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NEW YORK, NY / TAIPEI, TAIWAN / ACCESSWIRE / July 19, 2021 / SUIC Midas Touch has entered a new frontier, adopting the multi-level marketing (MLM) strategy with an emphasis on blockchain technology when launching and promoting its new product, the MT Unified Procurement “in the whole world.

Unified purchasing MT “ is a combined purchasing and prepayment service for suppliers and buyers, where purchase prices can be relatively lower than the market. It grants merchants lines of credit based on their transactions that allow them to receive goods and services even without paying down payments to suppliers. All parties involved in these transactions automatically become “MT Fellows” in the MT Wholesale Club, where they can take advantage of direct factory prices at significant discounts ranging from double to quintuple. This efficient management allows savings to be made and has a direct impact on the bottom line of traders, especially when suppliers consolidate buyers’ orders on the MT platform. Suppliers can count on Unified purchasing MT “ to increase turnover and trade receivables, while minimizing the risk of bad debts.

SUIC Midas Touch’s powerful MLM blockchain framework as applied on Unified purchasing MT “ ensures that all parties in all transactions will experience a smooth, reliable, highly secure and transparent execution of the sale and purchase, with built-in control to avoid late payment of transactions and other related incentives. This achieves the crucial balance between autonomous and centralized control of the entire peer-to-peer system, while complying with relevant industry regulations.

The MLM industry achieved retail sales of $ 180.5 billion worldwide in 2019, with the United States becoming the world leader. At the same time, the global multilevel marketing software market is expected to grow with a CAGR of 8.3% during the forecast period 2021 to 2029. The expected growth will be driven by the growth of the network marketing market in the world. (Sources: Statista.com and ResearchAndMarkets.).

“We are excited about our blockchain-based MLM model to further promote our product, MT Unified Procurement” at various levels of our SUIC Midas Touch networks and to increase its chain and distribution, to the benefit of all network participants at both in supply and demand sides. All parties earn and increase their profits as levels increase exponentially in a secure and completely decentralized manner,“said Yanru Zhou, CEO of SUIC.

SUIC Midas Touch is now expanding its presence and is in the process of establishing regional offices in Asia, Southeast Asia, the United States and Europe to support local partners through expert advice, training and other services to improve the availability of its products and services. in the regions, thus creating valuable growth opportunities for partners and local businesses.

About Midas Touch, United Kingdom

Midas Touch was established in UK in 2010, is a duly registered company with a commercial license to operate. Midas Touch offers guarantees against fraud in the area of ​​digital currency, for example the counterfeit transfer of digital money into wallets. Focus on digital asset management and provide businesses with decentralized finance (DeFi) and other innovative full supply chain financial services. Solve the problems of capital turnover on supply and demand sites. He launched MT Flash Pay “ Same day transfer and financing, and MT CQ Pay “ Double Income Emergency Loan, Pay for free MT “ Services – Delay allocation to offset transaction costs and Unified purchasing MT “ Combined purchasing power economies of scale and several other financial solutions. To learn more about Midas Touch, visit their website at www.midas-touch.io.

To learn more about Midas Touch products and services, please review our information by clicking on: https://drive.google.com/file/d/17GLXWv5T3d39Jrx2v0GvqKIBcSzxpOMy/view?usp=drivesdk

About Sino United Worldwide Consolidated Ltd., United States

Sino United Worldwide Consolidated Ltd. provides research and development, venture capital financing and investment services in private companies and the public sector that develop products and services by adopting basic capabilities of Internet of Things, computing cloud, mobile payment, big data, blockchain and artificial intelligence, to improve and streamline existing processes, and establish exciting new business models that will create revolutionary products and services. SUIC shareholders will be exposed to various applications of advanced services in various sectors of the economy. In addition, existing and potential customers can benefit from this company’s diverse portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build the technology companies of the future. For more information, please visit www.sinounitedco.com.

Forward-looking statement

Certain information contained in this document contains “forward-looking information”, including “forward-looking financial information”; and “financial outlook” under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained in this document constitutes forward-looking statements and includes, but is not limited to, (i) the projected financial performance of the Company; (ii) the realization and use of the proceeds from the sale of shares offered hereunder; (iii) the expected development of the Company’s activities, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activities and global growth; (v) the sources and availability of third party funding for the Company’s projects; (vi) the completion of the Company’s projects which are currently underway, under development or under study; (vi) the renewal of the Company’s current agreements; and (vii) future liquidity, working capital and equity needs. Forward-looking statements are provided to enable potential investors to understand management’s beliefs and opinions regarding the future so that they can use these beliefs and opinions as a factor in valuing an investment.

These statements are not guarantees of future performance and should not be relied on unduly. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results for future periods to differ materially from any projection of future performance or results expressed or implied by such statements. prospective.

Although the forward-looking statements contained herein are based on what the management of the Company considers to be reasonable assumptions, there can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated. in these statements. The Company assumes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Contacts

Sino United Worldwide Consolidated Ltd.
New versions department
929-391-2550

SOURCE: Sino United Worldwide Consolidated Ltd.

See the source version on accesswire.com:
https://www.accesswire.com/656029/SUIC-Midas-Touch-Enters-a-New-Frontier-of-Multi-Level-Marketing-With-A-Focus-on-Blockchain-As-It-Launches- Its-new-product – the-MT-Unified-ProcurementTM