page contents
USA Real Estate Blog

IMDA Frames Seed Money To Boost Blockchain Adoption By Enterprises | #VentureCanvas

0 11


Qadir AK | CoinPedia


IMDA frames seed money to boost blockchain adoption by enterprises
  • Facebook
  • Twitter
  • StumbleUpon
  • Pinterest
  • LinkedIn
  • Google+
  • reddit
  • Tumblr
  • Gmail

The Infocomm Media Development Authority (IMDA) frames seed funding to develop blockchain platforms. These blockchain platforms connect special interest groups, solution providers and other related services providers.

This blockchain platform incorporates guide for enterprises that adopt blockchain. The guide includes a directory listing, Singapore blockchain community that allows concerned companies to communicate with other parties. Finally, the blockchain platform should connect with other blockchain communities like those in China and Silicon Valley.

IMDA blockchain adoption by enterprises
  • Facebook
  • Twitter
  • StumbleUpon
  • Pinterest
  • LinkedIn
  • Google+
  • reddit
  • Tumblr
  • Gmail

On Thursday, the press releases about blockchain’s nascent state and lack of large-scale successful cases. That it is outside the Fintech sector has hampered mainstream adoption. The end user companies have business models that guide on working together using blockchain. Moreover, the press release states, 

This has resulted in the industry showing signs of siloed. Specialized blockchain solutions rather than interoperable network blockchains, which would deliver the most benefit to users.

IMDA handles various Blockchain Challenges

There is another Blockchain Challenge that IMDA launches. This Blockchain Challenge invites proposals that offer solutions to the business challenges, using distributed ledger technology. These proposals need to have one or more collaboration partners so that it generates a working plot prototype.

In the case of second blockchain challenges, invites are sent to businesses to submit proposals on how to innovate operational efficiency or business model for Wireless@SG programme. The proposals aim at IMDA as the programme owner or any of the Wireless@SG operators participating in this initiative – M1, MyRepublic and Singtel.

Share your thoughts about this decision taken by IDMA in our comment section. Follow us on Social Media- TwitterTelegramLinkedinInstagramFacebook

The post IMDA Frames Seed Money To Boost Blockchain Adoption By Enterprises appeared first on Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide.

Continue reading …


Source: IMDA Frames Seed Money To Boost Blockchain Adoption By Enterprises



قالب وردپرس

You might also like

Leave A Reply

Your email address will not be published.

Pin It on Pinterest

Share This

Share this post with your friends!