K-Horn's Cashless System

K-Horn Science's President Linda Din brought her invention to APEC 1997 in Vancouver, Canada during the Asian Financial Crisis. Everyone heard about her invention of "The eStore System" (TES) -- a new tech-economic system which was prepared to use for resolving the social dilemma of the economy bodies, and all participants said it was very "impressive"; Linda Din emphasized that "This social responsibility investment (SRI), which has been carried out for more than a decade, is to solve the global unemployment problem." Everyone who was curious to find out that there was a vocabulary "Cashless" in TES.

The Officer’s advice in Canada

Linda Din explained that "Because taxi drivers are robbed at night, the concept of Cashless emerged spontaneously. After ten years of research and development, it was finally completed and can be applied to transaction checkout and identification places in the 21st century." Representatives from the economies expressed their opinions and encouraged that "The patent applications should be filed for this invention---." That's why the later invention patents "Vending Machine Operated By A Chip Card" and "Shopping System" (per References) have become important references for those who want to stand out in the field of financial technology (Fintech).

Because after APEC in Vancouver, the Asian Financial Crisis intensified and became a big storm, so that President Din was invited as a keynote speaker at APEC 1998 to explain "Taiwan BEST"--how to avoid the cris and by means of TES as a specific tool for "Market Access" to win the Bill of E-Commerce. Further, then promoted the Bills of "ICT" and "IPR" in the APEC of 1999, 2000 and 2001. In particular, "ICT" had caused the investments by the countries to build major infrastructure. TES became a practice of  “Multilateral Trading System.”

Peter L. C. Kuo, the Founder of K-Horn Science Inc. further initiated "Satellite Support" at APEC CEO Summit 2006 to achieve the constructions of related infrastructure. Recall that when Peter Kuo accepted the invitation of Mr. Jiang Zemin in 2001 to attend APEC in Shanghai, he brought books and related materials for proclaiming the benefits of TES from Shanghai to Hangzhou, and further to Beijing, and prompting to open up "E-mail" and the Internet for civilian-use, and driving rapid economic growth in Mainland China. However, the Kuos were attacked and besieged by the entities of corruption in Taiwan. In November 2006, at the Sofitel Hotel in Hanoi, representatives from Peru thought that "the corruption attacks were very unfair to entrepreneurial women," so they listed "Anti-Corruption" as " Lima Anti-Corruption Declaration” (APEC 2008).

The invitation from President Jiang Zemin

The Founder was invited again to contribute the "Rebuilding the Global Economy" at the APEC CEO Summit 2009 in Singapore. The proposal was called "IIA-TES" - advocating investment in the United States for the economic stimulus. Since then, the invention of TES has been widely used in every aspect of life in the civilized world. In 2022, APEC Thailand regarded "Cashless" as a megatrend of future society, and the related infrastructure will become more and more perfect.

In particular, when the pandemic of COVID-19 began to spread, everyone tried to use as little cash as possible. The word "Cashless" proposed by Linda Din in 1997 that has become a famous word; and it is widely used in APEC economies and EU countries. Base on the experts from various countries on April 13 as a result of the meeting and discussion, it was calculated that the annual transaction volume of Cashless had reached USD 36 trillion approximately, and consumption of the three-year epidemic had approached USD 100 trillion. It is called the most valuable invention in human history. However, the inventor Linda Din believes that the essence of SRI is "Creating New Industry for New Jobs," which is a universal concern to help new entrepreneurs succeed -- people work at home to earn the world money. Recently, the core team of K-Horn Science Inc. went to Wall Street in New York to call on people with same ideal to work together to make dream come true for new "Alternative,"  so as to promote the common prosperity for global economy.

Reference：

https://patents.google.com/patent/US6304796 (VAM)

https://patents.google.com/patent/US20030197061 (Shopping)

http://plckbooks.blogspot.com/2018/08/k-horn-science-inc.html  (K-Horn Science Inc.)

https://khornhb.blogspot.com/2023/10/1011.html (K-Horn Science Inc.)


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