Blockchain News

Singapore Blockchain Landscape Registers 50% Increase In Growth

In a major turnover, a collection of organisations teamed up to depict that the Singapore blockchain landscape has increased by at least 50 per cent that 2019.

It was announced at the Unitize blockchain conference that the map is supported by a Singaporean governmental agency called the Infocomm Media Development Authority (IMDA), and is mostly a collection of company logos organized by specific business sector

In these the categories range from corporate services to smart cities to protocol and infrastructure and beyond, according to a Cointelegraph report. 

In 2020 an addition would be decentralized finance (DeFi), which is a sector that seems to be gaining global momentum as Temasek recently became the first Asian entity to partner with the Libra Association. Meanwhile, global recruiting for jobs requiring blockchain skills is also up.

It has been reported that in total there are 234 entities represented across 26 categories on the 2020 map which is 91 more companies in comparison to 2019. 

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