The National University of Singapore will work with a Chinese tech company to research and develop blockchain solutions, the Communist Party of China's official news outlet, People's Daily Online, reported on Feb. 26.
As part of a blockchain and big data seminar held in the city of Chongqing in Sichuan Province, NUS will collaborate with local business Chongqing Jinwowo Technologies on innovations that also include big data and artificial intelligence.
"This strategic cooperation will work within big data, artificial intelligence, blockchain technology, etc," People's Daily quotes professor Pang Yan, professor at the NUS' School of Business and Computer Science and director of its Commercial Big Data Analysis Center, as saying.
The seminar also saw the presentation of the Chongqing Blockchain Industry Innovation Alliance's charter, the entity forming the first blockchain association in the area.
NUS will play a broadly technical role in the CJT deal, reportedly helping resolve issues in new tools with its expertise.
Earlier this month, China's own educational establishment continued its broad investigation into blockchain, with Fuden University opening a dedicated Blockchain Research Center.
On Tuesday, a corporate partnership was announced between Microsoft and Spanish telecoms giant Telefonica, also targeting Blockchain and AI tools.
National University of Singapore and Chinese Tech Firm to Research Blockchain: Report
Published on Feb 27, 2019
by Cointele | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.