Tuesday, October 26, 2021
HomeNewsBMW and Intel Collaborates With Tribe, Singapore Government-Backed Blockchain Accelerator

BMW and Intel Collaborates With Tribe, Singapore Government-Backed Blockchain Accelerator

“We hope we can help each of these startups develop their proof-of-concepts and reach the next stage of their development.” 

Similarly, Intel Corporation will offer business and technical mentorship to the startup. Intel’s blockchain program director Michael Reed, added:

“Intel technologies like Intel Xeon Scalable processors and Intel SGX can help improve privacy, security, and scalability of blockchain solutions.”

As for Nielsen, it will provide:

a sandbox with the objective of providing participants with a safe, controlled environment to test new technologies and accelerate the adoption of their solutions.”

Ryan Chew, the accelerator managing partner at Tribe stated:

“To move forward as a society, we need to encourage experimentation, and once the benefits of blockchain technology become evident, mainstream adoption will undoubtedly follow.”

In its attempt to further the blockchain ecosystem in Singapore, Tribe partnered with ethereum development studio ConsenSys last months. Last December, Tribe Accelerator was launched by TRIVE Ventures, a venture capital firm in partnership with South Korea’s ICON Foundation and PwC Singapore’s Venture Hub.  A  government agency who is set up to develop the startup ecosystem, Enterprise Singapore is supporting the accelerator.

RELATED ARTICLES

Most Popular