dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities
  • Technology

GBCI Ventures To invest $10m For Projects From Its New Smart-City Solutions Platform

  • May 9, 2019
Total
0
Shares
0
0
0

Aligned with its vision to empower sustainable smart cities for future generations, Singapore-based GBCI Ventures  announced the launch of  Building Cities Beyond Blockchain (BCB). BCB will serve as a base platform for developing smart city applications. GBCI dedicated US$10 million for projects falling under BCB.

Developing Smarter Cities

The blockchain protocol has APIs in its arsenal which can be used to develop applications such as asset ledgers, eWallets, and payment systems. BCB is also designed to support real-world implementation in cities.

Other projects the BCB is developing include:

  • Traceability systems
  • Global cross-border settlement systems
  • Supply chain finance
  • Luxury anti-counterfeiting

The BCB team working on these projects is composed of 100 members coming from Singapore, Myanmar, Thailand, China, and the Philippines.

Continuing Expansion

This is just one of GBCI’s initiatives to develop smart cities. Earlier this year, GBCI announced that it will be investing US$ 100 million for the development of smart cities.  BCB, on the other hand, will soon be launching its first smart city project in an emerging market which will focus on ledgering assets and processing transactions.

According to BCB Chief Operating Officer Lee Changjin, the company believes that blockchain technology will heighten trust and transparency across all smart city transactions.

Truly enough, with initiatives and projects like these, we’re accelerating towards more secure and smart urban living.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Blockchain Technology
  • Smart Cities
  • Venture Capital
majulah

Previous Article
  • Cities
  • Lah!

Singaporean Firm To Launch A One-Seater Flying Vehicle In The USA

  • May 8, 2019
View Post
Next Article
  • Technology

How To Bridge The Gender Gap In Cybersecurity

  • May 13, 2019
View Post
You May Also Like
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • Technology

Apple services deliver powerful features and intelligent updates to users this autumn

  • Dean Marc
  • June 12, 2025
View Post
  • Artificial Intelligence
  • Machine Learning
  • Technology

Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design

  • Dean Marc
  • June 11, 2025
View Post
  • Technology
  • Working Life

It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society

  • dotlah.com
  • June 8, 2025
View Post
  • Cities

Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong

  • dotlah.com
  • June 4, 2025
View Post
  • Cities
  • Politics

Singapore businesses eye more investments in PH, says PM Wong

  • Dean Marc
  • June 4, 2025
oracle-ibm
View Post
  • Artificial Intelligence
  • Technology

IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud

  • Dean Marc
  • May 6, 2025
View Post
  • Software
  • Technology

Canonical Releases Ubuntu 25.04 Plucky Puffin

  • Dean Marc
  • April 17, 2025


Trending
  • 1
    • Economy
    • People
    • World Events
    The COVID-19 Pandemic Is Making The Rich Richer
    • June 29, 2020
  • 2
    • Features
    Paramore: From Scene Emo to Joining Taylor’s Squad – What You Need to Know
    • May 11, 2024
  • 3
    • Cities
    • Lah!
    Pilot Project To Develop High-Powered Fast-Charging Plaza For Electric Vehicles
    • August 3, 2021
  • 4
    • Science
    • Technology
    Learning How To Learn
    • October 23, 2023
  • 5
    • Cities
    How Trees Could Save The Climate
    • July 12, 2019
  • 6
    • Society
    FairPrice Group Pledges S$378,000 To Engage The Community To Do Good And Provides Incentives To Appreciate Healthcare Workers
    • March 6, 2020
  • 7
    • Lah!
    Hyundai Motor Group Deepens Partnership With Grab To Accelerate EV Adoption In Southeast Asia
    • June 22, 2021
  • malmo-sweden-pontus-ohlsson-oLVwyChOWBY-unsplash 8
    • Cities
    • Environment
    These 5 global cities are leading the charge to a renewable future
    • March 23, 2022
  • 9
    • Lah!
    • Technology
    More Subsidised Solutions To Support Working From Home For Businesses
    • April 19, 2020
  • 10
    • Lah!
    Novel COVID-19 Swabs To Address Shortage
    • July 14, 2020
  • 11
    • People
    Injured At Work? Here’s What You Need To Do
    • June 8, 2020
  • 12
    • Cities
    • People
    • Technology
    AI vs. elections: 4 essential reads about the threat of high-tech deception in politics
    • March 19, 2024
Trending
  • Camping 1
    The Summer Adventures : Camping Essentials
    • June 28, 2025
  • 2
    Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore
    • June 20, 2025
  • 3
    A Father’s Day Gift for Every Pop and Papa
    • June 14, 2025
  • 4
    Apple services deliver powerful features and intelligent updates to users this autumn
    • June 12, 2025
  • 5
    Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design
    • June 11, 2025
  • 6
    It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society
    • June 8, 2025
  • 7
    PBBM asks Singapore to invest more in PH renewable energy projects
    • June 6, 2025
  • 8
    Singapore PM Wong arrives in Malacañang
    • June 4, 2025
  • 9
    Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong
    • June 4, 2025
  • 10
    Singapore businesses eye more investments in PH, says PM Wong
    • June 4, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.