A group of Singaporean government agencies is launching a new research program for blockchain technology with $12 million SGD (about $8.9 million USD) in funding. Called the Singapore Blockchain Innovation Programme (SBIP), the project is a collaboration between Enterprise Singapore, Infocomm Media Development Authority and the National Research Foundation Singapore. It has support from the Monetary Authority of Singapore, the country’s central bank and financial regulator.
+INFO: TechCrunch