Today, the 15th Annual Meeting of the New Champions (Summer Davos) hosted by the World Economic Forum officially opened in Dalian. This year's conference brought together high-level leaders from politics, business, social organizations, and international organizations, as well as outstanding entrepreneurs, innovators, experts, and scholars. Participants from various sectors proposed solutions to various topics.

On the first day of the Annual Meeting, Deng Guobiao, Founder and CEO of XTransfer, delivered a speech at the forum event titled "Uncovering the Secrets of E-commerce Payments." He engaged in an in-depth exchange with Jirayut Srupsrisopa, Founder and CEO of Bitkub Capital, a digital asset company from Thailand. Among the guests attending the event were also representatives from institutions such as the Central Bank of Qatar and the Development Bank of Southern Africa.

With the further development of cross-border trade, various economic sectors globally face their own challenges in cross-border regulation, including protecting data privacy and consumer rights, combating fraud and money laundering, and ensuring compliance. Major participants in cross-border trade, especially small, medium, and micro-enterprises (SMMEs), need to actively address these challenges to achieve sustained growth and enhance competitiveness.

Addressing this topic at the "Uncovering the Secrets of E-commerce Payments" forum, Deng Guobiao shared insights on the cross-border financial service challenges faced by SMMEs and how XTransfer is helping them navigate the overseas market.

XTransfer not only showcased its professional expertise in cross-border financial services but also emphasized the pivotal role of technological innovation in facilitating global trade. As digital transformation emerges as a new trend in the global economy, XTransfer is leveraging its digital and intelligent risk control infrastructure to help SMMEs better adapt to the demands of cross-border finance and risk management services in the digital era. This not only simplifies cross-border transaction processes and effectively reduces operational costs but also enhances transaction security and transparency.