• Sun, Jan 20, 2019 03:02 AM
  • All times are UTC
  • Edition:
    International
Link copied

New York City Economic Development Corporation opens blockchain center

Jan 11, 2019 03:43 am UTC

The New York City Economic Development Corporation (NYCEDC) has opened a blockchain center in Manhattan, Bloomberg reported.

The NYCEDC first revealed its plans to launch a resource centre in May 2018. It said at the time that it aims to position New York City as an accessible center for blockchain innovation.

The newly-launched 4,000-square-foot center is located in the Flatiron District. With blockchain education as one of the primary focus areas, it will offer coding and software development classes.

“We are playing the long game,” Ana Arino, chief strategy officer at the EDC, told Bloomberg. “It’s a nascent technology, so there’s bound to be uncertainty around this evolution from year to year. While we don’t know what the future holds, we want to make sure we have a seat at the table shaping it.”

The NYCEDC opened the center in partnership with affiliates of venture-capital fund Future\Perfect Ventures and the Global Blockchain Business Council. The city is providing an initial one-time investment of $100,000 to the initiative.

In addition, the operators will also seek to raise funds through membership fees and corporate partners, which includes the likes of Microsoft and IBM, Jalak Jobanputra, managing partner at Future\Perfect Ventures said.

New York could also start a blockchain trial in the fall, the report said.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $3,735.04 (+1.86%)
  • XRP (XRP) $0.331000 (+1.28%)
  • Ethereum (ETH) $124.34 (+2.10%)
  • Bitcoin Cash (BCH) $130.31 (+1.16%)
  • EOS (EOS) $2.48 (+0.35%)
  • Bitcoin (BTC) $3,735.04 (+1.86%)
Jan 18, 2019 (Friday)
11:26
Former Governor of Banque De France joins board of blockchain startup SETL
10:26
SAP launches blockchain solution to track pharmaceutical drugs
07:22
Crypto exchange Coinbase acquires Blockspring
06:37
ConsenSys co-founder Joseph Lubin joins crypto futures platform ErisX’s board
05:22
SEAT joins Spanish blockchain consortium Alastria
04:20
LG CNS joins Enterprise Ethereum Alliance
03:46
Grayscale launches investment trust for Stellar Lumens
Jan 17, 2019 (Thursday)
12:04
Wyoming lawmakers introduce bill to allow issuance of tokenized stock certificates
10:57
NGA Human Resources seeks to bring blockchain technology to HR & payroll processes
10:07
WWF unveils blockchain-based food provenance platform ‘OpenSC’
08:53
ABCC becomes first crypto exchange to add support for TRON’s TRC-10 tokens
07:16
South Korea’s Financial Services Commission to launch fintech sandbox in April
06:38
BitGo simplifies crypto trading for institutional clients via Genesis partnership
05:08
UPS’ venture arm invests in blockchain-based e-commerce startup Inxeption
04:08
Crypto exchange Binance enters European markets with new Jersey-based exchange
03:39
Blockchain firm R3 announces Corda Network and new governing foundation
Jan 16, 2019 (Wednesday)
11:52
Oil majors Chevron and Total join blockchain platform for energy commodity trading ‘Vakt’
10:45
Gibraltar Blockchain Exchange adds support for EOS on GBX-DAX
10:21
Blockchain startup Bitfury launches music division ‘Bitfury Surround’
09:34
Dubai telecom company du to develop blockchain solution for patient safety
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft