Global Channel-TES (The eStore System)

APEC Best Practice

In 2003, the SARS outbreak swept the globe. Recognizing the imbalance in regional economic development, the Australian government sought a best practice and self-funded the "Growing the APEC SME Exporters Community II: A Business Perspective" forum at the APEC in Ching Mai, Thailand. The aim was to address the needs of SME exporters and further achieve common prosperity. On August 4, 2003, Linda Din, a speaker at the 1998 APEC, was invited to present "Global Channel-TES (The eStore System)" at the Chiang Mai APEC. This presentation aimed to address the needs of SME exporters, create derivative value chains, and generate numerous new jobs. It stood out from 21 economies and won the best practice award to secure the best practice policy. The content is excerpted as follows:

Fig 1: The Proposal won the Best Practice (APEC 2003)

Foreword:

"After the Asia-Pacific economy was severely impacted by SARS in 2003, this is an extremely important lesion. It has special significance not only for small and medium-sized enterprise trade, but also for governments and APEC. How to establish a new economic model of safety and efficiency in order to stimulate economic prosperity? Here we would like to introduce a new ‘Global Channel’..."

The new "Global Channel - The eStore System (TES)" is a tech-economic system – hence it's abbreviated as "TES". This system can promote:

1. Create new business channels and enhance trade opportunities.

2. Invention - making intellectual property rights (IPR) a new financial commodity.

3. Become a feasible business model for e-commerce, activating the trade between business and business, and among business and customer (individual) (B to B / B to C).

4. Technologicalization of traditional industries and achieve intellectualization of technological industries.

5. Cultivate 500,000 micro businesses.

6. Create employment opportunities for women – One eStore One Business One Job.

7. Safe and effective new channels (cashless transactions and automatic data transmission).

8. Hygiene and environmental protection (applying contactless technology).

"Global Channel-TES" uses radio frequency (RF) converted "contactless chip card" as a transaction tool. Transaction information and data can be automatically transmitted to the control center through telephone lines for processing, and suppliers will be automatically notified to replenish goods, forming a closed-loop system.

With just a small bus stop, an "electronic store” (eStore) can be installed, allowing people waiting for the bus to purchase and charge. The TranSmart chip card can also be used as a ticket, promoting free movement of new products. The eStore can sell a various goods, such as food, drinks, cameras, batteries, watches, accessories, etc. After consumption, the product and invoice can be received immediately, and the transaction information and data can be transmitted at real time through the POS , report to the enterprise's control center, to manage the flows of monetary and goods.

Fig 2: Application Example of “eStore”

To install this kind of eStore in the United States (A), the United Kingdom (B), China (C), and other regions of the world. No matter the number is 300 stores or 3 million stores, the transaction information and data will be automatically transmitted back to the control center. After the data is processed, the logistics is automatically notified to restock the goods, in addition to simultaneously controlled the flows of money, goods, logistics and information. The keynote speaker Linda Din said on the stage: "One eStore One Business One Job!" There were warm applauses. The "eStore" thus was commended by representatives of the economies as a small cell site to solve unemployment; due to it has the function of charging, so it's called a small station of "Energy Storage"— and this is one of the megatrends in the future tech-economy.

Fig 3: The Operation Diagram of Multi-functional eStores

Six Major Regional Operation Centers

The most important thing is that the operation of this "Global Channel-TES" is invested by a private social enterprise. It is like a big engine that drives a vitality project for the regional economy; we recommend that APEC establish an Action Administration Committee to formulate channel specifications, protocols and standards. To found a Regional Operation Center and require the governing authorities of each economy to provide permission and barrier elimination. A Strategy Team was established, consisting of six major work centers.

1. Intellectual Property Right and Law Center: IPR authorization, royalty collection and processing of related contracts.

2. Financial Center: Stock listing (IPO), issuing the TranSmart Chip Card, and investment banking.

3. Human Resource Center: Cultivate micro-enterprises and 180,000-500,000 women.

4. ICT Center: Control center, clearing center and telecommunications center.

5. Manufacturing Center: Production of TES related software and hardware.

6. Supply Chain Center: Research and development, new products and logistics.

Conclusion: The eStore System (TES) is a perfect action plan to present APEC's economic issues and results to the world. And, "The Progressive World because of Invention".

Speaker Linda Din, while answering questions at podiums in both Chiang Mai and Bangkok, introduced the “Linhorn Indicator: A = C / GDP = 0.36.” She stated that the economic output of C (cashless) would reach “USD 10 trillion.” After the meeting, representatives from the economies estimated that this best practice — "Global Channel-TES" would become the best entrepreneurial guidance for 240 million people, and was included in the "Ministerial Meeting Joint Statement". Since then, the economies have worked hard to build relevant infrastructures to welcome innovative industries in the new century, hoping to implement a multilateral trade system and achieve the common prosperity. (Kuo, 2022:145-161)

Fig 4: Letter of Appreciation from the Australian Government

Origins of the TES Invention

Linda Din (丁玲虹，Ding Lin-Hong), a homemaker in Chonghe, Taipei County witnessed in 1986 the closure of Mattel’s Taiwan plant (MLT), which left 5,000 people unemployed. After spiritual meditation, she invented an innovative industry — "TES" (The eStore System), known as a “Total Economic Solution.” Its original purpose was to “solve unemployment.” The adoption of “cashless” transactions was also intended to prevent taxi drivers from being robbed.

She reviewed the theories of Faraday, Maxwell, Coulomb, Marconi, Planck, and Einstein, yet found none directly applicable. Ultimately, she developed her own “Contactless TranSmart Electronic-payment System Equation,” defined as half the product of the square of the minimum current and resistance, multiplied by η (eta), yielding radio frequency power (P_rf). This is termed the “Intelligent Energy Conversion Formula”: “P_rf = η • I_min² • R / 2”

Through experimentation, she derived the value "13.56 MHz." Since 2002, hundreds of millions of people have passed through metro gates seamlessly using smart contactless cards. During the COVID-19 pandemic, this system further enabled billions of people to make a living from home.

The innovative TES industry encompasses a wide array of technologies and products, including: "power chip, contactless sensing technology, TranSmart chip card and their reader, RF transmitter, VAM & eStore, TSCM, ICT, control center, interphone, transmission technology, cashless transaction systems, contactless ATM, ESD (entry security device), ETC (electronic toll collection system for transportation), micro businesses, 3C products, e-commerce (EC), and TES itself." Linda Din and her team independently brought these technologies and tangible objects into existence and to the world, making them essential global public goods.

Fig 5: New Tech-Economic System (TES) invented by Linda Din

Linda Din was invited to serve as a speaker at APEC. To help others understand her groundbreaking invention, she prepared “Color Brochures” — carrying 30 kilograms of printed materials — which she distributed to representatives of all economies, including OECD observers. She formally presented this invention at the APEC 1998 forum, emphasizeing it as a paradigm of “Social Responsibility Investment” (SRI). Later, at APEC 2003, her proposal was recognized as the best practice for enabling entrepreneurship among 240 million people.

Fig 6: Color Brochures distributed to APEC representatives

To realize SRI, Linda Din sold electronic components worldwide and obtained a patent for “Improved AV Connector Structure,” which unified NTSC and PAL television I/O standards. Through this, she became acquainted with Dr. Gunter Rexrodt, a German PhD in business administration, who later became the Minister of Economic Affairs under Chancellor Helmut Kohl after German reunification.

Fig 7: AV Connector Patent Certificate

Dr. Rexrodt strongly endorsed the “VAM” concept within TES. He agreed with Linda’s concept of the Laplace Stardust Diagram, which upgrades ground-level vending machines into value-added intelligent vending systems (VAM) connected via TSCM — to approach “One eStore, One Business, One Job.” Using cashless TranSmart chip card transactions, this system addresses the interconnected challenges of government finance, corporate orders, and employment (as a “Possible Trinity”), creating a triple-win W-shaped society. Dr. Rexrodt regarded the TES system as a new form of “Economic Physics.”

Outcomes Enabled by the Best Practice

According to the August 2003 “Joint Ministerial Statement,” the following key policy outcomes were catalyzed at that time:

From August 4 to 8, 2003, the 10th APEC Small and Medium Enterprises (SME) Ministerial Meeting was held in Chiang Mai, Thailand. The proposal “Global Channel-TES” presented by speaker Linda Din was once again commended as a “Total Economic Solution.” Building upon the policy framework derived from its underlying architecture—particularly “TSCM” (TranSmart Supply Chain Management Software System) — the meeting intensively catalyzed and adopted a series of core policies that laid the foundation for today’s digital finance and cross-border supply chain order. The major outcomes can be grouped into the following five areas:

I. Cross-Border Financing Chains and Asset Securitization

Article 22 “Best Practice Guidelines for Financing Chains”: The Ministers formally welcomed the “Best Practices for Financing Chains” workshop proposed by Chinese Taipei, and for the first time officially authorized the initiative to develop a unified set of “Best Practice Guidelines for Financing Chains” applicable across all APEC member economies. This enabled Taiwan to secure an early role in setting standards for Asia-Pacific digital finance.

Article 44 “Securitization of SME Loans”: The Statement supported further exploration of “Regional Bond Markets” and explicitly recognized SME loans as eligible “collateral” for issuing new debt instruments, significantly expanding pathways for cross-border SME financing and financial asset liquidity.

Articles 45 and 46 “Establishment of an APEC SME Banking Network”: Ministers agreed to technical collaboration with APEC Finance Ministers and formally supported the establishment of an “APEC SME Financial Institutions Network,” while promoting the signing of Memoranda of Understanding (MOUs) to accelerate cross-border financial information exchange.

II. Micro-Enterprise Action Plan and Entrepreneurial Society Policies

Articles 3 and 37 “Endorsement of the Micro-Enterprise Action Plan”: The meeting formally adopted and fully endorsed the “APEC Action Plan to Promote Micro-Enterprise” (in response to Proposal 5: fostering 500,000 micro-enterprises), requiring APEC working groups to incorporate micro-enterprise perspectives into all national-level projects and initiatives.

Article 7 “Public-Private Partnerships and Addressing Entrepreneurial Gaps”: The Statement quantified for the first time that up to 240 million people in the Asia-Pacific attempt to start businesses annually, while facing a severe shortage of 60 million experienced entrepreneurs. Ministers established a policy direction to support startups through Public-Private Partnerships (PPP), providing access to information, advisory services, and functional management support.

Articles 25 and 28 “Market-Oriented Microfinance Framework”: To reduce “financial exclusion” faced by SMEs, member economies were required to establish clear policy frameworks for microfinance systems, offering more flexible micro-loans and financial services than traditional risk-averse banking institutions.

III. Removal of Trade Barriers and Regulatory Alignment

Article 31 “Elimination of Non-Tariff and Regulatory Barriers”: The meeting launched policies to identify and eliminate regulatory and non-tariff barriers affecting SMEs in international trade, mandating Senior Officials to establish long-term monitoring and reporting mechanisms.

Article 47 “Alignment with Advanced Regulatory Frameworks”: The participation of the OECD Working Party on SMEs and Entrepreneurship as a guest was formally welcomed, effectively introducing advanced regulatory standards, legal frameworks, and consumer protection systems from developed economies into APEC, thereby enhancing the international legitimacy of cross-border e-commerce and smart retail.

IV. Post-Epidemic Response and the Emergence of the “Zero-Contact Economy”

Article 59 “Post-SARS Economic Recovery and Risk Resilience”: In response to the severe impact of the SARS outbreak, which significantly increased transaction costs across the Asia-Pacific, the meeting adopted the “APEC SARS Action Plan” (in response to Proposal 8: Health and Environment — application of contactless sensing technologies). The urgent need for business resilience and disruption prevention directly accelerated the early policy adoption of technologies advocated by Linda Din, including “cashless, contactless, automated clearing and settlement — TES/TSCM.” This became a key policy origin of today’s “zero-contact economy” and smart retail systems.

V. Intellectual Property and Integrated Technological Approaches

Article 21 “Strict Enforcement of Intellectual Property Rights (IPRs)”: The Statement explicitly designated strict enforcement of intellectual property rights regulations as a core national policy to foster efficient capital markets, protect original technologies, and encourage angel and venture capital investment in SMEs.

Articles 49 and 57 “Cross-Domain Integrated Policy Approach”: Adopting recommendations from the APEC Business Advisory Council (ABAC), the Statement promoted an “Integrated Approach” combining human resources, marketing, research and development (R&D), and tailored financial assistance, while accelerating SME adoption of e-commerce.

These five major policy areas collectively advanced the development of the digital economy and paved the way for the era of artificial intelligence.

Fig 8: Linda Din explains the color brochure to the Thai representatives

Compiled by Li-Chang Kuo (aka Peter Kuo), who founded Taiwan's precision industry in his early years. He was a representative of the APEC CEO Summit and a third-sector expert. He advocated for "Anti-Corruption (AC) / Contactless / Cashless / E-Com / 3C / ICT / IPR / IIA-TES / Micro-enterprises (MB)..." to win the international bills and regulations.