IBM and Columbia University have partnered launching an accelerator program to support blockchain startups that need counseling and technical help to start their business. Depending on their development, this will help them start their business or scale their operations efficiently. These institutions have a great deal of experience in blockchain development and will share it.
IBM And Columbia University Accelerate Blockchain
IBM and Columbia University have agreed to join efforts to support the grassroots blockchain development. They have partnered to offer an acceleration program for blockchain startups that wish to scale their operations. Many blockchain startups go through a difficult start derived from a lack of expertise. This partnership aims to help these new startups to deal with the hardships associated with a new start.
The program will support ten startups that are beginning to dabble in the blockchain business. They will help them with the right expertise and resources to build scalable blockchain networks. The PR statement declares that:
“They will have access to agile design workshops from IBM, an experienced network of business and technical support, connections to the Columbia research community and student talent pools, business value design assistance and access to IBM Cloud technology through the program.”
The IBM accelerator program is also designed for enterprises that already have a working product but have trouble scaling their platform.“The possibilities presented by blockchain technology are seemingly endless, and we are seeing strong dedication by technical talent to build game-changing applications,” said David Post from IBM.
Certainly, this participation will give businesses services that are priced in thousands of dollars for free. The selection of the startups will be complete for the next January and applications are now open. You can head to their selection page here.
IBM And Columbia University
IBM went from being a normal software company to a blockchain giant in no time. They have grown to become one of the most important blockchain developers. Through their cloud division, they serve a big amount of other startups that rely on their services.
Blockchain services saved IBM from fading into obscurity. They turned to blockchain as an experiment to integrate new technologies and to try to turn back the ship into revenue. Its experiment went well, and now their DTL platform is highly profitable.
Columbia University is one of the most important learning centers located in Columbia. Founded in 1754 as King’s College, Columbia is the fifth oldest institution of learning in the United States. More than 200 companies are using the tech provided by this institution, a real success. They trust in this institution to make the necessary tech for their operation.