The Singapore FinTech Festival takes place from November 11th through the 15th, advertised as one of the largest FinTech exhibitions in the world. It showcases the innovations of a number of large financial institutions, such as DBS, Standard Chartered, Bank of China, as well as national pavilions from countries like Canada, Japan, France, and Germany. It’s hard to ignore the growing influence of blockchain solutions, as the technology becomes more and more an integral part of the FinTech Scene.
This year’s blockchain pavilion was hosted by OpenNodes, a Singaporean blockchain ecosystem consisting of investors, government agencies and civil servants, enterprise leaders and solutions providers like VeChain. Established by the Infocom Media Development Authority of Singapore and Tribe Accelerator, OpenNodes brings together companies like BMW, Ernst & Young, PwC, IBM, and Intel to help connect blockchain use-cases with real world application.
OpenNodes is an impressive result of Singapore’s thriving blockchain culture mixed with progressive regulatory structure and corporations willing to work with local companies and startups. The “Hyperconnected Singapore Blockchain Ecosystem” organizes events for blockchain companies to interact with top enterprises, allowing the technology to develop and mature in a structured and supported environment.
As the only public blockchain with an enterprise-grade approach to supply chain solutions, this gives VeChain an important opportunity to explore and optimize the depth of their solutions. Throughout the week, VeChain’s team had the opportunity to show off their solutions with corporate and organizational delegates, other exhibitors, and around 45,000 other visitors to the week-long event.
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