Coinbase has launched an engineering center in Singapore to develop the local developer ecosystem and strengthen Singapore's position as a key hub for blockchain innovations in the Asia-Pacific region 🏗️

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Coinbase has launched an Engineering Center in Singapore to develop the developer ecosystem and support blockchain innovations in the Asia-Pacific region. A partnership with the Economic Development Board (EDB) will help local engineers create an accessible crypto economy.

Filbert Gomez from DISG noted that the center will expand opportunities for product engineering professionals and strengthen Singapore's status as a hub for blockchain innovations.

Singapore is investing 1% of its GDP in the "Research, Innovation, and Enterprise 2024" plan to enhance competitiveness. The new center will provide resources and training for engineers, allowing for the development of local talent and the blockchain ecosystem. 56% of financiers in Singapore believe that cryptocurrency is the future of finance.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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