WeTrade Group Inc. Allies with Hangzhou Parallel Space to Develop Virtual Human Technology

WeTrade Group Inc., a global diversified “software as a service” (SaaS) technology service provider committed to providing technical support and digital transformation tools for enterprises across different industries, announced that the Company has entered into a strategic cooperation agreement with Hangzhou Parallel Space Network Technology Co., Ltd. (Hangzhou Parallel Space). Hechun Wei, Chief Executive Officer of WeTrade, and Mr. Thomas, founder and Chief Executive Officer of Hangzhou Parallel Space, attended the meeting and signed the Agreement. The senior management of both parties participated in this signing ceremony. Pursuant to the Agreement, the two companies will work together to jointly set up Parallel Space Intelligent Network Technology Co., LTD (Parallel Space Intelligent).

With the rapid growth of the global economy, the virtual human technology has become increasingly popular and foreseeably irreplaceable in different industries. The establishment of Parallel Space Intelligent will be a milestone for both WeTrade and Hangzhou Parallel Space as they jointly promote the idea of “virtual human” in meta-universe to the global market, and revolutionize the application of “virtual human” technology services to the global multi-industry sector.

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Hangzhou Parallel Space was established in September 2022, with its headquarter in Hangzhou, Zhejiang Province. By building AI virtual human R&D platform, marketing platform and platform-based application tools, Hangzhou Parallel Space empowers the industry to build digital “virtual human” core assets. It also solves the crux of the problems in “metaverse” technology for more than 40 first-tier brands at home and abroad, and reaches a deep strategic cooperation to jointly promote the development of metaverse ecology.

Hechun Wei, Chief Executive Officer of the WeTrade, commented, “Advancing to the virtual human industry is an important step for the Company to upgrade its digital technology services in 2023. In recent years, the virtual human application has gone beyond the stage of virtual anchor, interactive entertainment, education and training, government services, among others, and expanded to other industries. The empowerment and employment of digital virtual human and real economy interaction will become inevitable. The Company hopes to keep up with this trend and seize the opportunity for an early entrance into this market, and to create greater value for our customers, and shareholders.”

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