Tribe Accelerator, Singapore’s first government-supported blockchain accelerator, disclosed that it is developing a platform to gather all blockchain projects in the country in one place under the OpenNodes project.
According to a report by Ledger Insights, Tribe Accelerator said OpenNodes will enable blockchain firms, corporates, and government agencies to access and contribute to a unified database on Singapore’s blockchain ecosystem.
Apart from the funding it receives from the Singapore government, the accelerator has also been bankrolled by the Infocomm Media Development Authority of Singapore (IMDA) for this latest project.
“This platform will bring the key stakeholders of the blockchain ecosystem closer together, consolidating efforts towards mass adoption,” said Philip Heah, Assistant Chief Executive of IMDA’s Technology Infrastructure Group.
With this initiative, OpenNodes is expected to encourage more collaboration between developers in the country and beyond. Ryan Chew, Managing Partner of Tribe Accelerator, added that OpenNodes is expected to drive more blockchain adoption and new projects.
“We want this platform to serve as an accessible common ground for blockchain special interest groups and business ecosystems to come together, and advance blockchain adoption,” Chew said. OpenNodes is scheduled to be launched later this year.
The accelerator has been proactively encouraging collaboration between blockchain startups while promoting the technology’s implementation among mainstream users.
Since the beginning of the year, it has entered into partnerships with corporations, such as Intel, BMW, and Nielsen, to share the knowledge of multinational corporations with startups including Chorus Mobility, TEMCO, and SgCarMart.
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