Blockchain Research Development Planned for National University of Singapore and CJT Tech Firm


Blockchain technology is becoming even more important to understand apart from cryptocurrency. This interest around the world is pushing various tech firms and other researchers to learn more about the extent that this technology can be implemented. The National University of Singapore (NUS) has recently decided to partner with Chongqing Jinwowo Technologies (CJT) to pursue this type of research.

CJT, a tech company that is based in China, will be aiding in the research performed by NUS. Furthermore, their information collected will include both big data and artificial intelligence. Pang Yan, a professor at the NUS’ School of Business and Computer Science and director of its Commercial Big Data Analysis Center, spoke with Chinese news outlet People’s Daily Online, saying,

“This strategic cooperation will work within big data, artificial intelligence, blockchain technology, etc.”

The collaboration is part of a major seminar for blockchain and big data, which is being held in Chongqing in Sichuan Province. At the seminar, the Chongqing Blockchain Industry Innovation Alliance’s charter was officially presented as well, which is the entity responsible for creating the area’s first blockchain association. NUS plans to take on a technical role in their deal with CJT, which will help with the issues found in the tech company’s tools.

Other developments in the country include the recent launch of the Blockchain Research Center with Fuden University, and a corporate partnership between Microsoft and Telefonica involving blockchain and AI tools.

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