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Colombian capital supports blockchain and emerging tech with $2.3M fund

Colombia’s cash of Bogotá is funding blockchain progress as element of the city’s broader expenditure in impressive systems.

According to a Monday announcement on the city of Bogotá’s official website, the municipal govt will present 8.8 billion Colombian pesos ($2.3 million) to regional companies as section of four new packages in the city’s Innovation, Technology and Artistic Industries Fund, or FITIC.

The new funding contains a contribution of of 2.8 billion pesos, ($739,000) to the progress of community blockchain startups via a system called “Hub Blockchain Bogotá.” The challenge aims to aid 100 blockchain-focused businesses in purchase to strengthen their

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