Document:

Exhibit
10.5

 

Contract
of Developing Application of Blockchain Technology to Upgrad Full 

Industry
Chain of Brewery

 

Party
A: UBI Hong Kong Blockchain Internet Ltd (“UBIHK”)

 

Legal
representative or person in charge: Tony Liu

 

Location:
Cyberport in Hong Kong

 

Party
B: Heilongjiang Province TongFangZhuoXin Brewing Co., Ltd.

 

Legal
representative or person in charge: Yang Wang

 

Location:
LianZhuShan MiShan City, Heilongjiang Province

 

Party
C: Global Blockchain Cooperation Alliance (“GBCA”)

 

Legal
representative or person in charge: Tony Liu

 

Location:
Cyberport, Hong Kong

 

Under
the relevant rules and regulations of “Contract Law of the People’s Republic of China”, the above parties have
reached a consensus to sign this contract within the meaning of the framework of the prior strategic agreement signed by the said
both parties.

 

1.
Project Title: Project of Comprehensive Upgrading Organic Whole Wheat Brewing with Application of the Blockchain
Technology

 

    	 

    	 

    

 

2.
The Current Status, Reality, and Trends Domestically and Abroad for Technology Development Like This Project:

 

Since
its birth in 2009, the blockchain technology started to be gradually highly valued by 2014. The first year in which this techconolgy
started to be officially implemented in commerce and industry is 2018. As the blockchain is a disruptive technology that affects
the work and life of human beings, it has a wide range of applications and vast potentials in the future, and it will an era of
the blockchain in the coming decadeor even longer in the time to come!

 

3.
The Target Technology Development of the Research and Development in This Project:

 

As
Party A is in the world’s leading edge of the blockchain technology, and Party C’s alliance members including its
experts and scholars are leaders in the industry, this project is considered reaching the international standards. Party A is
expected to provide Party B with technology upgrading services, so as to keep this project in the world’s leading edge.

 

4.
Total investment: 7 million RMB (¥7,000,000)

 

The
investment consists of three phases, including nine periods.

 

Phase
I: The Blockchain Tracking System 2018. The time frame shall be August 2018 to July 2019.

 

Project
Standards: Based on the blockchain distributed ledger, and smart contracts, an alliance chain tracking system shall be established
for the monitoring and control of safety and quality of the organic whole wheat brewing process with time stamps, so that consumers
have full access to the information, enabling the interactions between the brewery and its consumers, thus creating the first
a beer of consumers’ own!

 

    	 

    	 

    

 

Period
1. Project due diligence and structural design. The time frame shall be from January 2019 to December 2019.

 

Party
B shall pay ¥400,000 to Party A within seven days

 

Party
A will have its project team on site of Party B’s to conduct a due diligence inspection to fully understand the organic
whole wheat beer in terms of its quality standard, safety and control process, the upstream and downstream of the full supply
chain, logistics, and market distribution channels, transitioning brewery needs into a blockchain language. The project structural
design shall be completed. This job shall be completed within 60 days upon receipt of payment. Upon reaching a consensus with
Party B, the project shall enter its Period 2.

 

Period
2. The building of the project technology system. Timeframe: November to December 2018.

 

A
consensus based on the achievement of Period 1, Party A shall start the building of the project technology system and complete
it within 60 days. Party B shall make a second payment in the amount of ¥300,000 by 12/31/2018. Upon receipt of the said
payment, Party A’s project team and training staff shall be on site at Party B’s locations to prepare the system construction,
installation, and related training.

 

Period
3. Project installation, training, and post-sale service. Timeframe: January to July, 2019.

 

The
project team shall be on site at Party B’s to conduct installation, and technical training on January 5, 2019. The installation
shall take 10 days, and the training 5 days. The project shall then provide Class One service for one year, Class Two service
for five times, Class Three service for two times. Upon completion of the project, Party A and Party B shall finish a handover
process, and Party B shall pay the balance in this phase of ¥300,000 to Party A by 7/31/2019.

 

    	 

    	 

    

 

Phase
II. The Blockchain Super System 2019, ¥300,000. Timeframe January 2019 to December 2019.

 

Project
Standards: Combined with the ERP system, the blockchain technology shall upgrade Party B’s quality, safety, and management
standards for the brewing of the organic whole wheat beers. Specifically, to make Party B a top notch brewery in China’s
brewing industry, or even a worldwide reputed enterprise in terms of six dimensions, namely, enterprise cashflow management, a
full industry chain, information access, logistics, human resources, and the cultural branding, making it a model enterprise applying
the blockchain technology for the industry.

 

Period
1. Project due diligence, and structural design. Timeframe: January to March 2019.

 

Period
2.The design and building of the project technology system. Timeframe: April to July, 2019. Party B shall pay Party A the first
period payment of ¥1,000,000 in April.

 

Period
3. Project installation, training, and post-sale service. Timeframe: August, 2019 to December 2019, Party B shall make the second
period payment in the amount of ¥1,500,000 to Party A in August.

 

Upon
check up and handover of the Blockchain Super System 2019 between Party A and Party B, Party B shall pay Party A the period balance
of ¥500,000.

 

    	 

    	 

    

 

Phase
III: Blockchain Intelligent System 2020. The time frame shall be from January 2020 to December 2020.

 

Project
Standards: Smart development of the enterprise. It is the direction and mega trend in the next ten years to build smart enterprise.
The combination of the blockchain technology and other modern technologies such as the artificial intelligence shall bring hope
and feasibility for such goals. The core of the Blockchain Intelligent System 2020 is the blockchain technology, incorporating
other high techs such as the artificial intelligence (“AI”), the augmented reality (“AR”), the virtual
reality (“VR”), Internet of Things (“IoT”), robotics, 3D printing and drones. Smart enterprises are thus
created.

 

Period
1. Due diligence and structural design. Timeframe: January to April 2020. Party B shall make the first period payment of ¥1,500,000
to Party A in April.

 

Period
2. The design and building of the project technology system. Timeframe: May to August, 2020. Party B shall pay Party A the
second period payment of ¥1,000,000 in August.

 

Period
3. Project installation, training, and post-sale service. Timeframe: September, 2020 to December 2020, Party B shall make
the third period payment in the amount of ¥500,000 to Party A in by 12/31/2020.

 

    	 

    	 

    

 

5.
Confidentiality Clause

 

Party
A and Party B (the “Parties”) are obligated to keep confidentiality to the technology material in the contract within
the valid period of the contract.

 

The
Parties shall, within three years upon completion of the contract, undertake the obligation of confidentiality to the
following technology data: The Blockchain Tracking System 2018, The Blockchain Super System 2019, The Blockchain Intelligent
System 2020.

 

6.
Liabilities of the Contract Breach:

 

		(1)	In
                                         case either party defaults in its obligation pursuant to the contract, resulting in delay,
                                         suspension, or failure in the research and development of the contract, the liable Party
                                         shall pay a breach penalty to the other Party in an amount equal to 5% of the contract
                                         amount;
	 	 	 
		(2)	In
                                         case of nonfeasance or failure to fulfill its obligation in the contract by either party,
                                         the liable party shall pay a penalty to the other party in an amount equal to 5% of the
                                         contract investment;
	 	 	 
		(3)	Either
                                         party that violates its responsibility of confidentiality, the liable party shall pay
                                         a penalty to the other party in an amount equal to 5% of the contract investment and
                                         pay for damage if such violation results in a damage.

 

7.
Intellectual Property Ownership and Sharing

 

All
research and development achievement and intellectual properties from the project under this contract belongs to Party B (limited
to Phase I):

 

		(1)	In
                                         case Party B transfers the intellectual property, Party A has the preemptive right;
	 	 	 
		(2)	Party
                                         A as the principal entity of the project research and development has the right of authorship.

 

    	 

    	 

    

 

8.
Risk Sharing by Both Parties in the Contract Cooperative Development

 

In
the course of executing this contract, if failure or partial failure occurs due to insurmountable technical difficulties, Party
A shall take responsibility. However, if such failure or partial failure is due to Party B’s insufficient cooperation, Party
B shall take the responsibility.

 

9.
After confirmation to the cooperation and the signing of this contract, Party A is willing to cooperate and provide its ideas
with respect to Party B’s intention to go public, and provide going public planning for discussion between the both Parties.

 

10.
Solutions to disputes that arise out of the contract. In the course of executing this contract, if disputes arise between
the Parties, a friendly negotiation shall be resorted. If such disputes fail to be so resolved, the Parties shall seek a solution
from Beijing International Arbitration Center.

 

11.Party
C is responsible for technology support and project appraisal.

 

    	 

    	 

    

 

  This
Contract is executed in triplicate, effective from the date of signature and seal of the parties.

 

	Party
    A:	UBI
Hong Kong Blockchain Internet Ltd. (UBIHK)
	 	 
	Signed:
    	/s/ Tony Liu 	(Seal)
	 	 
	Date:	8/26/2018
	 	 
	Location:	Harbin

 

	Party
    B:	Heilongjiang
    Province TongFangZhuoXin Brewing Co., Ltd.
	 	 
	Signed:
    	/s/
    Yuting     Zhou 	(Seal)
	 	 
	Date:	8/26/2018
	 	 
	Location:	Harbin

 

	Party
    C: 	Global Blockchain Cooperation Alliance (“GBCA”)
	 	 
	Signed:
    	/s/
    Tony Liu 	(Seal)
	 	 
	Date:	8/26/2018
	 	 
	Location:	HarbinExhibit
10.6

 

Contract
to Implement International Management System for Madieer Hotel Group

with
the Application of the Blockchain Technology

 

Party
A: UBI Hong Kong Blockchain Internet Ltd (“UBIHK)

 

Legal
representative or person in charge: Tony Liu

 

Location:
Cyberport in Hong Kong

 

Party
B: Harbin Madieer Hotel Group Co., Ltd.

 

Legal
representative or person in charge: Ruiqiang Liu

 

Location:
District, Harbin

 

Under
the relevant rules and regulations of “Contract Law of the People’s Republic of China”, the above parties have
reached a consensus to sign this contract within the meaning of a prior signed strategic framework agreement.

 

		1.	Title
                                         of the Project: Implementation of International Management System Based on Blockchain
                                         Technology for Madieer Hotel Group.
	 	 	 
		2.	The
                                         Current Status, Reality and Trends Domestically and Abroad for Technology Development
                                         Like This Project:

 

Since
its birth in 2009, the blockchain technology started to be gradually highly valued by 2014. The first year in which the technology
started to be officially implemented in commerce and industry is 2018. As the blockchain is a disruptive technology that affects
the work and life of human beings, it has a wide range of applications and vast potentials in the future, and it will be an era
of the blockchain in the coming decade or even longer in the time to come!

 

    	 

    	 

    

 

3.
This is the technical level of the development achievement should reach:

 

As
Party A is in the world’s leading edge of the blockchain technology, this project is considered reaching the international
standards. In view of the continuous development of the blockchain technology, Party A is expected to provide Party B with technology
upgrading services, so as to keep this project in the world’s leading edge.

 

4.
The Project Falls into Three Phases:

 

Phase
I: The Blockchain Tracking System 2018. The time frame shall be August 2018 to July 2019.

 

Project
Standards: Based on the blockchain distributed ledger, and smart contracts, an alliance chain shall be established for the
monitoring and control of safety and quality of the hotel management process including raw material logistics, up to customer
service. The whole process can be tracked with its time stamps so that customers staying in the hotel will feel like at home,
making the first hotel with transparent management that will have traveler feeling like staying at their own home!

 

Phase
II: The Blockchain Super System 2019. The time frame shall be from January 2019 to December 2019.

 

Project
Standards: Combined with the ERP system, the blockchain technology shall upgrade Party B’s quality, safety, and management
standards for the hotels from multiple dimensions. Specifically, to make Party B a top notch hotel group in China’s hotel
industry, or even a worldwide reputed enterprise in terms of six dimensions, namely, hotel cashflow management, a full supply
chain, information access, logistics, human resources, and the cultural branding.

 

    	 

    	 

    

 

Phase
III: Blockchain Intelligent System 2020. The time frame shall be from January 2020 to December 2020.

 

Project
Standards: Smart development of the hotels. It is the direction and mega trend in the next ten years to build smart hotels.
The combination of the blockchain technology and other modern technologies such as the artificial intelligence shall bring hope
and feasibility for such goals. The core of the Blockchain Intelligent System 2020 is the blockchain technology, incorporating
other high techs such as the artificial intelligence (“AI”), the augmented reality (“AR”), the virtual
reality (“VR”), Internet of Things (“IoT”), robotics, 3D printing and drones. Smart hotels are thus created.

 

5.
The Terms of the Contract: Investment of one million RMB (¥1,000,000) for Phase I., i.e. for the Blockchain Tracking
System 2018.

 

6.
Development and Payment for Phase I.

 

Period
1. Project due diligence and structural design. Time frame: from September – October, 2018.

 

Party
B shall pay ¥400,000 RMB to Party A within seven days upon signing of the contract. Party A’s project team shall
be on site at Party B’s locations to do research and inspection, in order to fully understand Madieer Group’s needs
in improving management standards, the key requirements of quality and safety control, the upstream and downstream supply chain,
logistics, customer market and channels, so that the blockchain language can be translated into a system to satisfy hotel service
needs. A structural design shall be completed. The work for this period shall be completed within 60 days after payment is received.
The next period of work shall be started after a consensus between the Parties is reached.

 

    	 

    	 

    

 

Period
2. The design and building of the designed technology system. Time frame shall be from November to December, 2018.

 

The
phase of work results after mutual agreement, party A began the project technical system design and construction Work to complete.
Before December, 2018, party B shall make a second payment of ¥300,000 to Party A. After the second payment is received
by party A, the project team and the training personnel shall work on the system installation, fine tuning, and operation training
for Party B.

 

Period
3. Project installation, training and post installation service. Time: January to July, 2019.

 

January
5, 2019 the Project Team will arrive at Party B’s location for on-site installation, and technical training. It takes 20
days to complete the Installation work, and 7 days for training work. Project Team to provide Party with one-year Level 1 Service,
5 times Level 2 Service, and twice Level 3 Service. Upon completion of the Project, Party A and Party B has finished Project turn
over, Party B shall pay¥300,000 of the balance of the Project to Party A before July 31, 2019.

 

7.
Confidentiality Clause 

 

Party
A and Party B (the “Parties”) are obligated to keep confidentiality to the technology material in the contract within
the valid period of the contract.

 

The
Parties shall, within three years upon completion of the contract, undertake the obligation of confidentiality to the
following technology data: The Blockchain Tracking System 2018, The Blockchain Super System 2019, The Blockchain Intelligent
System 2020.

 

    	 

    	 

    

 

8.
Liabilities of the Contract Breach:

 

		(1)	In
                                         case either party defaults in its obligation pursuant to the contract, resulting in delay,
                                         suspension, or failure in the research and development of the contract, the liable Party
                                         shall pay a breach penalty to the other Party in an amount equal to 5% of the contract
                                         amount;
	 	 	 
		(2)	In
                                         case of nonfeasance or failure to fulfill its obligation in the contract by either party,
                                         the liable party shall pay a penalty to the other party in an amount equal to 5% of the
                                         contract investment;
	 	 	 
		(3)	Either
                                         party that violates its responsibility of confidentiality, the liable party shall pay
                                         a penalty to the other party in an amount equal to 5% of the contract investment and
                                         pay for damage if such violation results in a damage.

 

10.Risk
Sharing by Both Parties in the Contract Cooperative Development 

 

In
the process a fulfilling this cooperative development contract, if insurmountable technical difficulties arises from Party A causing
the failure or partial failure in the research and development, such risk responsibility shall be born by Party A, which shall
refund the fee received for such research and development. If the failure or partial failure in the research and development is
caused by Party B’s inability to cooperate up to what is required, Party B shall bear the risk responsibility, and therefore
the fee paid to Party A shall not be refunded.

 

11.
With respect to the second system, the Block Chain Super System 2019 and the third system, the Block Chain Intelligent System
2020, Party A and Party B will negotiate and sign a supplemental agreement to define the next steps after an evaluation of the
performance of first project, the Blockchain Tracking System 2018, based on its completed implementation. 

 

    	 

    	 

    

 

12.
Both Parties hereto confirm this cooperation and sign the Contract, Party A are willing to cooperate and provide its opinions
regarding Party B’s public listing, and provide listing plan for the both Parties to discuss.

 

13.Solutions
to disputes on the contract. In the process of executing this contract, in case of disputes, Party A and Party B shall resolve
through amicable negotiation. If a consensus cannot be reached, then the dispute(s) may be submitted to Beijing International
Arbitration Agency or a People’s Court at Party B’s location for a resolution.

 

14.Explanations
of nouns and terms

 

This
Contract is executed in triplicate, effective from the date of signature and seal of the parties.

 

	Party A:	UBI Hong Kong Blockchain Internet Ltd.(UBIHK) 
	 	 
	Signed: 	/s/ Tony Liu	(Seal)
	 	 
	Date:	8/26/2018
	 	 
	Location:	Harbin
	 	 
	Party B: 	Harbin Madieer Group Co., Ltd.
	 	 
	Signed: 	/s/ Ruiqiang Liu	(Seal)
	 	 
	Date:	8/26/2018
	 	 
	Location:	Harbin

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