Blockchain Embassy Asia (bce.asia), a Malasya-based non-profit, recently established a steering committee to educate organizations in Asia about the l
Blockchain Embassy Asia (bce.asia), a Malasya-based non-profit, recently established a steering committee to educate organizations in Asia about the legal and technical implications of Blockchain.
The organization is using and promoting blockchain governance as a method of collaboration between businesses and communities in Asia, according to their website bce.asia.
The Malaysian Steering Committee includes nine “ambassadors” with different specialities. According to cryptocoinnews, they are: RHB, trustee ambassador; MahWengKwai & Associates, legal ambassador; Maybank, banking ambassador; Capital Bay, invoicing ambassador; 1337 Ventures, community ambassador; chain of things, IoT ambassador; ATA-Plus, fintech ambassador; iTrainAsia, education ambassador; and R1, technology ambassador.
Furthermore, the Blockchain Embassy Asia works on various projects that promote blockchain technology across the region. The organization has provided paid workshops and ideation sessions to organizations interested in distributed technologies, wrote cryptocoinnews.com.
Also, the embassy offers a secure web-accessible platform, where blockchain-driven products can be created in a controlled environment. Thus, the company stimulates partnerships and the development of prototypes.
“We bridge the technical divide between organizations, national agencies and regulators throughout the region”, stated the Blockchain Embassy Asia on their website bce.asia.
In addition to providing collaboration between different industries, the non-profit assists them with legal help. As companies willing to adopt blockchain can face regulatory problems, bce.asia helps them with legal frameworks for their prototypes, wrote cryptocoinnews.com.
While the project has been launched in Malaysia, bce.asia has reached out to partners throughout the whole continent, concluded cryptocoinnews.com.