New York City Economic Development Corporation (NYCEDC), a non-profit corporation to promote economic growth in New York City, in a recent statement on Thursday, Jan. 10th 2019, announced the opening of a Blockchain Center in Manhattan. The center is a partnership project between NYCEDC, Global Blockchain Business Council, and Future\Perfect Ventures.
The center, being primely located in the center of city’s Alley, has a 4,000-sq. ft. occupancy area, and is located at 54 W. 21st St. in the Flatiron District of Manhattan. The newly established center will offer blockchain coding sessions and lectures to enthusiastic developers, and the general public.
According to Ana Arino, Chief Strategy Officer at the NYCEDC, the organization is playing the long game, with this move. The blockchain is a nascent tech, and uncertainties are bound to happen year after year as the technology evolves. Adding further she said it’s still unknown what the technology holds for them in the future, but they for sure wish to be at the helm of shaping it.
The city of New York has already announced a contribution of $100,000, to the organization for the cause, and further, the CEDC will seek to raise funds through membership fees and corporate partners, such as Microsoft & IBM, which already are partner members.