SBA and Best Collaborate To Form New Association Called Blockchain Association Singapore!

April 15, 2020 by Editor's Desk

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A NEW blockchain industry group named the BAS (Blockchain Association Singapore) has set up in Singapore, helmed by co-chairs Tan Bin Ru and Chia Hock Lai, who are from the fintech industry. The new industry group was the outcome of a merger of the SBA (Singapore Blockchain Association) and the BEST (Blockchain, Enterprise, and Scalable

A NEW blockchain industry group named the BAS (Blockchain Association Singapore) has set up in Singapore, helmed by co-chairs Tan Bin Ru and Chia Hock Lai, who are from the fintech industry.

The new industry group was the outcome of a merger of the SBA (Singapore Blockchain Association) and the BEST (Blockchain, Enterprise, and Scalable Technologies), both established in 2018.

Mr. Chia was the former chairman of SBA and is recently the president of the Singapore Fintech Association. Meantime, Ms. Tan was the former chairman of BEST. She is recently the chief executive (Asia-Pacific and UAE) at New York Stock Exchange-listed OneConnect Financial Technology.

“With Mr. Chia’s extensive experience in building the fintech ecosystem locally and internationally, as well as OneConnect’s technology capabilities and know-how in enabling digital transformation for financial institutions, both chairpersons will play a crucial role in driving innovations and impact for the blockchain industry across the globe,” BAS said.

Mr. Chia told Singapore has become a burgeoning hub for blockchain, and there is a requirement for an industry drive to promote and support the development of new and enduring players in this space.

Ms. Tan added: “Firms today will need to stay nimble and find new, effective ways to enhance their business – blockchain is one of the technologies that can create tremendous value.”

BAS has also associated with Singapore Polytechnic to assist working adults and mid-career switchers in gaining new skills to improve their employability. The collaboration is a part of BAS’s aim to develop blockchain literacy and develop a robust talent pipeline for the digital economy.

Following the Professional Conversion Programme, BAS, collectively with NTUC and Singapore Polytechnic, will run a six-month course to provide mid-career switchers with the skills required to become blockchain application, junior developers. BAS will also roll out a set of six-week courses on blockchain technology for working professionals and business executives.