IBM and Columbia University Launch Two Accelerator Programs for Blockchain Startups

David Post

David Post

New York City - 19 November 2018: IBM (NYSE: IBM) and Columbia University today announced two new accelerator programs to build and scale the next generation of blockchain innovation. As key components of the Columbia-IBM Center for Blockchain and Data Transparency, the accelerators will offer entrepreneurs and blockchain network founders around the world access to the expertise and resources they need to establish blockchain networks.

The programs will each support ten startups that are working to build out blockchain businesses and developing enterprise blockchain networks. As part of each program, participants will explore best practices for building a blockchain network with technical, academic and business mentors from IBM and Columbia. They will have access to agile design workshops from IBM, an experienced network of business and technical support, connections to the Columbia research community and student talent pools, business value design assistance and access to IBM Cloud technology through the program.

The goal of these programs is to help network founders develop their ideas into sustainable and scalable companies offering blockchain solutions. For those already further along in their journey, the programs are designed to help them achieve scale and build successful business networks. As blockchain technology continues to grow in popularity, its value is tied to the strength of the networks that use it. By helping companies build scalable solutions, the programs can foster meaningful enterprise blockchain adoption and drive business efficiencies across industries.

“The possibilities presented by blockchain technology are seemingly endless, and we are seeing strong dedication by technical talent to build game-changing applications,” said David Post [pictured], Managing Director, IBM Blockchain Accelerator. “What is also needed to truly bring about this sea change is the right technology and expertise which is why IBM is working with Columbia to help give these early- and mid-stage founders a way to build enterprise-grade networks that can move blockchain innovation forward.” More...