was attended by CrimsonLogic,
Infoshare, KTNET, Tradelink, Trade-Van, and TEDI Club. Representatives
from DagangNet of Malaysia also attended the full meeting by invitation.
Speaking on behalf of the Alliance after the meeting, Mr Justin
Yue, chairman of the PAA and Tradelink CEO said, "We are
extremely pleased with the significant progress we have made in
these two days. Given the readiness of TEDI Club to enter its
commercial phase, we have taken the deliberate decision to confer
formal Founding Member status on TEDI Club." Previously TEDI
Club took part in PAA activities as an observer. It is now PAA's
sixth Founding Member.
"By invitation, DagangNet also attended our PAA Steering
Committee meeting for the first time," said Mr Yue. "During
the course of our meeting, we had a comprehensive presentation
from DagangNet of the work that it does, and clearly there is
demonstrable synergy between its work and the common objectives
of PAA." Mr Yue expressed confidence that DagangNet will
apply to join the PAA very shortly. "I will not be surprised
if DagangNet becomes our seventh member by the time our Steering
Committee next meets in April this year."
"But we also made significant progress in other areas. Our
Certificate Authority Mutual Recognition Scheme got off to a flying
start with TaiCA (used by Trade-Van) and Digi-Sign (used by Tradelink)
gaining recognition at this meeting. Application by other Certification
Authorities are in the pipeline and we expect to process most
of them by March."
Mr Yue also said that this would dovetail nicely with the piloting
of the PAA's Secure Cross Border Transaction Services in April
this year. Digital certificates from the mutually recognised Certification
Authorities will be used to enhance security and achieve non-repudiation
in these cross border transactions.
The PAA also reported significant progress in the following areas:
- Secure Cross-border Transaction Services:
The Steering Committee endorsed the PAA document format standards
for the initial set of documents to be used in the pilot to
commence in April 2002. Work is also underway to expand the
pilot to more commercial documents and to more industry segments.
- Pan-Asian Portal:
CrimsonLogic presented a live demonstration of the Pan Asian
Portal and highlighted in particular its traders directory
feature and search capability. Links will be set up to connect
the portal to the respective trader database of all Alliance
members in the next two months. By this time, it will be capable
of providing access to over 150,000 of the Alliance customers
in the region.
- TEDI:
TEDI updated significant progress in its development with
actual transactions commencing in November 2001. In parallel,
pilot tests are being conducted with Trade-Van and KTNET.
- Cargo Tracking Service:
Progress was being made by the Cargo Tracking Working Group
in testing the system involving some customers from KTNET
and Trade-Van. Upon completion of the testing, the next step
is to extend the use of the service to other alliance members
and incorporating the cargo tracking functions into the Secure
Cross-border transaction services.
- Financial Fulfillment:
The meeting also agreed to set up a work group to examine
the potential of creating PAA services to facilitate financial
fulfillment.
The Steering Committee formally established two operating companies
to manage the operation of the PAA Policy Authority and the PAA
trade services which initially include the Secure Cross-border
transaction services and the Pan-Asian Portal respectively.
The PAA Alliance was formed in mid 2000 and now comprises the
following founding members:
- Infoshare Information Technology Ltd. of China
- KTNET or Korea Trade Network
- SNS or Singapore Network Services, now known as CrimsonLogic
- TEDI Club of Japan
- Tradelink or Tradelink Electronic Commerce Limited of Hong
Kong
- Trade-Van or Trade-Van Information Services Corporation.,
of Chinese Taipei
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For press enquiries, please contact Tradelink (Corporate Communications)
on 2599 1686.
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