Singapore government arms, including Enterprise Singapore, Infocomm Media Development Authority and National Research Foundation, have launched a S$12 million ($8.9 million) programme to strengthen the country’s blockchain ecosystem, according to a press statement on Monday.
Funded by NRF, the ecosystem is called Singapore Blockchain Innovation Program (SBIP) and it aims to align blockchain technology research with the needs of the industry — to facilitate the development, commercialisation and adoption of wider real-world applications.
