Home Market NEM.io Foundation launches Melbourne blockchain hub

The NEM.io Foundation — a Singapore-founded non-profit dedicated to the development of NEM blockchain technology — has launched a new blockchain hub in Melbourne as part of its plans, which it says are aimed at expanding Australia’s thriving blockchain ecosystem.

Announcing the move on Monday, NEM Foundation Australia said the new hub in Melbourne would serve as a central location for blockchain innovation where dedicated NEM representatives will be present to engage with both the public and members of the community “to help them better understand the basics of blockchain technology and cryptocurrency”.

NEM also says launch of the new hub will also be a way to continue to grow the company’s ecosystem of partners and help support start-ups who are interested in adopting the technology for their business – through regular activities, blockchain workshops and forums held throughout the year.

“The launch of the NEM Blockchain Hub in Melbourne is a strong sign of our commitment towards supporting innovation in Australia and the world,” NEM Foundation’s Australia and New Zealand lead Jian Chan said.

“Having first launched our Australian operations at the FinTech Australia intersekt festival last year, NEM is now present in over 40 countries.”

Chan said the NEM.io Foundation — creators of the peer-to-peer NEM blockchain platform and the XEM cryptocurrency — plans to launch further hubs across the Asia Pacific region as part of its global expansion strategy.

The announcement of the new Melbourne hub follows the launch of similar NEM.io blockchain hubs in Brisbane and Westport, New Zealand over the last year.

“We are excited by the opportunity for blockchain in Australia and are thrilled to be moving to the Victorian Innovation Hub as part of this initiative,” Chan said.

According to Chan, NEM’s presence and recognition within Asia Pacific had grown considerably over the last 12 months and the launch of the blockchain hub was a logical next step.

Chan also manages the hubs and will be the point of contact for growth in the Australian-New Zealand region.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

 

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