BMW, Intel to Join Forces With Singapore DLT Accelerator

Tribe Accelerator was launched in December 2018 and is supported by Singapore authorities
25 March 2019   273

A Singapore-sponsored blockchain accelerator Tribe has partnered with BMW Group Asia, Intel and Nielsen. It is reported by CoinDesk.

In the framework of cooperation, companies will share their experience with startups developing solutions in the field of DLT technologies.

Thus, the BMW Group Asia will hold a series of master classes on the use of the blockchain under conditions of widespread demand. Intel Corporation will advise start-ups in business and technology development, and Nielsen will provide a sandbox for testing new solutions.

The Tribe Accelerator was launched in December 2018 in collaboration with the South Korean ICON Foundation and the Singapore venture capital firm PwC. Among the projects implemented by the company is the blockchain solutions implementation in cooperation with ConsenSys.

In early March, the Argentine government announced plans to invest in blockchain startups in the early stages of development, which received support from the venture capital unit of Binance.

South Koreans to Invest in Crypto Actively

In addition to the investment amounts, the share of those interested in investing in digital assets also increased
22 April 2019   84

The average amount of investments in cryptocurrency from South Korean invesetprs is $ 6,100, which is 64% more than last year, Cointelegraph reports.

According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto exchange, as well as tougher regulation of the industry.

Analysts connect the market with a recent bitcoin price jump and hope for a new bull rally.

Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.