On March 22, Tribe Accelerator began announcing specifics of its collaboration with BMW Group Asia as a strategic long term plan. In addition, their strategic goals include partnering with Intel Corporation and Nielsen as part of their new endeavors. The Singaporean multinational blockchain accelerator wants its start-up firms to take advantage of the expertise of these companies.
Tribe Accelerator is a Singapore-based company that offers networking opportunities for start-up firms with established corporations via its partnerships. The blockchain accelerator has also obtained sponsorship from the Enterprise Singapore – a state establishment accountable for supporting Singapore’s start-up sector. In addition, its subsidiary, Founder’s Nights, also brings technology enthusiasts for mentorship conferences. The Tribe Accelerator is also funded by PricewaterhouseCoopers (PwC) and the Icon Foundation.
Tribe Accelerator intends to begin accepting the submissions for subsequent cohorts by the end of April. Its primary goal is to obtain more partners as it did with the Ethereum development studio ConsenSys, Intel, Nielsen, and BMW Asia Group to establish a platform that takes advantage of the full potential of blockchain technology.
More Details of the Partnerships
Intel will assist Tribe Accelerator’s start-up firms through training initiatives. Such distributed ledger systems initiatives have potential for inventing more products and generating savvy tech solutions. BMW Asia Group will offer “masterclasses” and “mentoring workshops” for companies interested in applying blockchain in the automobile industry. Similarly, Nielsen will create a sandbox where all start-ups can begin trying their concepts and products minus the fear of breaking existing industry guidelines.
The three firms will also enrich Tribe Accelerator start-up firms with knowledge and skills in their respective fields. This will include a “global demo tour spanning Singapore, Seoul, San Francisco, and Shanghai.”
The Rise of Blockchain Accelerators
As the blockchain-based family of industrialists grows globally, so do the platforms designed to back and nurture top-notch blockchain start-ups. Here are three examples of the best blockchain accelerators making industry news:
- Adel: an international crypto community which self regulates and sustains its own ecosystem with the Adelphoi token. The Adel community emphasizes on building, developing, and applying blockchain usage.
- Bank of England FinTech Accelerator: By collaborating with companies that are exploiting modern inventions, they have demonstrated how FinTech inventions are applied in the banking industry. In addition, The Bank of England’s efforts on blockchain technology and Artificial Intelligence have been exploring big data analytics and privacy in blockchain technology.
- BitHub.Africa: This business distributed ledger system accelerator champions the use of blockchain technology and products across the African continent. Likewise, The organization plans to create innovative and appropriate blockchain solutions.