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Government Backed Blockchain Accelerator Partner With BMW, Intel, and Nielsen.

Tribe is a Singapore government-supported blockchain accelerator that was launched last December now partnered with BMW Group Asia, Intel, and Nielsen.

According to a recent report, these three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem “ready for industry 4.0.”

It was reported that one of the partners, BMW Group Asia, will provide “masterclasses” and mentoring sessions on how blockchain solutions can be implemented in a mass market situation.

This was confirmed in a statement made by Carsten Sapia, vice president – group IT and head of the Asia Pacific region, BMW Group Asia said:

We hope we can help each of these startups develop their proof-of-concept and reach the next stage of their development.

Intel Corporation’s contribution to the partnership will be the offering of business and technical mentorship to startups.

Intel’s blockchain program director Michael Reed commented that:

Intel technologies like Intel Xeon Scalable processors and Intel SGX can help improve privacy, security, and scalability of blockchain solutions.

Lastly, Nielsen will provide “a sandbox with the objective of providing participants with a safe, controlled environment to test new technologies and accelerate the adoption of their solutions.”

Tribe Accelerator managing partner Ryan Chew has also said:

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.

This is not a first partnership deal to Tribe because they recently partnered with ethereum development studio ConsenSys. This partnership will help to improve the blockchain ecosystem in Singapore.

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