United Heritage Group, represented by Alexander Borodich, founder of Universa Blockchain, a leading innovator in blockchain technology, has completed several meetings with Sri Lankan government officials to evaluate the current needs in blockchain technology and tokenization of real-world assets during the visit to Colombo this week.
During these meetings, it was discussed that the tokenisation process of real-world assets backed by the physical assets is the immediate future and should be evaluated and monitored by the regulator while the Company is launching the digital financial products for the Sri Lankan market.
The Company will start in Sri Lanka by focusing on the tokenisation of primary commodities, emphasising that tokenised Ceylon Tea, cinnamon and gemstones can generate additional revenue streams for the country.
During the meeting with the Managing Director of the Port City of Colombo, Xiong Hongfeng, it was discussed that Universa will set up the fintech company in the Port City of Colombo, Special Economic Zone, to apply for the Business of Strategic Importance status from the Government, as a strategic partner to equip the Digital International Financial Centre with all the innovative technologies and resources required to commence digital asset operations later this year.
Universa Blockchain will be one of the first digital asset tokenisation operators not only for Sri Lanka but for all neighbouring countries in the Southeast Asian region.
“We are on the way to create the Digital Assets Operator here in Sri Lanka to provide virtualisation of various real-world assets to the government and large export/import companies to expand this operation to the next level of digital trade,” Borodich said.
Universa Blockchain offers a robust platform and protocol designed to address the evolving needs of modern enterprises.
United Heritage, Sociedad Anonima De Capital Variable is introducing the evolution of a modern blockchain technology that governments and large corporations worldwide chose.
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