NEM launches blockchain tech hubs in Australia and New Zealand

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NEM has announced the launch of two NEM Blockchain Hubs, one in Australia and the other in New Zealand, to serve as an education and knowledge hub for blockchain technology.

The hubs will have a dedicated NEM representative responsible for sharing the basic foundations of blockchain and cryptocurrencies with the public, while also supporting startups and larger enterprises looking at using blockchain for their business.

Located at The Precinct in Brisbane’s Fortitude Valley and EPIC Westport at Westport, the hubs will host regular activities, workshops, hackathons and forums throughout the year.

The NEM Blockchain Hubs have a two-pronged purpose, said NEM.io Foundation’s Expansion Director for Australia and New Zealand, Jason Lee, the first being to educate the general public and businesses about the benefits of blockchain, and the second being to attract software developers, startups and the wider blockchain community to explore and develop use case of the NEM blockchain technology platform.

He also stated the Foundation has an existing fund which has been helping kick-start six companies in Australia and New Zealand. At the time of writing, there is approximately AUD$100 million (300 million XEMs) allocated to this fund globally.

The NEM Blockchain Hub in Brisbane is hosted by TravelByBit, a NEM funded company that is on a mission to open up Australia to digital currency tourism. It has built a network of local tourism businesses across regional Australia, allowing travellers to pay for goods and services with digital currencies without the hassle of foreign exchange rates.

In New Zealand, the hub at Westport is hosted by the CerebralFix Group, a gaming studio that works with Disney, DreamWorks and the BBC and had recently developed the ‘MatchNEM’ game. The hub in New Zealand will have a co-working space, regular education and engagement activities as well as an incubation platform for businesses leveraging the NEM blockchain.

The Foundation is hosting a launch event at EPIC Westport on Wednesday, 25 July, and at The Precinct on Friday, 10 August.

The Foundation has presence in over 100 cities in 47 countries, including Australia and New Zealand. Since the inception of the local operations in November 2017, the NEM Australia and New Zealand team, now made up of eight full time employees, have been focused on giving educational talks around the country—‘NEM 101’—and developing partnerships with academia and businesses interested in blockchain technology.

 

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