IMDA puts up seed funding to boost blockchain adoption

Singapore

IN A bid to grow the blockchain ecosystem in Singapore, the Infocomm Media Development Authority (IMDA) is putting up seed funding for industry players to develop platforms that connect blockchain special interest groups, solution providers and other related services providers.

The engagement platform must include guides for enterprises on blockchain adoption. It must also include a directory listing of the Singapore blockchain community, to allow interested companies to reach out to engage with other parties.