WeBank To Provide FISCO BCOS Blockchain Platform Among Singaporean Universities
WeBank To Provide FISCO BCOS Blockchain Platform Among Singaporean Universities
May 18, 2020
WeBank To Provide FISCO BCOS Blockchain Platform Among Singaporean Universities
WeBank To Provide FISCO BCOS Blockchain Platform Among Singaporean Universities
May 18, 2020

Top digital bank of China, WeBank has partnered with OpenNodes DLT platform by Singapore’s Infocomm Media Development Authority.

WeBank will provide the FISCO BCOS blockchain platform to Singaporean academics to innovate and build on through the new partnership.

The initiative seeks to offer the blockchain platform as an “innovation playground” to Singapore’s student communities to accelerate development in the field of DLT. 

All innovations produced through the FISCO BCOS initiative are made available as open-source, as a requirement for participation in the program The program hopes to stimulate research into blockchain applications in the areas of supply chain and finance. 

The following university are expected to participate in building with the FISCO BCOS platform:

  • Singapore University of Technology and Design
  • Nanyang Technological University
  • Singapore Management University

WeBank executive VP and CIO, Henry Ma said:

“We seek to spur the next-generation talents into building viable solutions using blockchain to serve the general public..Providing this open-source technology as a developer arena will also help us strengthen the stack of our technologies in the process while allowing for better products and services for the general public.”

WeBank and OpenNodes will host workshops and hackathons to drive awareness and engagement with the platform, and support development from the initiative.

ALSO READ :  PayPal Customers To Use Cryptocurrencies From Early 2021

FISCO BCOS is an open-source blockchain platform developed by the non-profit Financial Blockchain Shenzhen Consortium (FISCO) to foster DLT research and innovation through collaboration.

The platform’s development saw contributions from 20 top Chinese fintech firms and was established during 2016, before being open-sourced the following year.

Since its launch, FISCO’s membership has grown to over 100, including leading firms such as Tencent, Huawei, and WeBank

Source: Cointelegraph | Image: Unsplash


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.
Share This

Share This

Share this post with your friends!