TES Pilot Initiative in the U.S.
Prepared by Peter Li-Chang Kuo ( Chinese ) Q1: Have you heard of the " USD 36 Trillion Invention "? A1: The invention we created— TES (The eStore System)—is a new tech-economic system that has already driven a staggering USD 36 trillion in transaction value of cashless system! Fig 1: TES as the Best Practice of APEC 2003 – a “Global Channel” K-Horn Science Inc. was established in 1979 as a pioneering incubator. It founded the BSC Angel Fund in New York , spearheaded the development of satellite receivers, and played a key role in realizing the economic vision of Reaganomics during the 1980s. To address structural issues in society, we invented the " TES " (Tech-Economic System) — an innovative cashless infrastructure that won the E-Commerce Bill endorsement at APEC 1998. We once commissioned a national academic institution to conduct an intellectual property (IP) appraisal. The limited-edition VAM hardware alone was estimated to generate “ USD 12.5 bil...