One of the world’s most promising blockchain platforms is about to set-up shop in Melbourne.
The NEM Foundation has announced it will establish a new “blockchain hub” in the Victorian capital, which “will serve as a central location for blockchain innovation.”
“The launch of the NEM Blockchain Hub in Melbourne is a strong sign of our commitment towards supporting innovation in Australia and the world,” said NEM’s Jian Chan.
“Having first launched our Australian operations at the FinTech Australia intersekt festival last year, NEM is now present in over 40 countries.”
The announcement follows the launch of similar NEM.io blockchain hubs in Brisbane and Westport, New Zealand over the last year.
“We are excited by the opportunity for blockchain in Australia and are thrilled to be moving to the Victorian Innovation Hub as part of this initiative,” Mr Chan added.
Dr Kate Cornick, CEO of Victorian Government agency LaunchVic, welcomed the announcement, saying LaunchVic was pleased by the opportunity to work more closely with the NEM Foundation and its ecosystem partners.
“Blockchain is a fast growing and evolving technology and LaunchVic are pleased to welcome NEM.io Foundation to the Victorian Innovation Hub,” Ms Cornick said.
“This is set to become a multi-sector co-working facility that celebrates collaboration and innovation for more than 360 of Australia’s top startups, accelerators and incubators.”
Five start-ups in Australia and New Zealand have chosen to build on the NEM blockchain, including CopyrightBank, RocketShoes and TravelbyBit.