Expanding our activity in China: FutureBlock signs a new agreement with UIT!

Expanding our activity in China: FutureBlock signs a new agreement with UIT!

We’re happy to announce another agreement with our Zhengzhou branch partner – United Information Technology (UIT)!

 

UIT is a leading Chinese cloud and storage company cooperating with Zhengzhou government, sign a new agreement with FutureBlock, with the support of the Israeli embassy in Beijing and the Israeli Chamber of Commerce in China. Since 2001, UIT has been developing and delivering innovative solutions to Chinese customers from different industries, like telecommunications, media, banking and financial services, energy, education and more. Moreover, UIT possesses its research center that aims at exploring and finding more innovative and cutting-edge ways of data storing to help its clients accelerate their businesses.

 

With this agreement, we’ll jointly access blockchain projects from Zhengzhou city and Henan province, where one of our FutureBlock China offices is located, as well as bring western blockchain startups to work in China. On top of that, the research team from FutureBlock will join UIT to assist it in doing blockchain applied research globally.

To us, this new agreement is a new stage in the FutureBlock-UIT cooperation. We believe it will enable us bring more value to Chinese customers and help our portfolio companies and partner startups find more business and investment opportunities in China.