Blockchain. Whether you think its another one of those proverbial flash in the pan tech trends or it’s the future of technology, there’s no denying one thing: Blockchain is fastest growing tech skill in Asia. The ability to work in the disruptive technology sphere of blockchain has quickly become a must in the Asia Pacific region, and GBCI Ventures, is poised on the forefront, ready to take the blockchain revolution to the next level.
Data from professional social media network LinkedIn published in June shows that blockchain has become one of the most sought-after skills in the Asia Pacific, and its no wonder why. Private entities are starting to adopt blockchain, and many governments have already expressed a keen interest in the application of blockchain technology in the public sector.
GBCI Ventures sees this growth and is ready to take the lead in blockchain. With a strong belief in that we not only should, but must capitalize on the nascent technology, GCBI has put its money where its mouth is, with strong projects aimed at developing Asia into the blockchain powerhouse it is destined to become.
GBCI Ventures isn’t just about developing blockchain and its related technologies. We see the value of multi-field talents and are actively looking to help develop these talents. We see the value of developing and upgrading skills in other fields of technology. GBCI understands that the future lies in applying these tech skillsets to get past industry roadblocks.
In January of this year, GBCI launched a fund, to the tune of USD$100 Million, with the fund dedicated towards helping develop the city of the future. The smart city development fund focuses on the tech of the future: artificial intelligence, virtual reality, the internet of things, robotics, big data, and blockchain. Douglas Gan, the CEO and co-founder of GBCI, envisions the smart city as bringing a higher quality of life for its people, and blockchain looks to be an integral part of this vision.
And in April, GBCI revealed Building Cities Beyond (BCB) Blockchain, our very first venture company. BCB, which has 100 team members across the countries of Singapore, Myanmar, Thailand, China and the Philippines, will launch regional blockchain accelerators and build the foundation for smart city solutions on the BCB Blockchain Protocol.
Meanwhile, GBCI announced a lead investment in Cailu, one of China’s leading blockchain media platforms. The $10M investment signals the firm’s strong commitment towards innovation in the blockchain sector. We think of Cailu as a major player in the blockchain world, and believes that they will contribute to the growth of a robust blockchain ecosystem.
These developments indicate the obvious: we want to push blockchain development forward. With trustless tech on the rise, the company looks to lead the tech community in capitalizing on the benefits blockchain development and innovation brings to the table.
We want companies to focus what they need to do: innovate. This is why GBCI provides entrepreneurs with the key resources and business infrastructure needed to get their project off the ground. GBCI’s help is invaluable in ensuring a company can get to the nitty-gritty of research and development while being freed of the concerns of infrastructure.
Blockchain is still very much in its infancy as a technology, with may more applications for the tech yet to be found and explored. Innovation will continue to flow, and with that comes the need to help the firms and individuals who will drive these changes. GBCI Ventures brings to the table a clear vision of empowerment for the city of the future, the burning desire to bring together the new generation of leaders in technology and the smarts to help these tech hopefuls reach their dreams. For GBCI, Blockchain is the bridge that will bring us all to the future.
GBCI is continuously on the lookout for multi-field talents; visit www.gbci.vc/career to see vacant posts. For more information, visit www.gbci.vc
About the Author
Lee Changjin is a General Partner and co-founder of GBCI. Changjin is an ecosystem strategist, with a strong background in information technology and services. He has built ecosystem platforms for the various vertical industries, such as sports and fitness, food and beverage, real estate and fintech. His experience with e-commerce, big data, cloud, mobile apps and fintech solutions is instrumental to building smart cities in Asia.
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