This is the Singapore-based smart city blockchain’s first partnership with a co-working space provider. The Memorandum of Understanding (MOU) supports entrepreneurs and BCB’s plans to expand in Asia Pacific.
Singapore, 29 April 2020 – Singapore-based Building Cities Beyond (BCB) Blockchain recently announced its partnership with Asia Pacific’s leading flexible workspace provider, JustCo, as part of its efforts to accelerate innovation, strengthen communities and bring forth collaborative opportunities. The collaboration comes ahead of BCB’s plans to expand further into the Asia Pacific (APAC) market with its smart city solutions.
The first area of partnership will see JustCo support BCB’s workspace and event requirements in Asia Pacific, where JustCo has over 40 centres in eight cities. The premium co-working space company will offer preferential rates and incubate startups under the BCB ecosystem to promote collaboration and support innovation for the smart city solutions provider. In return, BCB will build events and enrichment programmes – including workshops, mentorship, seminars, accelerator programs and competitions such as hackathons, that JustCo’s community can take part in. BCB and JustCo will look to kick off these initiatives post-pandemic, with careful consideration of the global safe distancing measures currently in place.
In the meantime, BCB will look to enhance its digital transformation efforts by embracing virtual events. The partnership with JustCo, and its ability to connect its members through its app, will be key for BCB as it looks to navigate the new normal. Through JustCo’s app and its JustConnect function, BCB will gain visibility for its diverse events, aimed at benefitting startups, entrepreneurs, SMEs, and large corporates alike. Participants can use them to network, gain insights into the latest industry trends, learn best practices, and connect with future partners. The programmes will be open to JustCo’s 25,000 members across the region to promote exchange of ideas and future collaboration.
“BCB’s efforts in building its ecosystem and bringing smart city solutions together fall in line with our own values of connecting dynamic entrepreneurs, start-ups and large corporations”, said Kong Wan Sing, the founder and CEO of JustCo. “The technology space has always been driven by collaboration and innovation, and we believe that our partnership with BCB will continue to allow ideas to cross-pollinate amongst businesses and individuals in our community across Asia.”
Asia Pacific Expansion
BCB is currently operating in seven cities across Asia and strives to expand the company’s reach and initiative in the APAC region through the partnership. With JustCo’s established infrastructure and standing reputation, BCB will be able to penetrate new markets and extend services to more target groups. The strategic collaboration is expected to accelerate BCB’s growth and establishment as an industry leader in the smart city arena, paving the path to develop more technology-driven communities and support the growth of its smart city ecosystems.
Douglas Gan, CEO of BCB explains, “The partnership with JustCo is an important milestone for BCB, especially in a time where we are looking to grow our presence across Asia. JustCo’s expertise in providing collaborative spaces and community building will prove to be invaluable in our efforts to reach new markets, as well as integrate innovative smart city solutions into our ecosystem”.
By and large, the partnership between BCB and JustCo is one that is full of opportunities for both companies and is expected to be a sustainable avenue for the tech start-up industry to promote and support innovative collaborations. Both brands will look to explore future possibilities and potential business alliances that include converting BCB Online Academy into classroom-based seminars and providing more educational support for tech developers.
About BCB Blockchain
BCB is Blockchain 4.0 which integrates Artificial Intelligence, Cloud Computing, Big Data, Virtual Reality, Robotics and hardware to create a smart city solution that interconnects cities across distances and improves the quality of life for people, businesses and governments. BCB Innovation Pte Ltd is a Singapore registered company, founded by GBCI Ventures Pte Ltd. With more than 500 staff and seven offices across seven countries, BCB visions to create and support the economies of 1000 smart cities of the future. For more information, visit https://www.bcbchain.io
Founded in 2011 and headquartered in Singapore, JustCo is Asia Pacific’s leading premium flexible workspace provider. We continually disrupt the status quo and redefine collaborative working. In our communities, we connect dynamic entrepreneurs, start-ups and large corporations. People are at the heart of what we do, as we create networking events and strategic partnerships for our members and partners to gain insights, collaborate, and help each other. Our passion for customer satisfaction ensures our members find the same JustCo hospitality – comfort and peace of mind – no matter where they are. We make work better by revolutionising how people work, empowering our ever-growing community with exceptional flexibility, opportunities and experiences.
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