BMW, Intel Partner With Government-Backed Blockchain Accelerator

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem “ready for industry 4.0.” BMW Group Asia, for instance, will provide “masterclasses” and mentoring sessions on how blockchain solutions can be implemented in a mass market situation. “We hope we can help each of these startups develop their proof-of-concepts and reach the next stage of their development,” said Carsten Sapia, vice president – group IT and head of the Asia Pacific region, BMW Group Asia. Intel Corporation, on the other hand, will offer business and technical mentorship to startups. “Intel technologies like Intel Xeon Scalable processors and Intel SGX can help improve privacy, security, and scalability of blockchain solutions,” said Intel’s blockchain program director Michael Reed. Meanwhile, Nielsen will provide “a sandbox with the objective of providing participants with a safe, controlled environment to test new technologies and accelerate the adoption of their solutions.”