Singapore’s Tribe Accelerator Cuts deal with ConsenSys to Advance Blockchain Ecosystem

Strategic partnership will include initiatives to further the local blockchain ecosystem.

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Tribe Accelerator has just signed a Memorandum of Understanding (MOU) with global blockchain powerhouse ConsenSys – which sets out plans to undertake initiatives and activities to further the blockchain ecosystem in Singapore.

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“At the heart of our mission in Singapore is an engagement strategy encompassing government, enterprise, startup and grassroots communities. ConsenSys greatly values the opportunity to build for our clients, and build with our partners – across Singapore and the ASEAN region. We are pleased to reinforce our commitment to this truly unique ecosystem via our partnership with Tribe, under the stewardship of Enterprise Singapore,” said Vinay Mohan, ConsenSys Singapore Managing Director.

Tribe is the first Singapore government-supported blockchain accelerator advocating the growth of later-stage startups by providing them with a hyperconnected platform to develop innovative products and drive the adoption of blockchain solutions in the mass market.

ConsenSys is the leading blockchain consultancy and venture development studio behind the infrastructure, applications and knowledge that pioneers much of the world’s blockchain development. Alongside various enterprise and community engagements, ConsenSys also previously helped delivered key outcomes at Project Ubin under the sponsorship of the Monetary Authority of Singapore (MAS), and is partnering SGX-backed global capital platform CapBridge to launch a digital exchange on the blockchain.

The partnership will see both parties provide and exchange complementary resources and capabilities. ConsenSys will provide mentoring to the accelerator program and consultation sessions with startups. Tribe’s fast-growing international network of government, corporate, and entrepreneurial partners, such as Enterprise Singapore, and PwC Singapore, will provide a wide mesh of coverage to reach and connect startups.

With a focus on helping start-ups develop products and service solutions that have real-world applicability and impact, the technical partnership with ConsenSys has the potential to serve as the foundation for new systems that are more efficient and accessible.

“With the world moving rapidly towards Industry 4.0, a partner like ConsenSys will be very beneficial as we look to drive widespread adoption of blockchain technology across Asia, and the world,” said Yi Ming Ng, Managing Partner at Tribe Accelerator.

“We are very pleased to announce our first MOU in Singapore. With a vibrant startup culture and bolstered by a supportive government championing new and emerging technology, the local blockchain scene continues to generate excitement around the world,” said Joseph Lubin, founder of ConsenSys and co-creator of Ethereum. “Our Singapore office has been committed to bringing the best of blockchain and Ethereum to the region for a couple of years, and now through joining hands with Tribe Accelerator, this partnership will be a valuable channel for expertise sharing that helps guide the next generation of startup innovation and support the advancement of our ecosystem.”

Tribe Accelerator is the First Blockchain Accelerator Supported by a Singapore Government Agency. Tribe Accelerator is a product development focused blockchain accelerator that aims to provide promising startups with a hyperconnected platform to develop and implement their solutions through our network of partners worldwide. Through the program, startups will gain access to both top-tier blockchain resources and corporate partners to scale their businesses efficiently. Tribe Accelerator collaborates with leaders across multiple industries to provide best-in-class support for our startups.

For more information on Tribe Accelerator, please see https://www.tribeaccelerator.c

ConsenSys is a global formation of technologists and entrepreneurs building the infrastructure, applications, and practices that enable a decentralized world. At the core, ConsenSys is a venture production studio and blockchain software development consultancy creating decentralized applications (dApps), enterprise solutions and developer tools for blockchain ecosystems, focused primarily on Ethereum. Powered by smart contracts and secured through encryption, our solutions provide the benefits of transparency, auditability, and immutability that are unique to blockchain-based solutions.

For more information please visit: https://consensys.net

This article is protected by international copyright laws and is owned by Blockchain News.

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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