BCB Blockchain Enters Partnership with Tech Incubators on Smart City Projects

Asia Blockchain Review
June 28, 2019

Singapore-based Building Cities Beyond (BCB) Blockchain has inked an agreement with two leading technology business incubators, QBO Innovation Hub and Animo Labs, to build a blockchain ecosystem for smart city projects in the Philippines, according to a June 7th report by GMA News.

Agreement to Unlock Funding for Blockchain Startups 

The Memorandum of Understanding (MOU) was signed by BCB Blockchain with the two incubators to reach out and engage researchers, startups, and community members to use the Building Cities Beyond platform and its technologies to create smart city projects and applications.

Douglas Gan, co-founder and CEO of BCB Blockchain, revealed that the collaboration would provide funding access for blockchain-based startups.

“In this partnership with QBO and Animo Labs, we will provide a platform and access to funding for startups interested in developing blockchain technologies,” Gan said.

Blockchain Platform for Smart City Projects 

The MOU signified the parties’ commitment to work closely in critical areas, including co-incubation of projects, research and development, seminars and training, promotional activities, competitions and hackathons, and collaborative endeavors for smart city and blockchain development.

According to Federico Gonzales, Executive Director of Animo Labs, the platform will provide access to a wide range of educational institutions to help build and promote the growth of blockchain for smart city solutions.

Katrina Rausa Chan, Director of QBO Innovation Hub, underlined the important role of blockchain in smart city development.

“We believe that blockchain will play a crucial role in the development of smart cities with an increasing number of people living in urban areas. We are pleased to work closely with BCB and establishing their BCB Blockchain platform and technology in QBO hub to create the next generation of smart city applications,” Chan said.

Source: www.gmanetwork.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

    Related Article
    Covid-19 is A Wake Up Call: Infinity Blockchain Labs Taiwan Explains
    Get more insights on the bandwagon of adapting towards the future technology of transparency to trac...

    May 29, 2020

    Transparency and Traceability of the Future Technology
    ABR recently had a chat with Steve Nam, the Managing Director of WOWTRACE on authenticity and transp...

    May 29, 2020

    Vottun Takes The Road Less Travelled
    We got to catch up with Rohan Hall, Founder/CTO/CEO Vottun USA, to share his thoughts on his firm’s ...

    May 28, 2020

    MAHSA University on Blockchain: Exclusive Interview with Dr Saad Musbah
    ABR recently spoke to the Head of Student Central and Senior Lecturer at MAHSA University, Dr. Saad ...

    May 27, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us