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Editing by Nathaniel Cajuday
- International blockchain firm and Bitcoin SV infrastructure developer nChain has announced that it has signed a memorandum of understanding with Ateneo de Manila University.
- The memorandum agreement is expected to add an additional blockchain leadership unit to the university’s course offerings in the second semester of 2023. In addition, ADMU’s Ph.D. students will also receive support from nChain to have access to patented intellectual properties and several grants to help the country’s blockchain research deepen.
- Meanwhile, a blockchain incubator, named Block Dojo, is set to launch in Bataan province. A blockchain incubator is designed to help startup businesses by providing them with office space, advice, and access to potential partners, investors, and customers.
Almost two months after its agreement with the local government of Bataan, international blockchain firm nChain announced two additional milestones this year. The company recently signed a memorandum of understanding (MOU) with Ateneo de Manila University (ADMU), one of the top universities in the country; and an incubator launch called Block Dojo Philippines.
nChain and Ateneo
Aiming to promote and foster blockchain education within the university and define a framework for the future of the Philippines, the partnership between the blockchain firm and ADMU will be led by the university’s research group, the Ateneo Blockchain Laboratory.
“The Ateneo Blockchain Laboratory aims to conduct applied research and development projects focused on the practical applications of blockchain technologies. Ateneo and nChain share a common vision and goal—to advance fintech and blockchain technology while achieving their social impact goals,” a statement read.
The memorandum agreement is expected to add an additional blockchain leadership unit to the university’s course offerings in the second semester of 2023. In addition, ADMU’s Ph.D. students will also receive support from nChain to have access to patented intellectual properties and several grants to help the country’s blockchain research deepen.
“Our collaboration with nChain aims to expand the University’s blockchain programs through education, capacity-building, and research initiatives. Blockchain technology can potentially solve many of our society’s problems. As a research institution, we want to explore the potential of blockchain for the ultimate goal of nation-building,” Christian Pulmano, head of the Ateneo Blockchain Laboratory, stated.
As per nChain, it is committed to supporting and promoting interdisciplinary research and education, as well as a wide range of academic programs in information and communications technology, cryptology, economic theory, and data science, which is why it is collaborating with different educational institutions around the globe.
“Our partnership with the University is the first of a series of educational and training initiatives being rolled out to support the broader government objective to enable blockchain adoption in the Philippines. Concurrently, we deliver seminars on leadership and advanced technical topics for business and government. We aim to highlight blockchain and transition from the Philippines to web3 to the world,” nChain Group Chairman Stefan Matthews cited.
Block Dojo Philippines
According to a press release, the establishment of nChain’s incubator in Bataan, Block Dojo Philippines, is a significant step towards positioning the country as the future blockchain hub in Asia.
“The Dojo has a ‘founder first’ mentality, and our primary goal is to support entrepreneurs in unlocking their potential whilst successfully creating startups that leverage the power of the BSV blockchain,” said James Marchant, Block Dojo Chairman.
While supporting educational institutions in terms of interdisciplinary research, nChain expressed that it is also empowered to support startups, enterprises, and talents through Block Dojo Philippines, which will provide training, education, upskilling, and cross-skilling to homegrown talents and produce a pioneering generation of blockchain companies and professionals in the Philippines.
A blockchain incubator is designed to help startup businesses by providing them with office space, advice, and access to potential partners, investors, and customers.
As per Matthews, the firm’s “investment and commitment to supporting Filipino start-ups and entrepreneurs, aligns with our MOU signed last year with the Provincial Government of Bataan. We are focusing on driving adoption by growing blockchain knowledge, skills, and solutions to allow the Philippines to enable blockchain at all levels and highlight its capabilities to the world.”
Last January, the firm signed a partnership with the provincial government of Bataan to lay the framework for the establishment of a digital platform in the province that is expected to streamline current systems and procedures for government services.
“I am delighted to express my support for nChain’s launch of Block Dojo Philippines. This incubator will provide the necessary training, education, and upskilling to produce a pioneering generation of blockchain companies and professionals in the Philippines,” Bataan Governor Jose Enriquez Garcia III commented.
Accordingly, nChain and the Dojo are set to collaborate with innovative, early-stage start-ups with the aim of eliminating the challenges of starting a company. The partnership is set to deliver a curated 12-week start-up program with access to potential capital, advice, strategy, and skills via nChain’s network of investors, business experts, and partners.
“nChain’s mission is to transform the world from Web2 to Web3… Together with BlockDojo, we are realising that mission by leveraging the value and technology of our world-leading patent portfolio. We’re propelling the Philippines to the forefront of blockchain implementation, to enable greater efficiencies, security and transparency at every level,” nChain Group CEO Christen-Ager Hanssen stated.
This article is published on BitPinas: Bitcoin SV Infrastructure Developer nChain Partners with Ateneo for Blockchain Program
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.