IBM, Citibank, Ubisoft, and Tribe Accelerator Partners For A Blockchain Program


September 23, 2019 8:23 pm

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IBM, Citibank, and Ubisoft have partnered with Singapore-based blockchain firm Tribe Accelerator.

TheStraitsTimes (a local news outlet) reported that the firms have joined as corporate partners Tribe accelerator for the second edition of its four-month program. It also includes that Tribe helps blockchain startups in their growth-stage by connecting them with major corporations. The initiative will be rolled out among few fields such as media and advertising, cybersecurity, healthcare, fintech and supply chain management. 

The participating startups’ names include Binance-backed digital identity and password management firm Torus, Bluzelle, p WhiteCoat, AID:Tech, and Aqilliz.

The first batch of startups has reportedly raised over $12.2 billion within three months. The program was completed in July this year. The platform has received support from government and corporate partners such as AXA, BMW Group Asia, Intel, business blockchain platform R3, Singapore’s Infocomm Media Development Authority (IMDA), Nielsen, Big Four auditor PwC and Temasek. 

Tribe Accelerator managing director Ng Yi Ming said:

“The success of the inaugural batch far surpassed our initial expectations. By ensuring all parties are aligned with a common objective, it has greatly reduced information overlaps and made solution integration prompt.”

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