New York City aims to become the center for blockchain innovation. The leaders in the city noted that the industry is fast growing. In fact, since 2015, the demand for blockchain jobs increased by more than 800%.
On Monday, the New York City Economic Development Corporation (NYCEDC) announced two initiatives to support the growing blockchain industry.
First, the city will establish the NYC Blockchain Resource Center, which will serve as a physical hub for the industry. It will increase public awareness about blockchain technology through education. The center will also connect entrepreneurs to business support mentorship, advisory services to help them start new ventures.
In addition, the NYC Blockchain Resource Center will convene industry stakeholders, government, consumer advocates, and investors around the city to begin discussions about regulation.
Second, New York City will launch a blockchain competition to develop apps that help improve public sector services and processes.
Blockchain will help strengthen New York’s position as the financial capital of the 21st century
