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PolyU and Red Date Technology Sign MoU to Foster Blockchain Development

16 Jun 2023

Prof. LI Qing, Chair Professor and Head of COMP (2nd left), and Mr Tim BAILEY, Vice President of Global Sales of Red Date Technology (2nd right) signed the MoU, witnessed by Ir Prof. Christopher CHAO, Vice President (Research and Innovation) of PolyU (1st left), Dr Miranda LOU, Executive Vice President of PolyU (3rd left); Mr HE Yifan, CEO of Red Date Technology (3rd right); and Dr David CHUNG, founder of ImpactD (1st right).

Prof Allen AU, COMP Professor (1st left); Mr. Jeff SZE, JP, Under Secretary for Education, Education Bureau (2nd left); Prof. LI Qing, Chair Professor and Head of COMP (3rd left); Ir Prof. Christopher CHAO, Vice President (Research and Innovation) of PolyU (4th left); Dr Miranda LOU, Executive Vice President of PolyU (5th left); Mr HE Yifan, CEO of Red Date Technology (5th right); Dr David CHUNG, founder of ImpactD (4th right); Mr Tim BAILEY, Vice President of Global Sales of Red Date Technology (3rd right); Dr Henry CHAN, COMP Associate Professor and Associate Head (2nd right); Dr Daniel LUO, COMP Associate Professor


On 14 June 2023, PolyU and Red Date Technology have signed a Memorandum of Understanding (MoU) to explore opportunities for collaboration in the field of blockchain. Uniting the strengths of the two innovative and forward-thinking organisations, the MoU serves as a framework for further discussion on blockchain research, application and education, addressing practical needs and the popularisation of blockchain. This collaboration will be led by COMP and Research Centre for Blockchain Technology.

Prof. LI Qing, Chair Professor and Head of COMP, and Mr Tim BAILEY, Vice President of Global Sales of Red Date Technology, signed the MoU at the ceremony, witnessed by Dr Miranda LOU, Executive Vice President of PolyU; Ir Prof. Christopher CHAO, Vice President (Research and Innovation) of PolyU; Mr HE Yifan , CEO of Red Date Technology and Dr David CHUNG, founder of ImpactD.

Ir Prof Christopher CHAO said in the welcome remark, “PolyU and Red Date share a commitment to advancing blockchain technology and its applications. This MoU is an excellent opportunity for us to explore potential cooperation between academia and the industry.”

In Mr HE Yifan’s congratulatory speech, he stated that “Red Date is proud to collaborate with a leading institution such as PolyU to advance important technologies like blockchain and help develop future talent for Hong Kong.”

Prof. LI Qing also pointed out in his speech that this partnership would undoubtedly leverage the strengths and expertise of both parties to drive innovation and progress in this field.

The MoU signing ceremony concluded with a panel discussion on the BSN (Blockchain-based Service Network) Spartan experience sharing, moderated by Dr Henry CHAN, Associate Professor and Associate Head (Partnership & Collaboration) of COMP. Other panel speakers included Prof. Allen AU, Professor of COMP, Mr Tim BAILEY, and representatives from Prenetics and Fujifilm.

By integrating knowledge and experience of PolyU and Red Date Technology, this MoU will definitely foster the development of blockchain and make a significant contribution to the field.


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