UBI Blockchain Internet Ltd. (UBIA)

Overview

UBI Blockchain Internet, Ltd. is a company primarily engaged in the research and application of blockchain technology, with a specific focus on integrating this technology with the Internet of things (IoT). This integration is aimed at enhancing the tracking, security, and transparency of products in critical sectors such as food, drugs, and healthcare. The company underwent a significant transformation in November 2016 when it changed its name from JA Energy to UBI Blockchain Internet, Ltd., signaling a shift towards its current focus areas. Established in 2010 and headquartered in Hong Kong, the company seeks to leverage blockchain technology to solve complex issues related to product authentication and supply chain management in various industries.

Products and Services

• Blockchain and IoT Integration for Food, Drugs, and Healthcare

This service employs blockchain and IoT technologies to ensure the authenticity, traceability, and safety of products within the food, pharmaceutical, and health sectors. By leveraging the immutable nature of blockchain, UBI Blockchain Internet, Ltd. aims to offer solutions that greatly reduce the risk of counterfeit goods, improve supply chain transparency, and enhance consumer trust.

• Online Store Operations in China

The company operates an online store that caters to the Chinese market, offering a wide variety of products that range from maternal and infant care items to cosmetics, wine, household goods, digital products, and luxury items. This diverse product range is aimed at tapping into the burgeoning e-commerce sector in China, providing consumers with a trusted source of various goods enhanced by the authentication and traceability features of blockchain technology.