Episode 3 : Fostering Singapore's Blockchain Ecosystem with Veronica Tan - IMDA and Yi Ming Ng - Tribe Accelerator


November 11th, 2019

34 mins 2 secs

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About this Episode

Cultivating Singapore into a global hub for blockchain

Singapore has often been cited to be a leading hub for blockchain projects as a result of its thriving blockchain ecosysem and favourable regulatory environment. In this epsiode, Veronica Tan and Yi Ming Ng describe the state of blockchain adoption in Singapore from both public and private perspectives, including government involvement, the various stakeholders, and past and future challenges. They also talk about both government and industry responses to tackling these barriers, emphasizing the need for a multi-stakeholder approach.

At the Singapore Fintech Festival, IMDA and Tribe are announcing the launch of OpenNodes, a new content platform built to foster a hyperconnected blockchain ecosystem through collaboration and education. In October, they published the Singapore Blockchain Landscape Map, that provides an overview of various blockchain companies and initiatives that are pioneering the application of blockchain technology to various use cases in Singapore.


Veronica is from the Technology & Infrastructure Group in IMDA (Infocomm Media Development Authority) Her work revolves around master planning and strategy development of frontier technologies such as blockchain, that are relevant for Singapore to realise its vision to be a leading digital economy in the world. Veronica was previously involved in IDA’s Smart Nation efforts, overseeing the development of Smart Nation infrastructure to enable data-driven decision making for Singapore.

Yi Ming is the Managing Partner of Tribe Accelerator, Singapore’s First Government Supported Blockchain Accelerator to facilitate the mass adoption of blockchain technology in startups. Yi Ming too serves as a partner at TRIVE, an early stage Southeast Asia (SEA) focused Venture Capital firm based in Singapore, which invests in technology startups from Seed to Series A rounds of funding in various domains. This includes Deep Technologies, Blockchain, Artificial Intelligence, Data Science, Marketplaces and FinTech.


About Open Nodes
Open Nodes is an ecosystem platform that connects companies to blockchain solutions providers and serves educational content to enterprise leaders and policymakers. Learn more at https://opennodes.com/. Access the Singapore Ecosystem Report here.

About IMDA
The Info-communications and Media Development Authority (IMDA) develops and regulates the converging infocomm and media sectors in a holistic way, creating a dynamic and exciting sector filled with opportunities for growth, through an emphasis on talent, research, innovation and enterprise. As a statutory board in the Singapore government, it seeks to deepen regulatory capabilities for a converged infocomm media. Learn more at https://www.imda.gov.sg/

About Tribe Accelerator
Tribe Accelerator is the first Singapore government supported blockchain accelerator, championing to be a neutral platform in driving collaboration and growth of the blockchain ecosystem. The product development focused accelerator aims to provide promising startups a hyperconnected platform to develop innovative solutions together with our network of global corporations, government agencies and top blockchain companies. Tribe Accelerator is backed by some of the world's leading organisations including AXA, BMW Group Asia, Citibank, ConsenSys, Ethereum Foundation, EY, IBM, Intel, Nielsen, PwC, R3, Temasek, Ubisoft and others. Learn more at :https://tribeaccelerator.co/