After Bitcoin Takes a Dive, NYC Opens Blockchain Center

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The New York City Economic Development Corporation (NYCEDC) has selected Future\Perfect Labs and Global Blockchain Business Council Future to launch and operate the City’s first public-private NYC Blockchain Center, and SecondMuse to operate the NYC BigApps Blockchain Challenge. Both initiatives will help foster the continued growth of New York City’s burgeoning blockchain industry.

Future\Perfect Labs, an affiliate of Future\Perfect Ventures (FPV), and GBBC Labs, a subsidiary of the Global Blockchain Business Council (GBBC) will manage the NYC Blockchain Center, which will be located in Chelsea and has opened for business on January 10th. Jalak Jobanputra of FPV and Sandra Ro of GBBC, both early pioneers of the technology globally and notable fixtures in New York City’s blockchain ecosystem, will co-lead this unique private-public partnership and bring their extensive blockchain expertise and networks to the Center.

“We are thrilled to partner with two accomplished blockchain industry leaders to help grow New York City’s blockchain network,” said NYCEDC President and CEO James Patchett, in a press release. “The new Blockchain Center will serve as a vital resource to professionals in a booming industry, as well as those eager to learn and utilize this technology.”

The Center, according to NYCEDC, it will play a pivotal role as an access point to the growing blockchain ecosystem by providing entrepreneurs and other innovators with shared space, business support, and mentorship. This supportive and inclusive peer community will help those in the space launch and scale new ventures. The Center will also act as a vehicle for providing public education about blockchain technology across the five boroughs to ensure that all New Yorkers have access to resources to help them understand the potential impact of blockchain on their daily lives. Finally, the Center will convene industry, government, investors, innovators and academia alike to advance a shared dialogue around how New York can foster a regulatory environment that will support both consumer safety and innovation in blockchain.

“New York City is home to a myriad of businesses and talent that will benefit from, and contribute to, the growth of the blockchain industry, including financial services, media and healthcare,” said Jalak Jobanputra, Managing Partner at FPV, in the release. “NYC is also home to one of the most diverse populations in the world, making it a living laboratory for new use cases to emerge from this nascent technology. We are thrilled to collaborate on the launch of this center in our hometown and help ensure that NYC remains at the forefront of innovative technologies.”

“As the blockchain industry continues to make significant strides, a center of education that provides an avenue for all stakeholders and the public to convene, connect and converse is a great step in the right direction,” said Sandra Ro, CEO of the GBBC, in the release. “We are delighted to be part of the expert voices that have been called upon by the NYC Blockchain Center to ignite opportunities and shape conversations concerning blockchain. This is a significant milestone for New York City and the GBBC remains committed to promoting the merits of blockchain across various geographies, industries and applications.”

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