Cisco Opens a New Center in Singapore
The large IT company opened a new center in Singapore to explore Blockchain technology.
International technology and IT company Cisco , according to a report published on 25 February in the Bangkok Post, Singapore ‘the Joint Innovation Center opened.
What will the Center focus on?
Cisco’s CTO, Dave Ward , said the center, which has 14 worldwide and last opened in Singapore, will help foster the development of new technologies in the region. According to CTO’s statement, the company’s focus will be on the Joint Innovation Center in Singapore, the Internet of Things (IoT) and Blockchain technology .
In addition, the company will present various prototypes and will try to use the potentials of the new technology in different commercial contexts, in the field of public administration and in the field of education.
On the other hand , it is rumored that the Joint Innovation Center will manage and show off the Rotterdam Project . This project is planned to automate various aspects of port operations including vehicles, cargoes, cranes, rails and water levels until 2023. Ward says the same technology can be used for ports in Thailand.
Cisco and Blockchain
Cisco has been actively developing Blockchain technology in recent years. In July 2017, the company announced its participation in the world’s largest open-source Blockchain enterprise, Enterprise Ethereum Alliance .
In addition, in March 2018, the company filed a patent application to the United States Patent and Trademark Office for a reliable group communication method based on Blockchain technology. You can reach our news about this here .
The project addressed the common challenges facing messaging groups and was introduced by the company as follows:
The application we’re working on will allow improvisation and decentralized groups, dynamic and decentralized membership updates, open shares, and tracking of your membership history.
In addition to large corporations such as Cisco , government agencies and in particular educational institutions invest in Blockchain technology and make great efforts to understand this new technology. For example, earlier this month, he had opened a Blockchain research center on the Fudan University campus , one of the largest universities in China .