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​New York launches Blockchain Technology Learning Center

2019-01-11 10:14 am | Resource: News Section | No Views : 103

​New York launches Blockchain Technology Learning Center New York City is set to begin testing Blockchain technology in various usage cases later this year.
The new Blockchain Center of the New York-based Economic Development Corporation (EDC) opened Thursday and plans to begin testing technology usage in the fall, Bloomberg reported Thursday.
The Center is part of a partnership with Future \ Perfect Ventures, the World Trade Organization's Blockchain Trade Council.
It is unclear at this time what areas these cases might cover. The New York Economic Development Corporation is a non-profit organization that aims to support economic growth within the city and acts as an official institution for economic development in New York.
New York City itself has contributed US $ 100,000 to the new Blockchain Center, and the facility will continue to raise funds through corporate partnerships and membership fees.
Microsoft and IBM have already partnered with the center, said Jalkop Gobanbutra, Bloomberg's Future \ Perfect Ventures managing partner.
The new center, based in Flatiron County, will offer coding lessons and hosted lectures targeting both space developers and the general public.
The move comes as a number of emerging digital currency companies are starting to lay off employees because of the continuing downward market, but this is not necessarily a concern for the center.
Anna Areno, EDC's Strategy Officer, told Bloomberg that the center "plays the long game", adding:
"It is an emerging technology, so there must be uncertainty about this evolution from year to year. While we do not know what the future holds, we want to make sure we have a table at the table."
A number of companies have recently started a store in New York, including Coinbase, the renowned digital currency exchange that opened a new office in the city last fall. It is reported that Canaan, the manufacturer of Bitcoin mining devices, is considering an initial public offering in the city.

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