Read The Times Australia

Daily Bulletin

Gwofy Launches On-Chain Receivables Verification to Ease Cash-Flow Strains in Cross-Border E-Commerce

HONG KONG SAR - EQS Newswire - 4 September 2025 - Cross-border e-commerce service platform Gwofy has launched a new on-chain receivables verification solution. Through merchant-authorized APIs, the platform integrates sales, fulfillment, and expense data, packaging it on-chain in real time to create records that are transparent, auditable, and tamper-proof.

The system is designed to serve as a trusted data bridge between tens of thousands of merchants and financial institutions, helping sellers ease cash-flow pressures while enabling lenders to make informed credit and risk assessments based on verified data.

The global cross-border e-commerce market now exceeds $500 billion annually, with Chinese merchants holding a dominant share. Yet behind the scale, sellers face mounting financial strain: settlement cycles often stretch 60 to 90 days, 30% of merchants report profit margins under 10%, and annual capital turnover averages only four times—far below the level needed to support sustained growth. Seasonal inventory and warehousing costs add further stress, leaving many merchants vulnerable to liquidity crunches. Crucially, the lack of transparency and real-time verification means financial institutions lack the confidence to step in.

Gwofy's on-chain receivables verification is designed to address these pain points:

  • For merchants, receivables recorded instantly on-chain can be quickly verified, reducing uncertainty around settlement and improving cash flow.
  • For financial partners, the records provide a transparent, traceable, and tamper-proof foundation to reduce information asymmetry in credit and risk decisions.
Rather than creating new financial derivatives, Gwofy provides data certificates that enable institutions to rely directly on verified trade data to support merchants.

Alignment with industry outlook and standards
Binance founder Changpeng Zhao (CZ), speaking at the University of Hong Kong on August 28, highlighted that the real potential of real-world assets (RWA) lies in bringing financial assets such as stocks and bonds on-chain, given their stable value and clear legal ownership. Accounts receivable—directly anchored to sales and settlement—naturally fall within this category. By digitizing and verifying receivables on-chain, Gwofy advances this vision.

The Hong Kong Blockchain Association's "RWA Industry Development Report 2025" similarly states that assets with large-scale potential must meet three criteria:
  1. Stable Value — Receivables are directly tied to actual sales and platform settlements, avoiding speculative valuation.
  2. Clear Legal Certainty — Each claim is traceable to specific orders and settlements, with well-defined ownership.
  3. Verifiable Off-Chain Data — With merchant authorization, Gwofy synchronizes operational data in real time, recording it on-chain to ensure transparency.
Gwofy's design both echoes CZ's forward-looking view and aligns fully with the industry standards outlined in the report, offering a recognized pathway for digitizing and verifying receivables.

Looking Ahead
Gwofy's mission is not to package receivables as financial products, but to build infrastructure for on-chain data verification and certainty. The company will continue to apply blockchain to enhance transparency and auditability, enabling financial institutions to build risk models on verified data while helping cross-border merchants ease cash-flow bottlenecks and improve turnover efficiency.

Gwofy's mission: Anchor in real trade, make receivables verifiable.
Hashtag: #Gwofy


The issuer is solely responsible for the content of this announcement.

Business News

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

How Long Does Interstate Freight Take in Australia?

If you have ever arranged for stock, equipment or materials to travel from one Australian state to a...

How AEC Firms Can Scale Faster Without Sacrificing Project Quality

Growth presents a fundamental dilemma for architecture, engineering, and construction firms: expan...

What Makes an Aesthetic Clinic Worth Going Back To?

Trying an aesthetic clinic for the first time can feel like a bit of a gamble. You can read review...

Elevate Your Morning Routine with Cafe-Style Coffee at Home with the Right Coffee Machine

There's something magical about that first sip of coffee in the morning. It’s more than just a bev...

Top Garment Steamers for Busy Professionals in Australia

The gap between garment steamers built for a quick touch-up and ones built to keep pace with a wor...

Correct Sleeping Posture to Minimize Back Strain

Most people don’t pay much attention to how they sleep until they start waking up with a stiff bac...

Why Product Longevity Matters for Sustainable Australian Buildings

Sustainability in building design is often associated with recycled materials, renewable resources a...

NDIS Support Coordination Explained: What Does a Support Coordinator Actually Do?

NDIS support coordination explained means understanding how a professional can help participants n...

When Should You Speak with Divorce Lawyers in Sydney?

Divorce involves more than completing an online application. It can affect parenting arrangements, p...