NEM Foundation Launches Blockchain Hub In Australia
NEM fund set up a center in which the company’s representatives will contribute to blockchain and cryptocurrency industry development in Australia.
NEM Blockchain Hub will organize educational programs, blockchain events and work as a business incubator and a center of support for start-ups which use NEM network.
As the head of NEM Foundation in Australia and New Zealand Jian Chan has claimed, launch of blockchain hub is a sign meaning that the company is eager to expand its presence in the world. NEM fund presents in more than 40 countries after being set up in Australia.
Local industry’s representatives were enthusiastic about opening of NEM Blockchain Hub, they noticed that this will add some variety to blockchains beyond Bitcoin and Ethereum and help to understand the differences between them.
NEM Foundation told that it was also planned to hold several ICOs based on NEM network.
To recap, Australian government decided to allocate 700k of Australian dollars (more than $520k) to exploring blockchain technology.