The foundation is incorporated in Singapore with the sole purpose of to introduce, educate, and promote the use of the NEM blockchain technology platform on an international scale to all industries and institutions.
The RM2m (US$500k) centre will become a learning platform, incubator and accelerator for any organisation in Asia that’s looking into implementing blockchain technology.
A dedicated co-working space is also available and they are already planning several knowledge sharing events within the centre.
There is not enough understanding and (not enough) people who know how to use the technology to build up solutions for companies to solve some of the world’s problems. – Stephen Chia, NEM’s country lead for Malaysia
NEM Blockchain Innovation Lab will also be embedded into the centre to enable research and development of blockchain technology.
This 11,000 square feet centre is poised to spur the application of blockchain technology across different industries including government sectors in the region.
Address of NEM Blockchain Centre:
60000 Damansara, Kuala Lumpur, Malaysia
[Photo credit Jason Lee]