#sginnovate

[genicsolutions]

Exploring the Expansion of Software Development in Singapore

Singapore's software development sector is rapidly expanding, fueled by government support, a skilled workforce, and strategic location. It hosts multinational tech firms, fosters startups through initiatives like SGInnovate, and promotes innovation hubs like one-north. Singapore's commitment to digital transformation ensures sustained growth in software development.

[mobiloittet]

Singapore Embraces Artificial Intelligence as a Key Driver of Innovation

Artificial intelligence (AI), transforming industries worldwide, has placed Singapore at the forefront of this technological revolution. Through a collaborative effort between the government, academia, and industry, Singapore aims to establish itself as a global AI leader. This endeavor focuses on developing innovative AI algorithms and models, applying AI to real-world challenges, building a robust AI ecosystem, and ensuring the ethical and responsible development and use of AI.

Singapore's National AI Strategy: A Comprehensive Plan for AI Leadership

In 2018, the Singaporean government unveiled the National AI Strategy, a comprehensive roadmap to position the country as a global AI leader. This strategy rests on four key pillars:

Nurturing AI Talent: Singapore is making significant investments in education and training programs to cultivate a skilled AI workforce.

Fostering Innovation and Adoption: The government provides financial support and resources to AI startups and companies, while simultaneously creating a regulatory environment conducive to AI innovation.

Strengthening Research and Development: Singapore boasts several world-class AI research institutions, and the government actively supports their endeavors.

Building a Trusted and Secure AI Ecosystem: Singapore is committed to ensuring that AI development and implementation adhere to ethical and responsible principles.

AI Applications Revolutionizing Singapore

AI is already making a significant impact across various sectors in Singapore, including healthcare, finance, and transportation. Here are a few notable examples:

AI-powered Medical Diagnosis: AI algorithms analyze medical images, such as X-rays and CT scans, to identify potential health issues, aiding in early diagnosis and treatment.

AI-driven Financial Fraud Detection: AI systems flag suspicious financial transactions in real time, safeguarding individuals and institutions from financial scams.

AI-optimized Traffic Management: AI systems optimize traffic flow and reduce congestion, leading to smoother and more efficient transportation systems.

Singapore's Thriving AI Ecosystem: A Hub for Innovation

Singapore's AI ecosystem is flourishing, with numerous startups, companies, and research institutions actively contributing to the field. Some prominent players include:

SGInnovate: A government-backed investment agency dedicated to supporting deep tech startups, including AI startups, fostering innovation and growth.

Nanyang Technological University (NTU): Home to leading AI research centers, such as the Nanyang AI Institute and the NTU-Singapore Institute of Artificial Intelligence, driving AI research and development.

National University of Singapore (NUS): Home to the NUS Institute of Data Science, conducting cutting-edge research on AI and other data-driven technologies, advancing the field.

The Future of AI in Singapore: A Promising Outlook

AI is poised to play an increasingly pivotal role in Singapore's economy and society in the coming years. The government's unwavering commitment to AI development, coupled with the country's robust AI ecosystem and a wealth of AI talent, positions Singapore as a global leader in the AI landscape.

Conclusion: Singapore at the Forefront of AI Innovation

Singapore stands at the forefront of the AI revolution, well-positioned to maintain its leadership role in the years to come. The government's unwavering support for AI, the country's thriving AI ecosystem, and the deep pool of AI talent in Singapore will undoubtedly contribute to Singapore's continued success in this transformative domain.

[ahnewsworld]

Singapore's VC scene looks set for a 'pretty decent' 2023: SGInnovate

Singapore’s VC scene looks set for a ‘pretty decent’ 2023: SGInnovate

Singapore’s tech start-up scene has grown in recent years, and the city-state ranked seventh in the latest Global Innovation Index 2022. Ore Huiying | Bloomberg | Getty Images Global venture dollars may have dropped in 2022, but Singapore’s government-owned tech investment firm is optimistic about 2023. “2023 is probably going to be a pretty decent year for venture capital in Singapore,”…

[btcmanager]

Singapore is Using a Blockchain Solution to Manage COVID-19 and Medical Records

Singapore is Using a Blockchain Solution to Manage COVID-19 and Medical Records

SGInnovate—a government-financed investment firm, and Accredify—a local startup which specializes in life-cycle management product and document verification, is rolling out an efficient, transparent, and secure blockchain-based digital health passport  to support the management of medical records according to a ZDNet report on Sep 30. Management of Medical Records Using Blockchain As the Coronavirus scourge continues to claimRead More

https://btcmanager.com/singapore-blockchain-solution-covid-19-medical-records/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP

[qjawe]

#TTDock speaking at Blockchain Night @ SGInnovate Tickets, Mon, 31 Jul 2017 at 7:00 PM http://bit.ly/2uzwF6u #TTDocks #blockchain #sginnovate #doinnovate #bitcoin #ethereum #hyperledger #night #Entrepreneur #Entrepreneurship #startup #ico #tokenoffering #token #startups #communtiy #founder #founders (at SGInnovate)

[e27today-blog]

[mithackmed]

We’re back from Singapore!

Soaring skyscrapers, architectural wonders, spotless streets and sidewalks, it would not come as a surprise to many that Singapore (SG) is a relatively young country. Having attained independence in 1965, Singaporeans quickly set about building a country in a way to distinguish themselves from the much larger countries around them. For a population as diverse as Singaporeans, this was no mean feat. In a land mass 1/4 the size of Rhode Island, the 6 million citizens represent a diverse ethnic and religious spectrum. There are Malays, Chinese, Indians, Christians, Muslims, and Buddhists. What then ties these people together? A strong sense of national pride, or rather in the principles that have made this small island a thriving tourist destination and a financial hub of the world.

My first conversation in SG was with my taxi driver from the airport. From this, it became clear that the driving force of the country was the populations’ strong work ethic. He explained that few welfare programs exist, as the pervasive thought is that nobody should expect a handout if they do not contribute to society in the form of work. The government also employs strict rules it expects everyone to abide by, and reinforces this through the strictest punishment: corporal punishment in the form of caning is often handed out to perpetrators of vandalism. The right to protest is nonexistent, and the country has been ruled by the same party for the last 60 years, and has had 3 rulers: 2 of which are father and son.

National military service is required of all men. Rights are often curtailed in the interest of public good. For example, Singaporeans must pay a SGD 100 entry fee to casinos on the island, although foreigners are exempt from this. The logic behind this and other similar rules, are that they are all in the greater good of the country and its citizens. Other laws ensure preferential treatment of citizens: A 40% property purchase tax is levied on foreigners but not citizens, in an attempt to keep real estate prices low. As a result, 85% of Singaporeans own their home. 

The population seems content with this arrangement, by and large. While sectarian tensions often simmer, this quasi-nanny state has ensured that SG is a safe (crime is virtually nonexistent), clean, and friendly place to live. That it has managed to do this without citizens demanding greater welfare programs is quite remarkable. Healthcare is a prime example of this.

The government plays a leading role in the advocacy for sustained population health. Through heavy alcohol and tobacco taxation, and other public health campaigns and initiatives, this policy is rooted in the belief that prevention provides the cheapest and most effective way of keeping people healthy (while an entrée at a restaurant can be as cheap as $2, the local beer sells for $5-$10). 

70-80% of healthcare is provided by the public sector. Citizens are covered by a single universal basic coverage, although it is not free. Instead, citizens are mandated to place a certain percentage of monthly income into a Central Provident Fund (CPF) account, which is roughly equivalent to social security in the US, but also includes enrollment in the healthcare program, called MediSave. Medisave essentially acts as a savings account for each individual/family. Medisave provides subsidized healthcare to citizens, and the out of pocket expense comes out of the Medisave account. In this way, unnecessary tests, hospitalizations, and medical expenses are curtailed, while still remaining affordable. Medisave, however, can only be used in the public health system. While public hospitals and clinics provide efficient, high quality of care, certain things can be lacking. The lack of a primary care provider or family doctor is an example of this. Also, the lack of risk (and thus, resource) pooling of Medisave accounts, open the door for the possibility of an individual incurring huge expenses for an unforeseen chronic medical condition. As a result, citizens often purchase additional insurance such as catastrophic/accident or pre-cancer insurance riders.

This is not to say that the poor or needy go without healthcare if they are unable to pay. Other government programs include ElderShield (for the elderly but only up to 85), MediFund (for the poor), and Medishield (which helps offset catastrophic accident medical bills). In this respect, it is not unlike the health systems of the west. However, the admirable work ethic that pervades through the population seems to avoid people trying to take advantage of this system and allow it to be viable.

While lacking in some respects, this structure has allowed SG to run one of the most efficient health care systems in the world, with ~4% of GDP spent on health care, compared with the US’ 17%.

On February 10, 2017, 6p.m., 80 clinicians, developers, entrepreneurs, and engineers watched the kickoff, listened to an esteemed panel, including Foreign Minister Vivian Balakrishnan, who helped us understand the importance of social robotics. In particular, the main takeaway is to remember that technology needs to complement the human user, not replace or make us obsolete.

31 pain points later, 12 teams formed. Teams chose to tackle problems ranging from fall prevention to medical compliance to physical therapy, each team incorporating a Loomo Segway into their solution. Some teams hacked 48-hours straight from the first day to the last to get their prototypes ready for final presentations!

Because everyone used a robot, each team pitched the standard 3-min presentation but also had 2 min to demo their in front of the audience. Judges had an extremely difficult time deliberating the top 3, and here were the winning teams:

Bot-ler: using Loomo’s mechanical advantage to handle challenges that involve manpower in nursing homes, including pushing wheelchairs and pulling heavy items.

D.O.R.I.: inspired by the Finding Nemo character, D.O.R.I. identifies patient with facial recognition and tracks mental decline by conversing and playing memory games in order to detect and treat Alzheimer’s early on.

Nurse on Wheels: extending the nurse’s hands, ears, and eyes into the patient’s home to monitor chronic patients with hypertension, which is clinically known to give rise to many other long-term health complications.

We’re proud of all the teams for using a full-fledged robot into their healthcare hacks and coming up with real solutions specific and generalizable to the needs of elderly care in Singapore. It was a great opportunity for the MIT HackMed team to learn about Singapore and some of its healthcare challenges! Can’t wait to see the post-hack follow-up for teams in a few months!

[thriveyourbusinessnow-blog]

[Updated] Meet the 3 Singaporean blockchain startups showcasing at Algorand Asia Accelerator’s demo day

Updates: Changes have been made on the no. of teams, location based and some details have been removed as requested by LongHash.

LongHash Ventures, a global blockchain accelerator and VC fund headquartered in Singapore, has announced the 10 startups that will take the virtual stage for  Algorand Asia Accelerator’s demo day on Jan 22nd.

Out of the 10 startups, 3 are from Singapore while the remaining teams come from Australia, Europe and USA.

Algorand Asia Accelerator is a 3-month programme that provides selected startups with US$15,000 in seed funding. In addition, the startups were provided with end-to-end support in strategy formulation, go-to-market execution, as well as subject matter guidance across technology, mentorship, token economics, marketing and fundraising.

The primary objective of the accelerator is to accelerate the vision of Finance 3.0 to a much wider audience. For the uninitiated, Finance 3.o is the name given to an open financial system, which provides more control to users and reduces or eliminates middlemen, fees, charges, penalty, etc.

According to a LinkedIn post written by a company spokesperson, the startups have raised US$2.5 million in funding prior to demo day.

In 2019, LongHash Ventures kickstarted , a programme designed for blockchain startups. It saw participation from industry leaders, such as Fenbushi Capital, HashKey Capital, Kenetic Capital, and Dragonfly Capital, with Ethereum Foundation, Maker, Synthetix, and InstaDApp.

Below are brief profiles of the Singaporean startups that will be showcasing on the demo day, and the remaining teams can be found on their demo day website:

DEXTF

An on-chain, non-custodial asset management protocol, which allows the creation of a digital fund in a matter of minutes where investors from around the world can invest in.

Founded in 2017, the startup has been funded by LuneX Ventures and SGInnovate and has been awarded the Financial Sector Technology Proof of Concept Grant by the MAS (Monetary Authority of Singapore) twice.

EasternBlu

A decentralised registry of music copyrights that brings transparency and efficiency to royalty ownerships and payments.

The platform currently has over 15,000 songs registered in its platform. The company also claims to be the “first micropayments and blockchain-based music registry” in China.

MugglePay

A consumer to business (C2B) payment solution enabling global, instant and low-cost settlements via cryptocurrency.

Founded in 2018, the company’s partners include OKEx, Shopify, WHMCs, PARSIQ, Celo and TRON.

You can sign up for the demo day here.

—

Image Credit: Unsplash

The post [Updated] Meet the 3 Singaporean blockchain startups showcasing at Algorand Asia Accelerator’s demo day appeared first on .

This content was originally published here.

[krapalm]

Resync Technologies ระดมทุนรอบ Series A มูลค่า 2 ล้านดอลลาร์จาก GGV Capital พร้อมสร้างอนาคตพลังงานสะอาดด้วยเทคโนโลยี AI

Resync Technologies (Resync) ผู้ให้บริการโซลูชันการจัดการพลังงานอัจฉริยะด้วยเทคโนโลยี AI สำหรับอาคารอัจฉริยะ และระบบที่ใช้แหล่งพลังงานยั่งยืนหลายแหล่ง ประกาศว่า บริษัทประสบความสำเร็จในการระดมทุนรอบ Series A มูลค่า 2 ล้านดอลลาร์สหรัฐจาก GGV Capital ซึ่งเป็นธุรกิจร่วมทุนระดับโลก หลังจากที่ก่อนหน้านี้บริษัทได้รับเงินทุนเริ่มต้นทำธุรกิจจาก SGInnovate, EntrepreneurFirst, August One และ Prasetia…

[qjawe]

Full house of Blockchain Night@SGInnovate Tickets, Mon, 31 Jul 2017 at 7:00 PM http://bit.ly/2uzwF6u #TTDocks #sginnovate #doinnovate #bashsg #sgstartup #sgstartups #tenx #bitcoin #blockchain #startups #startup #startupsg #Entrepreneur #Entrepreneurship (at SGInnovate)

[moneyhealthfinance-blog]

YCH's SCAngels, SGInnovate give Singapore deep tech startups a leg-up

Wed, Dec 13, 2017 – 2:01 PM SUPPLY Chain Angels (SCAngels), the corporate venture arm of YCH Group, on Wednesday announced its partnership with SGInnovate to bolster Singapore’s deep tech startup scene. Under the Startup SG Equity scheme, SCAngels will set aside an initial investment of S$ 10 million to bankroll early stage startups focusing on technologies, including artificial intelligence…

[hyipblog]

Singapore to Implement Blockchain-powered Health Passport

New Post has been published on https://blog.hyip.com/2020/10/singapore-to-implement-blockchain-powered-health-passport/

Singapore to Implement Blockchain-powered Health Passport

Government-owned investment company SGInnovate in partnership with Singaporean startup Accredify have introduced a blockchain-based digital health passport. For the pilot, the health passport app was introduced as a new feature in the Singapore Manpower Ministry’s FWMOMCARE a

[krapalm]

Resync Technologies ระดมทุนรอบ Series A มูลค่า 2 ล้านดอลลาร์จาก GGV Capital พร้อมสร้างอนาคตพลังงานสะอาดด้วยเทคโนโลยี AI

Resync Technologies (Resync) ผู้ให้บริการโซลูชันการจัดการพลังงานอัจฉริยะด้วยเทคโนโลยี AI สำหรับอาคารอัจฉริยะ และระบบที่ใช้แห��่งพลังงานยั่งยืนหลายแหล่ง ประกาศว่า บริษัทประสบความสำเร็จในการระดมทุนรอบ Series A มูลค่า 2 ล้านดอลลาร์สหรัฐจาก GGV Capital ซึ่งเป็นธุรกิจร่วมทุนระดับโลก หลังจากที่ก่อนหน้านี้บริษัทได้รับเงินทุนเริ่มต้นทำธุรกิจจาก SGInnovate, EntrepreneurFirst, August One และ Prasetia…

[truthblockchain]

Singapore Using Blockchain For Covid 19 Discharge Memos

Singapore has developed a blockchain-powered application touted to better manage and secure medical records. Enabling healthcare data to be stored in a digital wallet, the software has been used in a pilot in which COVID-19 discharge memos have been verified more than 1.5 million times.

Government-owned investment firm SGInnovate and local startup Accredify jointly developed the "digital health passport" to support the management of medical records. Work on the application had begun in May during the height of the global pandemic, when SGInnovate roped in Accredify on the project. The Singapore startup specialises in document lifecycle management products, including document management and verification.

Funded by the Ministry of Finance, SGInnovate focuses its investment on deep tech startups that work on emerging technologies such as artificial intelligence, quantum technology, and medical technology.

https://www.google.com/amp/s/www.zdnet.com/google-amp/article/singapore-touts-blockchain-use-in-covid-19-data-management/

[qjawe]

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IoT and Supply Chain Finance on FlutterPay BlockChain #FlutterPay #supply #chain #supplychain #blockchain #blk71 #iot #startups #startup #Entrepreneurs #startupsg #sgfounder #sginnovate #sgstartup #sgstartups (at FlutterPay)