Singapore and Chongqing signed 13 memorandums of understanding to support blockchain technology innovation projects

On August 26th, at the 2019 China International Intelligent Industry Expo held in Chongqing, Singapore and Chongqing, as guest countries, signed 13 memorandums of understanding, which will seek new opportunities for cooperation and development in the digital economy. The purpose is to officially launch the “China-Singapore Information and Communication Media Joint Innovation and Development Fund” for supporting information and communication media innovation projects and promoting partnerships between Singapore and Chinese companies. The total funding of 40 million yuan will be used to support innovative projects jointly developed and implemented in Singapore or China, including artificial intelligence, the Internet of Things, virtual reality and augmented reality technology, robotics and blockchain technology. .