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Press Release

BCB Blockchain partners with Huawei to accelerate support initiatives for tech startups in Asia

The Singapore-based smart city solution provider is among of handful of top project collaborations to be featured in Huawei’s AI Lab

Singapore, 22 October 2020 – Building Cities Beyond (BCB) Blockchain today announced their collaboration with Huawei, a global leader in cloud computing and artificial intelligence. The partnership will strive to co-develop smart city solutions through decentralised technology – and support artificial intelligence (AI) and blockchain projects that are developed using the BCB protocol. Usingdecentralised technology, the companies look to spearhead robust smart city solutions and support growth-stage projects in the region.

 

As part of its commitment to the collaboration, Huawei will be sponsoring projects developing on the BCB ecosystem by offering an innovative and secure cloud server solution to store and transmit data more efficiently. The migration to Huawei cloud will bring about higher efficiency in terms of data transfer, information synchronization and cloud storage, resulting in a more reliable and secure platform for developers.

 

The collaboration with Huawei provides BCB with the opportunity to join a handful of top project collaborations that will be featured in Huawei’s Singapore-based AI Lab – as the company seeks to extend previous efforts to explore and power more real-use cases of smart city solutions in the region.

 

Having previously announced a USD 15m innovation grant and plans to incubate up to 1,000 tech startups in the region, BCB’s partnership with Huawei focuses on developing blockchain and AI projects. To further boost its efforts on supporting the tech community in the region, the smart city solution providers are working together with key players in the tech and educational sector who share the same passion of fronting next-gen technological solutions. The Huawei union will accelerate the company’s efforts to attract and groom the future leaders of the industry.

 

Nicole Lu, General Manager of Huawei Cloud Partner Ecosystem, APAC shared, “Through our support for the tech startup space in the region, both BCB and Huawei are essentially working towards the same goal. This partnership brings together our combined expertise and resources to solve real-life problems and bridge the gap in the smart city ecosystem by empowering innovative developments”.

 

To date, BCB’s collaboration with Huawei has already reduced its server costs by 20 percent. With one click, BCB developers can now deploy nodes that run decentralised applications.

 

“The pandemic has proven to be a ”black swan” for the tech sector by driving digitalization and innovative solutions. Moving forward, the BCB team understands the need for a multi-layered ecosystem for future cutting-edge solutions”, said Vanessa Koh, Chief Technology Officer of BCB Blockchain who further explained that the “partnership with Huawei is in line with BCB efforts to encourage upcoming technopreneurs to develop ideas into scalable smart city solutions by providing a holistic support system that extends beyond funding”.

 

About BCB Blockchain

BCB is a leading blockchain protocol which integrates Artificial Intelligence, Cloud Computing, Big Data, Virtual Reality, Robotics and hardware to create smart city solutions that interconnects cities across distances and improves the quality of life for people, businesses and governments. BCB has been growing steadily in the past year through vertical and horizontal market expansions. With more than 100 staff and seven offices across seven countries, BCB aims to create and support the economies of 1000 smart cities of the future. For more information on the grant, kindly visit https://www.bcbchain.io .

 

About Huawei

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 194,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world. Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they’re at home, in the office, or on the go.For more information, please visit Huawei online at www.huawei.com

 

Press Contact

Thasleem Nisha

Account Executive, DIFY

nisha@dify.sg

(+65) 8422 7990

Khairul Sufiyan

Senior Account Manager, DIFY

khai@dify.sg

(+65) 8588 4820

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