At Canberra’s State Banquet event, Ben Chen, co-founder of UCOT, was awarded Australia’s ‘Outstanding Entrepreneur Award’, followed by an interview by China Central Television(CCTV). The UCOT team of Ultimo Digital Technologies was invited to attend the Australian State Banquet, in the Parliament House of Canberra’s Great Hall, joined by other companies and politicians, many of whom showed great interest in UCOT’s technology.
The senator for the Australian Capital Territory, The Hon Zed Seselja first read the letter from Prime Minister, Malcolm Turnbull. In the letter, Prime Minister Turnbull welcomed all guests and representatives at the event and sent New Year’s greetings to Chinese people living in Australia. Ms. Gai Brodtmann MP – Deputy Chair of the Joint Standing Committee on the National Capital and External Territories, and Mr. Andrew Barr MLA – Chief Minister of the Australian Capital Territory, also gave their new year’s wishes.
During the event, UCOT CEO, John Baird, introduced members of parliament attending the event, showed his gratitude for their presence. Many of those attending showed great interest in UCOT’s technological offerings and considered ways in which the state of Canberra could adopt and make use of them.
The ‘Top Ten Outstanding Entrepreneurs in Australia’ awards were also presented during the dinner, the co-founder of UCOT, Ben Chen, receiving the honour and making a speech, followed by an interview from China Central Television (CCTV).
On the 8th of February, the John Baird introduced UCOT to those in attendance, at the Australian Chinese Business Summit. The summit focused on providing a safer investment environment to Chinese entrepreneurs who are looking to make investments in Australia.
Ultimo Digital Technologies Pty. Ltd. (UDT), as a special representative, showed their research to the participants during the summit. Many of the attending companies wanted to know more about UCOT’s Blockchain technology, with mention of future cooperation between companies, including China’s National Wine, Wuliangye, Canberra Milk dairy group, Swan Wine Group, to name a few.
CEO, John Baird was invited to an interview with China Central Television (CCTV), and comprehensively introduced Ultimo Digital Technologies’ research and development in the interview.
Ubique Chain of Things (UCOT), developed by Ultimo Digital Technologies Pty. Ltd. (UDT), is a digitised supply chain ecosystem, powered by the latest 5G/IoT telecommunications and Blockchain technologies. The UCOT ecosystem can eliminate both the risk of being tampered with, a common issue in traditional databases, and the risk of being hacked, through the decentralisation of Blockchain. With this, full traceability can be achieved all over the world. In addition to basic information, information such as product temperature, humidity, location, and smart contracts (automatic trigger payments, submission of documents, transfer of ownership and other pre-agreed procedures) can be collected.
During the summit, UCOT was mentioned and spoken of highly by Lu Bo, first secretary of the Embassy of the People’s republic of China in Australia and was presented with a free invitation to participate in the China International Import Expo, to be held in Shanghai in November this year.
UCOT was also invited to attend the Melbourne Business Forum to be held on 14th February to have a face to face presentation with former Australian Prime Minister, Kevin Rudd.
UCOT truly hopes that more partners will join the UCOT Family, to work together and improve new technologies such as the traceability of products, and more.
By Hubert Chu