An industry-wide supply chain system based on IoT, blockchain, 5G, AI and big data.
UCT Foundation is the advocacy and governing body of UCOT ecosystem. The Foundation's mission is to assist its members in being prepared to meet the challenge of a whole new era of “Ultimate Supply of Every Chain, Smart Internet of Everything".
To achieve this mission, UCT Foundation is committed to researching, developing and organising resources to build a next generation, globally accessible, easy-to-use and trustworthy Smart Digital Chain-of-things ecosystem, which allows the businesses to optimise their supply chain management and smarter IoT use through Decentralised Applications (DApps).
UCT Foundation’s Vision is that more and more enterprises will leverage Blockchain technologies to realise asset digitisation and re-model the value transfer and exchange process in the supply chain and IoT ultimately.
In this process, the Foundation has authorised Ultimo Digital Technologies (UDT)’s development and will promote and support the implementation of UCOT infrastructure including platform, applications and frameworks and provide governance, transparency, and promotion and advocacy work.