Blockchain Association Singapore collaborates with Daimler South East Asia to launch Acentrik


Blockchain Association Singapore (BAS) and Daimler South East Asia today announced a strategic partnership through the signing of a Memorandum of Understanding (MOU) to launch Acentrik, Daimler South East Asia's strategic initiative to unlock the potential of data in enterprises and enable token-based monetisation in a B2B setting.

Through this strategic partnership, Acentrik and BAS will collaborate on relevant Blockchain initiatives to engage with current and potential enterprises within the BAS community. Both parties will also work towards  driving enterprise adoption of a Blockchain-based data marketplace on a cross-industry level, contributing to the growth and transformation of businesses and industries.

Commenting on the partnership, Mr Chia Hock Lai, Co-chairman of BAS said, "We are witnessing growth in the adoption of blockchain technology across industries, including the automotive industry. As a type of trust technology, it is particularly suitable for securing data sharing and we are pleased to partner Daimler South East Asia on their new data marketplace. Blockchain is still relatively nascent, and through this partnership, we look forward to playing our part in promoting the use of blockchain technology."

BAS was established to facilitate collaboration and interaction between market participants and stakeholders within the regional and international blockchain ecosystem. The association aims to be an effective platform for members to engage with various stakeholders to find solutions to issues, while promoting best practices in a collaborative, open, and transparent manner.

"We are excited to be an official partner of BAS, to drive topics of Blockchain within the communities. Adoption is on the rise within the company at a global level, in the areas of Web3.0 apps and NFTs. With BAS, there can be many synergies, where we can create more business values in companies and driving further adoption in external enterprises," said Srikanth Kaja, General Manager of Emerging Technologies of Daimler South East Asia.

Now in the Enterprise Release stage, Acentrik is onboarding enterprises to get started on their data monetization journey.

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