When IoT Meets Blockchain: an Exciting Potential to Revolutionize Logistics
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When IoT Meets Blockchain: an Exciting Potential to Revolutionize Logistics

THELOGICALINDIAN - UCOT has been accomplishment partnerships and accepting accolades as they advance their technology that can accommodate ability to accumulation alternation administration and Internet of Things IoT systems

UCOT

This is an agitative time for technology. Abounding newcomers to the blockchain industry are advertent what the technology is and how it can be congenital into their businesses, their governments, and their lives (IoT). It’s agitative to see aloof how far this technology can reach! With abounding projects assuming abundant abeyant – such as Ripple with its accomplishing aural banks and added banking casework firms, and Cardano with its advances in scalability and cross-chain affiliation – UCOT is admiring to be classed alongside these avant-garde projects. Recently, UCOT has been experiencing a alternation of actual moments as it continues to strengthen its arrangement and technology.

UCOT

On February 7th, 2018, the UCOT aggregation abounding the 2018 “Cultural Heart” banquet – a Chinese New Year’s Congress dinner, hosted by the Australian Chinese Research Centre. During the dinner, which took abode in Canberra, the basic of Australia, John Baird, the CEO of UCOT, batten with accessory Australian politicians about how his technology can accommodate ability to accumulation alternation administration and Internet of Things (IoT) systems. After which, these MPs bidding their agog absorption in trialing this apartment of technology. Near the end of the dinner, commemorative ability were presented to entrepreneurs from China and Australia to advice advance relationships amid the two nations in both business and politics. Ben Chen, the architect of UCOT, had the account of accepting an ‘outstanding entrepreneur’ award. Chen again delivered a accent cogent his acknowledgment and analogue the approaching of UCOT.

CEO John Baird was arrive to an account with China Central Television (CCTV) and assiduously alien the UDT company’s analysis and development at Parliament House.

UCOT CEO John Baird

Part of this approaching includes creating added cardinal partnerships, which will acquiesce UCOT the adeptness to accommodate its technology into acceptable businesses. Along with this outline, came the advertisement of a new affiliation amid UCOT and the Shanghai Boyol New Brothers Acumen Company, one of China’s top 10 aggressive acumen companies. The two companies accept active a Memorandum of Understanding (MoU), advertence that UCOT will accommodate artefact eco-and-traceability-systems for the company. Through the accomplishing of their acute IoT and traceability systems, UCOT will be able to annihilate circuitous activity costs associated with Boyol’s aircraft orders and ensure appropriate artefact acknowledgment information, which managers can use to ensure the affection of artefact busline and annexation reduction.

It was additionally appear afresh that UCOT has assassin Dr. Joseph Liu, the arch of Monash Universities Cryptocurrency Research Laboratory, who will accompany the activity as a aegis consultant. Dr. Liu is best accepted for his 2004 apriorism which alongside led to the conception of Monero, a privacy-based cryptocurrency. As allotment of his position, Dr. Liu and his Monash-based aggregation will advice strengthen the centralized and alien aloofness and accepted aegis functions of UCOT. Through this, UCOT will be able to accommodate a absolutely encrypted and clandestine user acquaintance for its partners.

UCOT Dr. Joseph Liu

Overall, it’s been a absurd alpha to UCOT’s launch. With the activity set to become the aboriginal accumulation alternation administration and able IoT blockchain system, it looks like the aggregation is set for a ablaze future.

UCOT

UCOT additionally abounding the Melbourne Business Forum on February 14th, during which the UCOT aggregation had the adeptness to accommodated and allocution with above Prime Minister Kevin Rudd.

UCOT will accomplish a added actualization in the International Import Expo in Shanghai in November at the allurement from Lu Bo, First Secretary of Embassy of the People’s Republic of China in Australia.

UCOT aboveboard hopes that added ally will accompany the UCOT ancestors and assignment calm to advice advance UCOT’s ecosystem of technology about the traceability of products.

Images address of UCOT.