IBM to open first blockchain innovation centre in Singapore

IBM to open first blockchain innovation centre in Singapore

The IBM logo is seen outside the company's offices in Petah Tikva, near Tel Aviv October 24, 2011. REUTERS/Nir Elias/Files

IBM plans to open a blockchain innovation centre in Singapore in collaboration with the government, as the city-state strives to become Asia’s main financial technology hub.

The tech giant will be working with the main economic planning agency, the Singapore Economic Development Board (EDB), and the Monetary Authority of Singapore (MAS) to accelerate blockchain adoption for finance and trade.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter