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New blockchain center opens in New York amid cryptocurrency market woes

New blockchain center opens in New York amid cryptocurrency market woes

January 11, 2019

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The city of New York has a new blockchain center.

Opened by the New York City Economic Development Corporation (NYCEDC) as part of a partnership with FuturePerfect Labs (an affiliate of FuturePerfect Ventures) and GBBC Labs (a subsidiary of the Global Blockchain Business Council), the new facility is expected to play a significant role in developing the city’s blockchain ecosystem.

The center, located in the city’s Chelsea district, will seek to provide entrepreneurs and innovators with business support, space, and mentorship.

It will also bring together industry, government, investors, innovators, and academia in a bid to advance the dialogue about how New York can establish a suitable regulatory environment which protects consumers without stifling innovation.

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