The UBIC, a partnership between UnionBank and Chinese tech giant Huawei, seeks to become the first "smart campus" in the APAC region and serve as a breeding ground for new fintech talents.
The money is flowing into the metaverse, with the emerging sector receiving over $1.5 billion, most of it in the last quarter of the year, according to reports.
People are no longer asking what blockchain is or if it’s needed, because everyone now knows and accepts that it’s necessary, according to Huawei’s Zhang Xiaojun.
Huawei’s latest range of smartphones will allow its users to store, send and receive China’s central bank digital currency.
Huawei has filed for multiple patents related to blockchain technology storage methods and devices, according to local media outlets.
