Philippines and blockchain company BCB Blockchain cooperate to build smart city

According to Cointelegraph, Singapore-based blockchain company BCB Blockchain has signed a Memorandum of Understanding (MoA) with the Energy and Emerging Technologies Research and Development Council (PCIEETRD), a branch of the Philippine Department of Science and Technology (DOST). Through this partnership, BCB Blockchain will donate $300,000 to incubators and entrepreneurial accelerators in the Philippines to support the development of local smart cities.