BCB Blockchain Collaborates with Philippine Government to Support Local Startups

Alo Kingsley   Nov 26, 2019 09:01

During the 3rd National Technology Business Incubator Summit, BCB Blockchain, a Singapore-based technology firm agreed to join hands with the government of the Philippines to support the development of local startups through creating smart city projects and applications making use of their funds and blockchain protocol.


Through the signing of a memorandum of agreement (MOA) with the Philippine Council for Industry, Energy, and Emerging Technology Research and Development (PCIEETRD), the firm sealed their agreement. Following this, Dr. Enrico C. Paringit, Executive Director, PCIEERD – DOST, had wished that:


“This partnership will ignite the next wave of applications and innovations for the development of sustainable and smart cities."


The report, published on Nov. 23, noted that BCB Blockchain firm has also entered partnerships with a number of universities and startups which include: Adamson University, Holy Angel University, De La Salle University Manila,Far Eastern University, Technological Institute of the Philippines, Batangas State University, Caraga State University, Mindanao State University – Iligan Institute of Technology, Siliman University, QBO Innovation hub, Technological University of the Philippines – Visayas, and University of Southeastern Philippines,


Speaking about the partnerships, Douglas Gan, Chief Executive Officer, BCB Blockchain said;


"By providing DOST, universities and TBIs the resources and technical knowledge that BCB Blockchain has, we expect them to deepen their competencies in the area of designing and developing applications and projects for smart cities. We will guide and provide them the access to hands-on workshops, funding, materials, events and technical support."


Image via Shutterstock

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