All this sounds like a fairy tale; I know very little about this project but checking their website (https://www.kubitx.io/) and seeing the CEO beings s self professed "Certified Bitcoin Expert." (who/what body the heck certifies Bitcoin experts?
There are also seemingly deliberate "over estimations" of the teams previous works; Like Peihan You: Chief Strategic Officer is noted to be "Former lead of Huawei Technologies Digital Services" when his LinkedIn page actually says he was "Head of Consumer Business Unit @ Huawei Technologies in Nigeria for 10 Months"; Which just means he was Consumer Business Development Manager for Huawei in Nigeria and not Huawei Global as it is deliberately distorted.
Reminds me of the US SEC warning on ICOs : https://www.bloomberg.com/news/articles/2018-05-16/sec-tries-to-scam-ico-investors-to-show-them-how-easy-it-is
Noted, but I disagree, as with any project one must go with their gut feeling on a project. Any argument could be made of any white paper as after all a white paper is nothing more than an idea. We will see how they do