Taking Aim at Application Opportunities for Blockchain and IoT Convergence
TUL Joins Forces with Taiwan Tech and QRC to Research and Develop Blockchain Technology(August 9, 2018) TUL Corporation (TWSE:6150), National Taiwan University of Science and Technology (Taiwan Tech) and blockchain venture platform QRC Group from Japan collaborate on the research and development of blockchain technology. The partnership aims at developing the significant underlying technologies and related applications of blockchain and internet of things (IoT), nurturing blockchain talents and promoting industrial-academic cooperation and international exchanges.
Blockchain applications are burgeoning and still in the ascendant. In additional to popular financial payments and cryptocurrency mining, the decentralized application of smart contracts and the development of blockchain and IoT big data applications known as “blockchain 3.0” are highly anticipated. The demand for related talents in the industry is increasing rapidly.
“Taiwan's IT industry has profound hardware R&D and manufacturing capabilities, and high-quality R&D talents. The endless application potential and technology coverage of blockchain and IoT convergence is just the best transformation opportunity for Taiwan’s industry to implement virtual integration in the era of big data,” said Ted Chen, CEO of TUL.
“As the top technology institute in Taiwan, Taiwan Tech has always focused on cultivating high-tech engineering and management talents, while maintaining a high degree of internationality by working with many leading technology institutes and enterprises across the globe on research and industrial-academic cooperation. On the other hand, blockchain venture platform QRC Group from Japan has extensive experience in technology development, legal supervision, education and training due to the early investment in the blockchain field,” Chen continued.
In addition to the core image processing applications, TUL Corporation has gradually expanded to areas such as biomedical and artificial intelligence high-speed computing. Through the collaboration with Taiwan Tech and QRC Group, TUL targets to nurture talents in the blockchain, and integrate Taiwan's research and development capabilities of blockchain technology with the international arena by communicating with foreign practitioners.
About TUL Corporation
TUL is a leading supplier of AMD graphics cards under the PowerColor brand. We offer award-winning products based on our technology leading components, quality design and superb engineering. TUL employs more than 150 talents worldwide, with offices in China, Europe, Russia and USA to support over 300 channel partners and distributors in 50 plus countries.