Global blockchain technology provider nChain has announced the establishment of Block Dojo Philippines, a blockchain incubator seen as a significant step towards positioning the country as the future blockchain hub in Asia.
Established in Bataan, Block Dojo Philippines will provide training, education, upskilling and cross-skilling to homegrown talents and produce a pioneering generation of blockchain companies and professionals in the Philippines.
“Our investment and commitment to supporting Filipino start-ups and entrepreneurs, aligns with our MOU signed last year with the Provincial Government of Bataan,” said Stefan Matthews, nChain group chairman.
“We are focusing on driving adoption by growing blockchain knowledge, skills and solutions to allow the Philippines to enable blockchain at all levels and highlight its capabilities to the world,” he added.
By bringing one of the United Kingdom’s most successful and innovative blockchain incubators to the Philippines, nChain aims to empower startups, enterprises and talents with the necessary tools to succeed.
nChain and the Dojo will collaborate with innovative, early-stage start-ups to remove the challenges of starting a company and deliver a curated 12-week start-up program with access to potential capital, advice, strategy and skills via nChain’s network of investors business experts and partners.
“The Dojo has a ‘founder first’ mentality, and our primary goal is to support entrepreneurs in unlocking their potential whilst successfully creating startups that leverage the power of the BSV blockchain,” said James Marchant, Block Dojo chairman.
“Having established ourselves as one of the UK’s leading tech incubators, responsible for launching more successful blockchain startups than any other incubator or accelerator, the Dojo team are incredibly excited to help entrepreneurs in the Philippines. Providing a springboard for new and innovative businesses whilst helping existing Filipino businesses leverage the power of the blockchain and transition into the Web3 world,” he added.
Bataan Gov. Jose Enriquez Garcia III expressed his support to nChain’s launch of Block Dojo Philippines, saying the incubator will provide the necessary training, education and upskilling to produce a pioneering generation of blockchain companies and professionals in the Philippines.
“I commend nChain for their investment and commitment to supporting Filipino start-ups and entrepreneurs, and I look forward to seeing the positive impact this will have on our province and the country,” added the governor.
nChain group chief executive officer Christen-Ager Hanssen underscored nChain’s mission to transform the world from Web2 to Web3.
“I’m incredibly excited to invest in the future of the Philippines and support entrepreneurs and start-ups as they build a new Web3 world. Together with BlockDojo, we are realising that mission by leveraging the value and technology of our world-leading patent portfolio,” said Hanssen.
“We’re propelling the Philippines to the forefront of blockchain implementation, to enable greater efficiencies, security and transparency at every level,” he added.
nChain is a leading provider of global blockchain technology, IP licensing and consulting services. The companyserves clients globally to power several industries, including gaming, supply chain and finance.
It offers Web3 solutions in the digital payment space, along with professional services that assist enterprises of all types to benefit from blockchain technology.