News

Eid Al-Adha (also known as the “Festival of Sacrifice”) holds significant cultural and religious importance for Muslims worldwide. WTA invites merchants to leverage this occasion in their e-commerce strategies by considering the following:

1. Cultural Sensitivity and Authenticity:

• Incorporate elements that reflect the spirit of Eid Al-Adha, such as themes of sacrifice, gratitude, and community.
• Collaborate with Muslim creators to ensure authentic representation and resonate with the target audience.

2. Tailored Product Offerings:

• Launch limited-edition products or Eid-themed packaging (e.g., Halal-certified food items, festive clothing, home décor).
• Offer discounts or bundles aligned with Eid gifting traditions.

3. Effective Digital Campaigns:

• Utilize social media platforms (Instagram, Facebook, TikTok) to engage with Muslim audiences.
• Share stories highlighting the significance of Eid Al-Adha and how your brand supports these values.

Trustmarks wield significant potential in shaping the landscape of Artificial Intelligence (AI) applications, ushering in profound benefits for both B2B and B2C sectors, along with substantial advantages for customers and consumers globally.

In the B2B sector, where data-driven collaborations form the backbone of modern business operations, Trustmarks emerge as a critical component in establishing trust and credibility. AI systems often involve the exchange and utilization of sensitive business data, making it imperative for partner organizations to have confidence in the ethical and responsible handling of information. Trustmarks in AI can serve as visible indicators of adherence to ethical AI principles, assuring businesses that their data is being treated with the utmost integrity. By fostering a culture of transparency and accountability, Trustmarks create a foundation for robust B2B relationships, where organizations can confidently engage in AI-driven initiatives, knowing that ethical considerations are at the forefront.

In the B2C domain, where consumer trust is paramount, Trustmarks play a pivotal role in shaping perceptions of AI-driven products and services. As consumers increasingly interact with AI technologies in various aspects of their lives, concerns about privacy, security, and fairness have become more pronounced. Trustmarks act as assurance symbols, signaling to consumers that a business is committed to ethical AI practices. By prominently displaying Trustmarks, businesses can alleviate apprehensions, build credibility, and create a positive environment for customer engagement with AI technologies. This becomes particularly crucial as AI continues to permeate sectors such as e-commerce, healthcare, and entertainment, where consumer trust is a decisive factor in adoption.

Globally, the integration of Trustmarks in AI holds the promise of fostering a more cohesive and responsible AI ecosystem. With AI development spanning international boundaries, a standardized set of ethical principles becomes essential to ensure a level playing field. Recognized trustmarks can serve as common benchmarks for ethical AI practices, transcending geographical and regulatory differences. This, in turn, facilitates cross-border collaborations and partnerships in AI research and development. By providing a universally recognized symbol of reliability, Trustmarks contribute to the establishment of a global framework that promotes responsible AI deployment and mitigates potential risks associated with unchecked development.

Moreover, trustmarks serve as catalysts for innovation by incentivizing businesses to prioritize ethical considerations in their AI endeavors. As the demand for transparency and responsible AI practices grows, businesses that embrace and display Trustmarks gain a competitive edge. This not only benefits consumers by ensuring they engage with AI technologies that align with ethical standards but also creates a positive market environment that encourages responsible AI innovation.

In conclusion, the strategic integration of Trustmarks in AI is pivotal for shaping a future where ethical considerations are at the core of AI development and deployment. From B2B collaborations to B2C interactions and on a global scale, Trustmarks play a multifaceted role in building trust, fostering transparency, and promoting responsible AI practices. As the AI landscape continues to evolve, businesses and organizations worldwide must recognize the instrumental role of Trustmarks in creating an ethical and trustworthy foundation for the future of artificial intelligence.

Ramesh E.V. Balakrishnan
Chairman,
World Trustmark and Trade Alliance (WTA)

(8 November 2023) – WTA is invited to be a supporting organization of the 13th Business of Intellectual Property Asia Forum (BIP Asia Forum) which will be held on December 7-8, 2023 at the Hong Kong Convention and Exhibition Centre.

Jointly organized by the Hong Kong SAR Government, Hong Kong Trade Development Council and Hong Kong Design Centre, the BIP Asia Forum is an annual flagship event to discuss the latest developments and trends in the dynamic intellectual property (IP) market and explore business opportunities in Asia and beyond.

Last year, the two-day Forum has attracted more than 14,000 viewers from 40 countries and regions, and featured over 70 prominent speakers, including worldwide IP organizations and leading brands in the global IP industry.

The Forum this year, themed “IP & Innovation: Steering New Economic Growth”, will set to provoke the strengths of IPs in business value creation. Together with the “Innovation and IP Market”, themed “Cleantech”, a one-stop IP showcase and networking platform with IP management and enforcement related event sessions, the fruitful program will inspire attendees on utilizing IP monetization and commercialization to develop new business frontiers.

For more information, please visit:

• Forum website:
  http://www.bipasiaforum.com
• Forum brochure:
  https://pp.hktdc.com/dm/bip/2023/BIP_Brochure_2023.pdf

Please contact us if you are interested in joining the event.

#BIP #WTA #IPMarket #IntellectualProperty #BusinessLeader #entrepreneur #Cleantech

(1 September 2023) – Dr. JJ Pan, Vice-chairperson of WTA, attended the workshop “Facilitate cross-border e-commerce in ASEAN” as a key note speaker, “Landscape of SEA’s e-commerce and Digital Economy” and panelist of the “Opportunities and Challenges for cross-border e-commerce in ASEAN” session.

The workshop performs to foster cross-border e-commerce across ASEAN countries in light of the active participation of nations in the implementation of free trade agreement. The workshop is a series of events leading up to the ASEAN Online Sale Day 2023 (AOSD) which will be held in Ho Chi Minh, Vietnam, in a hybrid format.

AOSD is an annual ASEAN-wide e-commerce event encompassing the entire ASEAN resion, bringing together e-commerce businesses and platforms to offer online discounts and promotions. Building upon the tremendous successes of the last two AOSDs editions holding on between August 8 and August 22.

To see the detail of event, please visit https://onlineasean.com/.
To see the post of event, please visit https://www.linkedin.com/posts/activity-7104072601991344128-eOcB.

#workshop #ecommerce #cross-border #digitaleconomy

(4 July 2023) – Dr. JJ Pan, WTA’s Vice-Chairperson, joined the “Facilitate Cross-border E-commerce in ASEAN” workshop as a guest speaker on June 21, 2023. Dr. Pan had contributed on the session of Landscape of SEA’s e-commerce and Digital Economy focusing on the opportunities and challenges for cross-border e-commerce in ASEAN.

The workshop is part of a series of events leading up to the highly anticipated ASEAN Online Sale Day 2023 (AOSD) in Vietnam. It will be to deliberate on viable solutions for cross-border ecommerce enterprises, enabling them to recognize their opportunities to surmount such major obstacles as logistics, online consumer protection, and legal and regulatory issues. Esteemed experts and experienced market players will participate, facilitating the exchange of knowledge and best practices. The workshop will also serve act as a proactive initiative for AOSD 2023, encouraging the participation of all enterprises throughout the region.

#workshop #ecommerce #cross-border #digitaleconomy