Blockchain Accelerator Tribe Partners With BMW, Intel And Nielsen

Blockchain, News | March 27, 2019 By:

Tribe Accelerator, a Singaporean government-backed blockchain accelerator, has partnered with BMW Group Asia, Intel and Nielsen for knowledge sharing at the accelerator’s organized industry engagements.

Launched by venture capital firm TRIVE, Tribe Accelerator is the first Singapore government supported blockchain accelerator, championing to be a neutral platform in driving collaboration and growth of the blockchain ecosystem. It aims to provide promising startups a hyperconnected platform to develop innovative solutions together with its network of global corporations, government agencies and major blockchain companies.

As part of the agreement, BMW Group Asia, Intel and Nielsen will share their knowledge at the accelerator’s organized industry engagements, including a global demo tour covering Singapore, Seoul, San Francisco, and Shanghai.

BMW will share best practices around innovation, insights in the mobility industry and how to utilize blockchain for the mass market via masterclasses and dedicated mentoring sessions.

“As part of the Tribe Accelerator program, we hope to extend this collaboration network into Asia, engage with other forward thinking organizations, and learn from some of the brightest minds in the blockchain start-up scene in Singapore,” said Dr. Carsten Sepia, VP Group IT, BMW Group Asia. “After this program we hope we can help each of these startups develop their proof-of-concepts and reach the next stage of their development.”

Nielsen will provide “a sandbox with the objective of providing participants with a safe, controlled environment to test new technologies and accelerate the adoption of their solutions,” while Intel will help startups to use its own blockchain technologies, in addition to providing business and technical mentorship.

“Intel technologies like Intel Xeon Scalable processors and Intel SGX can help improve privacy, security, and scalability of blockchain solutions,” said Intel’s blockchain program director Michael Reed.

Ryan Chew, managing partner of Tribe Accelerator, said that they have a vision of how the technology as an enabler of cross-sector innovation with transformative potential can be beneficial in the everyday lives of people.

“To move forward as a society, we need to encourage experimentation, and once the benefits of blockchain technology become evident, mainstream adoption will undoubtedly follow,” Chew said.