HKBU receives HK$3 million from Digital Blockchain Technology

18 July 2018

The University recently received a generous donation pledge of HK$3 million from Digital Blockchain Technology Limited for the Department of Computer Science. A strategic cooperation framework agreement was signed to establish partnership in the area of blockchain technology development, data sharing as well as training of talents. This included the establishment of a Blockchain and FinTech Laboratory at HKBU in support of the teaching and research work of the Department of Computer Science on blockchain technology.

To acknowledge the donor’s generosity, a recognition ceremony was held on 18 July 2018. It was officiated by Mr. Li Feng, Chief Executive Officer, Mr. Huang Xiang, Chief Technology Officer, Ms. Zou Wenjing, Chief Marketing Officer, from Digital Blockchain Technology Limited and Professor Roland T. Chin, President and Vice-Chancellor. HKBU representatives attending the ceremony included Professor Rick Wong, Vice-President (Research and Development); Mr. Yeung Chee Kong, Associate Vice-President (Engagement); Professor Michel A. Van Hove, Acting Dean of Science; Professor Xu Jianliang and Dr. Chu Xiaowen, Acting Head and Associate Professor respectively of the Department of Computer Science; and Mrs. Lily Chan, Director of University Advancement and Secretary-General of the HKBU Foundation.

Digital Blockchain Technology Limited is a renowned blockchain company in the industry. It is committed to the fundamental research as well as real-world applications of blockchain technology. Its research and development team is one of the pioneers in the design of ASIC chips for blockchains. The company is now developing a new blockchain technology that can harness the huge computing resources used for mining crptocurrencies to support practical applications such as AI and scientific problems.