A first of its kind program named ChainAccelerator has been launched in Paris, France at Station F. The program’s goal is to nurture blockchain startups, and it has 29 mentors from across the blockchain and finance industries as well as partnerships with 13 companies.
Some notable mentors include Leonard Schrank, former CEO of major international transaction settlement protocol SWIFT, Bibop Gresta, chairman of Hyperloop Transportation Technologies, Pascal Gauthier, president of Ledger cryptocurrency wallets, Diana Bigga from HSBC bank, and Jonathan Benassaya, co-founder of Deeezer.
Blockchain-based companies had been popping up across the different programs at Station F, so it felt the need to dedicate an entire program to blockchain startups. Station F brands itself as the world’s biggest startup campus with an entire entrepreneurial ecosystem under one roof and has 26 different startup programs. Under one program, dedicated entrepreneurs who are trying to get out of poverty can study at Station F for free.
ChainAccelerator will offer workshops on smart contracts, cryptographic security, cryptocurrency markets, and initial coin offering (ICO) legislation. It also offers its own token protocol so startups can create their own cryptocurrencies, in addition to support to facilitate ICOs. ChainAccelerator will actively matchmake blockchain startups with corporations, and will also link startups with investors. Additionally, legal, financial, business development, and marketing support will be provided.
Essentially, blockchain startups will be given all the tools and connections they need to become full-fledged companies in the ChainAccelerator program. Station F could become a major breeding ground for blockchain technology since there will be so much collaboration and experimentation between blockchain experts going on in one spot.
In general, France has a very positive view towards cryptocurrency, so it is perhaps not surprising that the first physical ‘Blockchain University’ has sprung up in Paris. The French Finance Minister, Bruno Le Maire, warned that France “should not miss out on the blockchain revolution”. Paris National Assembly member Pierre Person says France “must become a leader in blockchain”.
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