StockWatch
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EDP Services
PartnershipJun 16, 2026, 10:01 AM

Alpha Technology Group Partners Wai Yuen Tong for AI+Blockchain TCM System

AI Summary

Alpha Technology Group Limited (ATGL) announced a strategic partnership with Wai Yuen Tong Medicine Co. Ltd. to launch an innovative AI + Blockchain Traditional Medicine Traceability System. This initiative represents the first commercial deployment of end-to-end blockchain-based medicinal material provenance in the traditional Chinese medicine (TCM) industry. The system aims to restore consumer trust by providing full source traceability, anti-counterfeiting protection, and quality assurance across the supply chain.

Key Highlights

  • Alpha Technology Group (ATGL) partnered with Wai Yuen Tong Medicine Co. Ltd.
  • Launched an AI + Blockchain Traditional Medicine Traceability System for TCM.
  • Marks the first commercial deployment of blockchain provenance in the TCM industry.
  • System provides full source traceability, anti-counterfeiting protection, and quality assurance.
  • Wai Yuen Tong, a 129-year-old TCM institution, is the inaugural adopter.
  • Wai Yuen Tong's 21,000 sq meter GMP-certified facility is the first secured by ATGL's blockchain.