singapore 's IMDA to provide seed funding for blockchain entrepreneurs 新加坡资讯媒体发展部将为区块链企业家提供种子基金

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The government of Singapore will offer financial incentives in order to grow the blockchain ecosystem in the country.

According to The Business Times, the Infocomm Media Development Authority (IMDA) which falls under Singapore’s Ministry of Communications and Information will offer seed funding to players in the media and ICT sector. 

This is with a view of incentivizing them to develop platforms which link special interest groups in the blockchain space, solution providers as well as other related groups.

In order to obtain seed funding from the IMDA, the platforms to be developed must meet certain criteria and this includes a capacity to connect with other blockchain communities spread across the globe.

Expanding Beyond Finance

Per the IMDA, blockchain adoption has largely been restricted to the financial sector and there are few, if any, large-scale successful cases that exist outside banking and insurance. 

In IMDA’s view, this has hampered the adoption of blockchain in other sectors due to lack of interoperability.

The IMDA said in a statement:  “This has resulted in the industry showing signs of siloed, specialised blockchain solutions rather than interoperable network blockchains, which would deliver the most benefit to users.”

To reach its goal of becoming a smart nation, Singapore has come up with various other initiatives aimed at boosting the country’s blockchain ecosystem. 

Earlier in the year, the IMDA launched the Blockchain Challenge whose goal is to incentivize firms to develop pioneering solutions that go beyond financial applications using distributed ledger technology.

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新加坡政府将提供资金支助以发展该国的区块链生态系统。据“商业时报”报道,属于新加坡通信和信息部的资讯通信媒体发展局将为媒体和讯息通信技术行业的企业家和参与者提供种子基金。

这是为了鼓励他们去开发新平台,将区块链空间中的特殊利益,解决方案提供给商家以及其他相关群体。为了获得种子资金,待开发的平台必须符合指定的某些标准,这包括与全球的其他区块链社区建立起联系的能力。

扩展财务以外

根据资讯媒体发展部,区块链的采用主要是限于金融行业部门,而且银行和保险之外存在的大规模成功案例很少。 该发展部认为,由于缺乏互用性,协同工作的能力。

这阻碍了其他部门采用区块链。资讯媒体发展部也在一项报道声明中说:“这将导致行业显示出孤立的专业区块链解决方案的迹象,而不是可互操作性的网络区块链,这将为用户带来最大的利益。”

为了实现成为智慧型国家的目标,新加坡提出了方案可以促进该国区块链生态系统的各种举措。今年早些时候,资讯媒体发展部也推出了区块链挑战赛,其目标是激励公司开发超越金融应用的开创性解决方案和使用分布式账本技术。

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