SGInnovate Doubles Down on Blockchain And AIby Fintech News Singapore September 19, 2018
This seems to be an exciting time to be in Singapore’s fintech. Between the Monetary Authority of Singapore unveiling its multi-nation open API, and the SGQR, the fintech scene in Singapore begins its evolution into its next phase.
One of its key areas of focus for the central authority has been artificial intelligence, while the industry has been experimenting with how this sphere could merge with the now sexy blockchain technology.
SGInnovate seems to echo these sentiments with their two latest announcements.
Launching Blockchain Developer Study Programme with Kingsland University & Ngee Ann Polytechnic
SGInnovate partners up with Kingsland University School of Blockhain and Ngee Ann Polytechnic to launch Singapore’s first certified blockchain developer programme. Designed to accommodate working professionals, the programme will employ a blend of face-to-face intensive technical training and online supported instruction to produce certified blockchain experts in Singapore.
The new programme aims to upskill and transform current software programmers into certified blockchain developers, with the first workshop is set to take place in November 2018.
The programme will be providing two courses, DApps and Solidity, and Blockchain Networks. Eligible trainees may receive course and certification funding support through the Infocomm Media Development Authority (IMDA)’s TechSkills Accelerator (TeSA) CITREP+ programme.
Ngee Ann Polytechnic will be providing its experience in education while Kingsland School of Blockchain and SGInnovate will be providing their technical expertise and practical deep tech knowledge to the course.
SGInnovate’s Latest Deep Tech Investments
Besides the launch of the blockchain developer programme, SGInnovate also announced that it is investing into three deep tech startups – Tricog Technologies, ThinCI Inc and Quantiply:
- Tricog Health is a deep tech AI startup that aims to solve the healthcare challenge of heart disease. The startup utilises a advanced machine learning algorithems and a team of cardiologists to launch the Tricog ECG, a solution for healthcare workers worldwide to diagnose heart diseases in real-time.
- ThinCI Inc builds energy-efficient computing platforms that support AI applications like deep learning, vision processing and machine intelligence. The company’s focus is on technology that would allow AI to be embedded into mass market devices to encourage its ubiquity.
- Quantiply uses AI to automate and speed up the Anti-Money Laundering and Know Your Customer processes in financial institutions. The company provides a largely automated intelligencet alert system, with the goal of helping financial institutions implement controls against financial crimes.
The company did not disclose the values of investments into these companies, but an official announcement will be made at the organisation’s inaugural Deep Tech Summit, a Southeast Asian deep tech event that brings together thought leaders from major innovation hubs around the world to explore how emerging technology developments will transform society.
Happening as part of the Singapore Week of Innovation and Technology (SWITCH), the Deep Tech Summit is a full-day conference that allows stakeholders from across the deep tech ecosystem to converge.