Singapore-based blockchain agency BCB Blockchain has signed a memoranda of settlement (MoA) with a department of the Philippines’ Department of Science and Technology (DOST) to assist the event of native good cities.

Per a Nov. 23 press launch, BCB Blockchain contributed $300,000 to assist incubators and inauguration accelerators inside the Philippines by sign language an MoA with the Philippine Council for Industry, Energy, and Emerging Technology Research and Development (PCIEETRD).

Building good cities and purposes

The joint initiative intends to facilitate the event of native inaugurations centered on the creation of good metropolis tasks and purposes. Additionally, the corporate has reportedly partnered with a spread of native academic institutions to offer its experience and contributions to analysis and growth, promotional actions, hackathons, cooperative endeavors and different tasks for good metropolis or blockchain growth. Douglas Gan, CEO of BCB Blockchain, declared:

“By providing DOST, universities and TBIs the resources and technical cognition that BCB Blockchain has, we expect them to deepen their competencies in the area of design language and developing applications and projects for smart cities. We will guide and provide them the access to hands-on workshops, funding, materials, events and technical support.”

Philippines embraces rising applied sciences

This summer season, the Department of Information and Communications Technology (DICT) of the Philippines signed an MoA with United States-based blockchain agency Monsoon Blockchain Storage, whereby Monsoon was set to behave as a blockchain guide and advisor to DICT, providing providers resembling cost-benefit and socio-economic analyses concerning blockchain options inside the Philippines.

In the meantime, Philippine Senator Grace Poe declared that native lawmakers shouldn’t be in a rush to cross medium of exchange expertise regulation. Poe said: