IBM to Open Blockchain Development Center With Singapore Regulators
IBM expanded its blockchain efforts in Singapore today with news it will open the Center for Blockchain Innovation in partnership with the Singapore government. Coming just week after the company announced it would open a new facility in Singapore for 5,000 computer scientists, today’s news is suggestive of what has been called a high level of support for blockchain technology in the region. Robert Morris, vice-president of Global Labs at IBM Research, said in a statement that advances in cloud services are making the distributed ledger technology more widely accessible in new regions and....
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IBM is set to open the first Centre for Blockchain Innovation in Singapore in a bid to attract more technical talent from the country. Working with the Economic Development Board and Monetary Authority, the Centre aims to bring various technology pilots within the trade and finance industries over the next three years. IBM will also continue building on its work with the Linux Foundation Hyperledger platform. Sopnendu Mohanty, chief FinTech officer of the Monetary Authority of Singapore (MAS) said that the financial sector is ideally placed to play a leading role in Singapore’s vision of....
The world’s largest payments network is expanding its new technology center in India to focus on blockchain technology development for its global endeavors. VISA is going gung-ho on the blockchain technology and is setting up the infrastructure and personnel to push blockchain development, out of a development center in Bangalore, India. The payments giant had 400 engineers at the technology innovation lab at the time of launch in August 2015. At the time, Rajat Taneja, executive vice president for Technology at VISA revealed that the Indian center will jointly work with existing research....
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto Business Authorities in Singapore are taking steps to cement its position as a key player in crypto business, the official who has been at the helm of the Monetary Authority of Singapore (MAS) for a decade has revealed in an interview. It comes as Singapore and other....
Good news from Asia at last: a new body aiming to facilitate Bitcoin’s expansion in Singapore has formally introduced itself to the community this week. The Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS) was formed by various members of the Singapore Bitcoin community to facilitate “an open and clear dialogue between Singapore crytocurrency businesses and the wider public, including regulators,” it was announced in a statement issued today. ACCESS is the first such organization to surface in the Asian Bitcoin space, an area which currently variously contends....
The first-of-kind Blockchain Research and Development center opened in Kiev to establish FinTech and blockchain solutions in the Ukraine as well as worldwide. The center will be working on new technological opportunities and a blockchain project to set up a governance as a service system in Odessa, Ukraine. The Innovecs US business technology outsourcing company has partnered with Michael Chobanyan, founder of the Bitcoin Foundation Ukraine and KUNA Bitcoin Agency, to launch the blockchain R&D center. Michael Chobanyan, Vice-President of Blockchain Solutions and FinTech Practice, explained....