The partnership also aims to strengthen the ecosystem of talents and empower the community through training and knowledge sharing.
The MOU with BAS is the first such industry partnership for AntChain outside China.
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Commenting on the partnership, Derrick Loi, general manager of International Business, Intelligent Technology at Ant Group, says: “We are committed to working closely with industry partners such as BAS to explore new synergies, resolve pain points faced by businesses, and uncover greater value for a broader group of customers in today's digital economy.”
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“We very much look forward to enabling trusts in use cases such as digital trade, thereby connecting B2B2C with industry-specific applications of enterprise blockchain, secure computing, IoT, eKYC, and other innovative technologies,” he adds.
Chia Hock Lai, Co-Chairman, BAS, says: “It is an absolute pleasure to collaborate closely with AntChain, which we believe will bring valuable technical know-how and industry experience to BAS’s members and partners in Singapore and the region. Together, more blockchain innovations can be fostered to contribute to the growth and transformation of businesses and industries.”
Besides collaborating with AntChain, BAS has also formed partnerships with the Alliance of Blockchain Industry (ABI) and the Energy Research Institute of the Nanyang Technological University to jointly promote blockchain application, research and talent development.
Photo: AntChain