Singapore’s Blockchain Accelerator Tribe Partners With BMW Group Asia, Intel and Nielsen
Tribe- a blockchain accelerator backed by the Government of Singapore is now in partnership with BMW Group Asia, Intel, and Nielsen.
According to Tribe Accelerator, the aim of the partnership with the three conglomerates is to share more knowledge and variable skills in the different field-set on Tribe to create an “inclusive” ecosystem for industry 4.0”
It is worth noting that this engagement includes a demo tour that covers Singapore, Seoul, San Francisco and Shanghai, Tribe stated this on Friday 22nd of March.
Tribe Accelerator is a government-supported blockchain acceleration program and it is one of the multiple ventures of Tribe. However, this blockchain accelerator is based in Singapore and is a motivated Venture Capital. Before this, the accelerator declared the participation of PwC Singapore's Venture Hub and also Enterprise Singapore.
On the other hand, BMW Group Asia is a regional hub that oversees the East Asia region comprising 13 markets including Singapore, Philippines, Indonesia, Vietnam, Brunei, Sri Lanka, etc. The giant company will provide masterclass and mentorships throughout the sessions. Additionally, BMW Group will provide the top insights and share how it makes use of technologies to its brand and how blockchain companies can be injected into the worldwide market for everyone.
The head of the Asia Pacific Region of the BMW Group Asia Carsten Sapia stated:
“We hope we can help each of these startups develop their proof-of-concepts and reach the next stage of their development”
Intel Group will also work hand-in-hand with Tribe to ensure participants know more and utilize blockchain technologies efficiently. In addition, Intel Group will provide technical mentorships amid the partnership.
The director of Intel’s blockchain program Michael Reed stated this concerning the new partnership with Tribe Accelerator:
“Intel technologies like Intel Xeon Scalable processors and Intel SGX can help improve privacy, security, and scalability of blockchain solutions.”
However, Nielsen – on its own part – will offer a “sandbox” to ensure participants have a safe and conducive environment to test and note new technologies and accelerate the use of their own technologies.
Ryan Chew Tribe’sn managing director 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.” He also added that “We are glad that our incoming partners are fully supportive of the work we are doing, the ecosystem we are building, and are sharing their resources to help us achieve this vision.”
Tribe Accelerator ensures networking opportunities for different startup companies with top-notch blockchain companies through its partnerships.
According to the blockchain solution, its monthly Founder’s Nights that it runs is also another branch of its networking that brings people for powerful leadership events in an intimate dinner setting network, thus enabling good discussions with startup firms.
The Accelerator plans to start receiving the applications for the next partners by next month. The company only aims to get more partners as it did with ethereum development studio ConsenSys, Intel, Nielsen, and BMW Group to build an ecosystem that benefits from blockchain technology.