In an effort to serve the needs of the fast-growing industry, NYCEDC will launch the NYC Blockchain Resource Center. The center will serve as a physical hub for the industry, building public awareness for blockchain technology through education, and connecting entrepreneurs to business support, mentorship, advisory services, and a community of peers to help them launch and scale new ventures. The center will also convene industry stakeholders, government, consumer advocates, and investors to begin a conversation around how New York City can create a regulatory environment that will support both consumer safety and innovation.
Built on the foundation of the City’s successful NYC BigApps contest, the City will launch a competition to catalyze blockchain innovation and source government use cases for the technology. The competition will include a series of workshops to educate those in government about blockchain and identify meaningful use cases to solve challenges like security, efficiency, and turn-around times for government services. There will also be free educational workshops to teach the public about the technology and source ideas.