A Collaboration to Follow
Two of the giants in their own fields have collaborated recently in order to scale the innovation and research and for this they have announced two accelerator programs. These two accelerator programs shall back around 10 startups which are in the process of developing different enterprise blockchain networks by exploring best practices for building a network of blockchain. IBM shall provide mentorship by providing technical, academic and business mentors from IBM and the University.
WHY THIS COLLABORATION
As reported by Blockchain Technology news:
“the aim of the aforementioned programmes is to enable network founders develop their ideas into sustainable and scalable companies providing blockchain solutions.”
The executive director of the Columbia Blockchain Launch Accelerator, Mr. Satish Rao, was quoted saying that:
“Columbia University has successfully launched several technology accelerators in New York City, but this our first in partnership with a corporation that is a clear industry leader in the field. Early- and late-stage teams will undoubtedly benefit from IBM’s technology resources, expertise and established network coupled with Columbia’s ground-breaking research and talent in blockchain and data transparency, all while benefiting from rapidly growing NYC blockchain communities.”
It is important to mention that Columbia University isn’t the only one with whom IBM has collaborated. It is also working to decrease product manufacturing with IBM with the use of cutting edge blockchain & Security technology.
According to the report published in the Blockchain Technology News, it was said by the Patent Holders and investors of the company: