THELOGICALINDIAN - The burghal of Bogota in Colombia aloof appear it will accounts blockchain companies through a blockchain advance affairs The affairs alleged Hub Blockchain Bogota will bear costs to 100 companies developing blockchainbased solutions This is allotment of a alternation of initiatives destined to improve Bogota and about-face the arena into a acute city
**Editors update: This commodity was adapted to reflect the Bogata fund’s absolute from Colombian pesos to U.S. dollars. The antecedent adaptation was incorrect.
Bogota Programs Will Finance Blockchain Startups
The burghal of Bogota will support blockchain companies with absolute costs through a alternation of allotment programs. The program, alleged Hub Blockchain Bogota will bear 2.8 billion pesos ($740K) to blockchain-based companies with advantageous initiatives. The Jorge Tadeo Lozano University, Innpulsa, and Biointropic y Tribe Accelerator Singapur are additionally acknowledging this initiative.
The companies absorbed will accept to present their proposals to Fitic, the Bogotá Innovation, Technology, and Creative Industries Fund (FITIC). This academy will adjudge what account will be acceptable for accepting financed. The projects will the best avant-garde account directed to break problems in the burghal will accept the advantage.
Each startup will accept from 10 actor up to 50 actor pesos to advance its proposals. The startups called will additionally get abstruse admonition from FITIC to apparatus their ideas. The academy expects to account 100 startups with this program.
Making a Smarter City
The Hub Blockchain Bogota affairs is allotment of a bigger action to accomplish Bogota a smarter city, according to its mayor, Claudia Lopez. There are added programs afterward this administration for added industries too. Design Bogota seeks to reinvent the companies in the burghal alms articles and casework through the acceptance of new technologies. Another affairs alleged Innovative Green Businesses will armamentarium companies developing initiatives to appulse the ambiance in a absolute fashion.
Lastly, Environment 2024 will ability accepted companies to advance new tech-based articles and services. Mayor Claudia Lopez stated:
This movement is affidavit of the accent that cities are giving to new technologies like blockchain. Colombia launched a Bitcoin head aftermost ages partnering cryptocurrency exchanges with cyberbanking operators. This can advance to the clarification of its authoritative framework to accept added cryptocurrency and blockchain-based companies in the future.
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