Bitcoin SV Infrastructure Developer nChain Partners with Ateneo for Blockchain Program

Edited by Nathaniel Cajuday

• International blockchain company and Bitcoin infrastructure developer SV nChain has announced that it has signed a memorandum of understanding with Ateneo de Manila University.
• The memorandum agreement is expected to add additional blockchain leadership units to the university’s course offering in the second half of 2023. In addition, Ph.D. students will also receive support from nChain to have access to patented intellectual property and several grants to help deepen the country’s blockchain research.
• Meanwhile, a blockchain incubator called Block Dojo will be launched in Bataan province. The blockchain incubator is designed to help start-up businesses by providing office space, advice and access to potential partners, investors and customers.

Nearly two months after its deal with the Bataan local government, international blockchain company 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 the launch of an incubator called the Philippines Block Dojo.

nChain and Ateneo

Aiming to promote and encourage blockchain education within universities and define the framework for the future of the Philippines, the partnership between the blockchain company 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 application of blockchain technology. Ateneo and nChain share a common vision and goal—to advance fintech and blockchain technology while achieving their social impact goals.” a reading statement.

The memorandum agreement is expected to add additional blockchain leadership units to the university’s course offering in the second half of 2023. In addition, Ph.D. students will also receive support from nChain to have access to patented intellectual property and several grants to help deepen the country’s blockchain research.

“Our collaboration with nChain aims to expand the University’s blockchain program through education, capacity building, and research initiatives. Blockchain technology has the potential to solve many of our society’s problems. As a research institute, we want to explore the potential of blockchain for the ultimate goal of nation-building.” Christian Pulmano, head of the Ateneo Blockchain Laboratory, said:

As per nChain, it is committed to supporting and promoting interdisciplinary research and education, as well as various academic programs in information and communication technology, cryptology, economic theory, and data science, therefore collaborating with various educational institutions around the world.

“Our partnership with the University is the first in a series of education and training initiatives launched to support the government’s broader goal of enabling blockchain adoption in the Philippines. Simultaneously, we deliver seminars on leadership and advanced technical topics for business and government. We aim to highlight blockchain and the transition from the Philippines to web3 to the world.” Quoting nChain Group Chair, Stefan Matthews.

Block the Philippines Dojo

According to the press release, the establishment of the nChain incubator in Bataan, Philippines Block Dojo, is a significant step towards positioning the country as a future blockchain hub in Asia.

“Dojo has a ‘founders first’ mentality, and our main goal is to support entrepreneurs in unlocking their potential while successfully creating startups that harness the power of the BSV blockchain,” said James Marchant, Chairman of Block Dojo.

While supporting educational institutions in terms of interdisciplinary research, nChain stated that they are also empowered to support startups, companies, and talent through the Philippines Block Dojo, which will provide training, education, upskilling, and cross-skilling for local talent and produce the next generation of startups and companies. blockchain professionals in the Philippines.

The blockchain incubator is designed to help start-up businesses by providing office space, advice and access to potential partners, investors and customers.

As per Matthews, company owned “The investment and commitment to support Filipino start-ups and entrepreneurs, is in line with our MOU signed last year with the Provincial Government of Bataan. We are focused on driving adoption by developing blockchain knowledge, skills, and solutions to enable the Philippines to enable blockchain at all levels and highlight its capabilities to the world.”

Last January, the company signed a partnership with the provincial government of Bataan to lay down the framework for establishing a digital platform in the province which is expected to streamline the current systems and procedures for government services.