On August 12th, it was announced that Cyberport has partnered with the Hong Kong Housing Society to introduce PropTech companies specializing in blockchain, virtual reality, big data, and other real estate technologies, and operate them together.
It is reported that each startup company will be able to receive up to HKD 200,000 in development funding from the Hong Kong Housing Society. Currently, DefyPay, a blockchain IoT startup company based on an anti-fraud engineering system using blockchain technology, has already moved in.
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