33.4 C
Sunday, March 3, 2024
Home Technology Blockchain Singapore Government Agencies to Launch a Blockchain Technology Programme with $12 Million...

Singapore Government Agencies to Launch a Blockchain Technology Programme with $12 Million in Funding

The Enterprise Singapore, Infocomm Media Development Authority and the National Research Foundation Singapore have collaborated to launch a new research programme called The Singapore Blockchain Innovation Programme (SBIP) for blockchain technology with SG$12 million in funding. This project is also supported by the Monetary Authority of Singapore, the country’s central bank and financial regulator.

The funding for the SBIP will come from the National Research Foundation and will be used for developing, commercialising and encouraging companies to adopt blockchain technology in trade, logistics and supply chain. 

Full details on:


DISCLAIMER: SGBusinessTalk website, its article contents and opinions is for research purposes and entertainment only. At no point should the content here be taken as financial advice. You are yourself responsible for any and all investment and trading decisions. This article IS NOT a financial advice. You can lose all your money in cryptocurrency. Do not invest if you fear to lose income. SGBusinessTalk is reader-supported. When you buy through links on our site, we may earn an affiliate commission.
- Advertisment -

Most Popular

Entrepreneur Talk – Jeffrey Tan

Entrepreneurship often begins with a spark of passion and a vision for creating something unique. In this interview, we delve into the journey of...

How a Legal Victory for XRP Boosted Crypto Market Confidence

The crypto market has been on a roller coaster ride in the past year, with prices plummeting due to regulatory crackdowns, legal battles and...

Why Temasek is backing away from crypto-related companies

Singapore’s state-owned investment giant Temasek has recently announced that it is dropping its plans to invest in crypto exchanges, citing regulatory uncertainties and market...

Entrepreneur Talk – Kenwyn

Some of the best businesses are started out of a hobby, and that's what has happened for Kenwyn. Read on to find out more about...