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In brief: Singapore’s blockchain accelerator Tribe goes virtual for batch 3

Singapore’s blockchain accelerator Tribe goes virtual

The story: Singapore’s government-supported blockchain accelerator Tribe will be going virtual for its third cohort. The batch consists of 10 blockchain companies operating in the health-tech, fintech, supply chain, data and cybersecurity industries.

Here are the 10 startups enrolled in the programme:

Accredify An edtech management company that resolves the issue of fraudulent certifications and transcripts across educational institutions.

Hashstacs: A fintech development company that builds enterprise blockchains (STACS blockchain) for banks and stock exchanges.

Humanscape: A healthtech company that increases the chances of developing cures for diseases through collection and provision of clinical, genetic, and health data on the blockchain.

Merkle Science: It provides blockchain transaction monitoring and intelligence solutions for government institutions to detect, investigate and prevent money laundering, terrorist financing, and other criminal activities.

Quantstamp: A blockchain-enabled smart contract security company.

Chainstack: It enables businesses and governments to leverage multiple blockchain networks to facilitate the deployment, orchestration, and management of decentralised apps

Sentient.io: It provides AI and data solutions integrated closely with a Data Alliance (DA) blockchain fabric.

Shalom International Movers: It encompasses a range of logistics solutions to insure high-value cargo and facilitate dispute resolutions.

Tramés: It enables diverse parties in global trade to seamlessly connect and securely exchange information.

Xfers: A blockchain-enabled ledger for payment methods that reduces efficiencies present in domestic and cross-border fund transfers.

SaaS startup Base.vn launches HRM solution

The story: Base.vn, a Vietnamese software-as-a-service (SaaS) platform, has announced the launch of Base HRM, a “comprehensive” HR solution with 20-plus integrated apps.

The 20-plus apps cover four areas  — organisational design, attendance management, performance management and people development. Developed together on Base.vn platform, these apps can be easily integrated and exchange data with one another, while the core business problems are handled separately and optimally.

“By helping companies to build up a framework for HR and giving them real time data about everything related to their management, we hope that companies would fix things faster and renovate faster. That’s our main mission in building HRMs and we know it’s a long way,” said Pham Kim Hung, CEO of Base.vn.

COVID-19 set to push digital pay up to 37% by FY2022 in India: report

The story: COVID-19 has been leading to a shift in habits, one of which is the switch from cash to card payments. In a report titled Indian Mobile Payments, India’s digital payment volumes will increase at a compounded annual growth rate of 37 per cent, according to The Economic Times.

The trend: The only time this trend was seen was when previously there was a currency ban of some notes in India in a report by RedSeer Consulting.

This habit is also being largely seen among users in smaller towns, both on the merchant and consumer payment side.

“Demonetisation of November 2016 acted as a trigger point in India’s digital payments story when the ‘common man’ had his first interaction with cashless payments,” said Anil Kumar, founder and CEO of RedSeer. “The outbreak of Covid-19 has brought about another major turning point in this journey.”

Indian startup DaveAI raises funding

The story: Bengaluru-based Artificial Intelligence sales augmentation platform, DaveAI, has raised an undisclosed amount in pre-A funding.

Investors: Mumbai Angels Network, GHV Accelerator, IIIT Technology Venture partners and Mr Mohan Kumar, CEO of Crestere Technologies

What does the startup do?: Dave.AI is a platform that creates virtual sales avatars. Its avatars can be deployed on web, kiosks, VR and AR. DaveAI is a Nasscom Deeptech club member and part of Intel’s Maker Lab, an accelerator programme for hardware startups by Intel India.

Also read: e27 webinar: Sailing through COVID-19 crisis with mindfulness meditation

Image credit: Tribe

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