UCT Foundation Official Announcement
In December 2019, UCT Foundation officially announced:
HyperTech Group formally acquired the UCT Foundation, while injecting millions of dollars in capital. UCT Foundation appointed Bob Liu as the chairman. He will bring in a new management team, strengthening the business model, and gradually bringing the foundation to a higher level.
Hyperech Group is a comprehensive and diversified blockchain technology service group, and it is committed to promoting the development of global blockchain technology and the ecological landing of the blockchain industry, aiming “break through technology and empower the future”
This acquisition is based on the effective development of the UCT project in the past two years in close cooperation with a third-party technology companies in Australia and China. HyperTech Group is dedicated to further promote UCT project to be a globally-known IoT, Blockchain, 5G, AI and Big data’s top public chain system.
UCT Foundation as a part of Hypertech Group, will continue to forus on the application and implementation of blockchain technology, and apply the products that have been developed to cold chain logistics, product traceability, remote supervision, copyright protection,and other industries. So far the former UCT Foundation members John, Ben and Victor all left their positions and handed over the responsibilities. Once again I appreciated the three for their early contributions to the UCT Foundation.
Sam Lee, Chairman