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Deal Book Press Release

Borderless Innovation Xchange to converge global and national IOT

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Borderless Smart Life Alliance and Wifi Alliance of China will join force in BinJiang High Tech Park at HangZhou to develop the first of its kind “Borderless Innovation Xchange” which will focus to converge global and national IOT innovations in BinJiang to create the next breed of IOT centric MNCs in China. The Borderless Innovation Xchange will house a TV studio to feature a series of the latest innovation pipelines from China and beyond including countries like Israel, Europe, USA, Singapore etc via the Borderless Tech Show which will be broadcasted to investment communities in China and the rest of the world. In addition, a fund will be created with the support of BinJiang government to power this “exchange” as a global showcase of borderless covergence of innovations.

Local and global companies with innovations in business domain like Smart Health, Good Living, Smart Ageing and Smart Home etc are expected to house themselves in the Xchange to take advantage of the global pipeline of innovations which may be “hybridised” with chinese companies. Companies that are based at the Xchange will also have priorities to be filmed at the studio and be starred at the Borderless Tech Show where local and global investors will be aggregated. Hangzhou is one of the highest GDP city and the home of Alibaba. The emergence of this unique “exchange” will boost the development of a hub of IOT companies which are keen to leverage of the latest wifi trend and international healthcare related content, technologies and services to enter the chinese capital market.

Borderless Smart Life Alliance is an initiative by Borderless Healthcare Group which has investment in state-of-the-art Borderless Innovation Centre franchise. The first centre was built in Shanghai and subsequent centres has already been annouced in ShenZhen, Australia and Israel. More than 6 countries are expected to join the roll out within the next 12 months to form the largest innovation network around the world. The Wifi Alliance of China is an initiative of the China Telecommunication Operators Association which is the only official association with memberships from all telecommunication operators in China. The development of Smart Health, Smart Ageing, Smart Food and Smart Home can finally be converged globally and locally in one hub to attract investors, partners and to support government powered healthcare reform in China. Regular events will be held to allow global and local innovations to be showcased in this “exchange” and policy makers or leaders who cannot attend the event can enjoy the new kind of “armchair” tourism to discover global innovations by watching the exciting bilingual Borderless Tech Show on their smart phone or computer.

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