Columbia University, IBM launches two acceleration programs for Blockchain Enterprises


IBM and Columbia University have announced two blockchain acceleration programs aimed at helping space-based startups to innovate on a large scale, according to an IBM press release on November 19.

Both programs are part of the Columbia-IBM Center for Blockchain and Data Transparency, a joint innovation center that was established by the technology giant and the American ivy league school this summer.

According to the press release, each program will support ten startups, offering them a network of business mentors, technical support, access to Columbia students' talent and the "research community", design assistance and IBM cloud technology resources.

The stated aim is to help network creators to translate ideas into sustainable and scalable "blockchain" businesses, which in turn will stimulate "the adoption of significant business blockchains and promote business efficiency in all the sectors ".

The eight-week Columbia Blockchain Launch Accelerator, which will take place in New York City, was designed for pre-seed "idea-stage" companies affiliated to both Columbia and another New York-based school. , as outlined in the press release.

The second eight-week program, dubbed IBM Blockchain Accelerator, is aimed at global advanced companies and will aim to help participants establish a corporate network and a customer base for their blockchain application. He will be partially managed in person in New York and San Francisco and partly "in combination with virtual programming" to offer participants more free time to devote to their efforts to downsize the business.

According to what is said, each startup participating in both programs will receive about $ 400,000 of access to technology and services. Neither program takes equity or charges a fee for participation.

As reported at the beginning of the fall, New York University (NYU), a New York school, claimed to be the "first" school in the United States to offer an important blockchain technology service, provided by NYU Stern School of Business. Many other high-level universities worldwide already offer a number of blockchain and encrypted courses.

IBM, which has its own cloud-based blockchain platform based on Hyperledger, has made great strides in the corporate blockchain space. The company is in second place worldwide in terms of the number of patents related to blockchain deposited, as of August 31, 2018, second only to the giant of the Chinese e-commerce Alibaba.

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