On 7 September 2020, blockchain platform Zilliqa announced the eight companies that will join their ZILHive Accelerator program. Lasting six months, the program is targeted towards early and late-stage startups, helping them use the Zilliqa protocol to build their blockchain solutions. This year, the focus is to promote blockchain in Open Finance (OpFi) and democratizing finance.
Three of the eight chosen startups include Propine, a Singaporean end-to-end digital securities services firm, Moonlet, a Romanian cryptocurrency wallet, and Moonlight, a U.S. decentralized self-sovereign identity solution. The companies will be trained in various business areas, from design thinking to fundraising.
Zilliqa has also launched the ZILHive Open Finance consortium. It consists of various firms and the eight chosen startups, all working towards creating a collaborative blockchain ecosystem. Ivan Poon, CEO of Switcheo Network, one of the participating firms, says “ZILHive Open Finance consortium is a testament to the power of collaboration in enacting meaningful change.”
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