Global blockchain ecosystem leader, nChain, has announced plans to set up a blockchain incubator in Philippines called Block Dojo Philippines. By establishing the incubator in Bataan province, nChain aims to position the Philippines as a future blockchain hub in Asia.
The company intends to provide local startups, enterprises, and talent with the necessary resources to succeed by bringing one of the UK’s most successful and innovative blockchain incubators to the country. Block Dojo Philippines will focus on offering training, education, upskilling, and cross-skilling to local talent, leading to the development of a new generation of blockchain companies and professionals in the Philippines.
The investment and commitment to supporting Filipino startups and entrepreneurs are in line with an MOU signed with the Provincial Government of Bataan last year. The focus is on promoting adoption by expanding blockchain knowledge, expertise, and solutions, enabling the Philippines to incorporate blockchain at all levels and showcase its potential globally.
With a ‘founder-first’ approach, the primary goal of Block Dojo is to help entrepreneurs unlock their potential while successfully establishing startups that harness the power of the BSV blockchain. The Dojo team is excited to assist entrepreneurs in the Philippines, providing a launchpad for innovative businesses and helping existing Filipino companies transition into the Web3 era by leveraging blockchain technology.
The Governor of the Provincial Government of Bataan has expressed support for the launch of Block Dojo Philippines, highlighting the positive impact it will have on the province and the country. nChain’s mission to transition the world from Web2 to Web3 includes investing in the Philippines’ future and supporting entrepreneurs and startups in creating a new Web3 world.
nChain, in collaboration with BlockDojo, seeks to leverage its world-leading patent portfolio’s value and technology to bring the Philippines to the forefront of blockchain implementation, enabling enhanced efficiency, security, and transparency across all levels. nChain and the Dojo will work with innovative early-stage startups to address the challenges of starting a business and offer a tailored 12-week startup program with access to potential capital, advice, strategy, and skills through nChain’s network of investors, business experts, and partners.
This article was originally published by PRNewswire
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