Babbitt reported on the spot that on December 10, the 2019 Blockchain Innovation Application and Digital Economy Summit Forum opened in Hangzhou. At the conference, the Singapore Hangzhou Science and Technology Park International Blockchain Center (SIBC) officially kicked off. Hu Mengdi, co-founder of Babbit Accelerator and SIBC executive director, shared that SIBC was co-sponsored by Babbit, Singapore ’s Hangzhou Science and Technology Park, and the New Zealand Digital Economy Development Foundation. Established, it will provide six major functions for the enterprises settled. First, Yiqiao Bridge + membership system; second, providing guidance and consulting support plans; third, providing office space, media support, and activities for international blockchain companies. Incubation and acceleration services such as community, international inspection, and resource docking; Fourth, to become a "blockchain + future community" pilot; Fifth, to provide legal services such as international compliance legal consultation, subject registration, and legal opinion. Sixth, provide blockchain industry and technical training.