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UBI Blockchain Internet Ltd. (OTC QB: UBIA) ("UBI") announced that the Hong Kong Special Administration Region ("HKSAR") has approved and participated in financing the blockchain technology project being jointly developed by UBI and The Hong Kong Polytechnic University ("HKPU"). The agreement between UBI and HKSAR for financing the project is fully effective, with total financing about HK$6,000,000 (approximately USD 700,000).
Blockchain buzz is powering a lot of investments these days, and some are apparently pretty sketchy. Hong Kong-based UBI Blockchain Internet Ltd. cashed in last year on the mania for cryptocurrency as ...
Whether bitcoin is in a bubble may be up for debate. But it is hard to deny there is some form of investor mania happening when it comes to companies that promise to capitalize on the blockchain technology....