11/01/19 10:58 UTC-4

A blockchain technology research center opened in New York

The blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
center of the New York City Economic Development Corporation (EDC) may begin operations this year, as reported by the CoinDesk news agency.

On Thursday (January 10), it was reported that the new blockchain center of the New York Economic Development Corporation (EDC) had opened. The first research and testing options for the use of innovative technology are expected for the beginning of autumn 2019.


Researches of the blockchain-technology in New York

The center is a partner organization with Future-Perfect Ventures venture fund and Global Blockchain Business Council tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details

"EDC is a non-profit organization that aims to support economic development in the city. The Research Center acts as the official corporation for New York's economic development." – from the official presentation of the EDC blockchain-center.

Recall that the government of New York has invested $ 100,000 in the new Blockchain Center. As it became known, the research support fund will continue to attract investments through corporate partnerships and membership fees.

"Microsoft and IBM have already begun to cooperate with the center", said Jalak Jobanputra, managing partner of Future-Perfect Ventures.

The new research center is in Flatiron District. According to the founders, it will offer training in cryptography and blockchain for space technology developers and the general public.

"Blockchain is a new and developing technology (...) because of the constant evolution, inevitably uncertainty arises. Although we do not know what awaits us in the future, we want to be confident in its formation" – Ana Arino, EDC Strategy Director.

A new blockchain research center has opened in New York, with several blockchain companies also starting to move their offices to this city. For example, Coinbase opened another office in New York last fall.

Editor: Yuliya Soroka

See also: "Samsung NEXT technical director believes that decentralization is more important than the blockchain"

#New York #blockchain #research center #EDC



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