Tribe Accelerator, a blockchain-focused accelerator recently launched by Singapore-based venture capital firm Trive Ventures, has signed strategic partnership agreements with three corporate partners, Business Times has reported.
BMW Group Asia, a subsidiary of automotive manufacturer BMW, will provide the accelerator with insights into the mobility industry and will look to integrate new technologies, such as blockchain, into its business.
Semiconductor technology provider Intel will assist Tribe Accelerator participants by helping them utilise and improve their blockchain technologies. Media data provider Nielsen will offer companies the chance to test new technologies in a controlled environment.
Tribe Accelerator is a six-month scheme backed by Singapore government agency Enterprise Singapore. It already counts blockchain community Icon Foundation and professional services provider PwC Singapore’s Venture Hub as partners, the latter in December 2018.
Trive will look to enhance awareness of the distributed ledger technology that powers blockchain through the accelerator, with the initial cohort made up of eight blockchain-based startups.