Lisk Partners with Indonesian Ministry of Communications to Support Local Web3 Startups

Lisk has partnered with Indonesia's Ministry of Communications and Informatics to bolster the local Web3 startup ecosystem. Through this collaboration, Lisk will provide support, mentorship, and initial funding to startups involved in the 1000 Digital Startup Program. The partnership also aims to create educational resources on blockchain technology for aspiring entrepreneurs, fostering innovation and empowering developers in Indonesia's digital landscape. This initiative reflects Lisk's commitment to supporting builders in emerging markets and enhancing the use of blockchain solutions tailored to local needs.

Lisk Partners with Indonesian Ministry of Communications to Support Local Web3 Startups

Lisk, a Layer-2 platform built on the OP Stack, has formed a partnership with Indonesia’s Directorate General of Informatics Applications under the Ministry of Communications and Informatics Technology (DGIA MCIT). This collaboration aims to enhance the Web3 startup ecosystem in Indonesia, as announced on February 27.

Lisk's Role in the Indonesian Web3 Sector

Through this partnership, Lisk will provide a foundational developer platform, mentorship, and initial funding to Web3 startups participating in the 1000 Digital Startup Program. This initiative by DGIA MCIT seeks to nurture digital talent, foster innovation, and strengthen the startup ecosystem across the country.

Max Kordek, the co-founder of Lisk, expressed the company's commitment to blockchain technology and excitement about entering the Indonesian market:

“At Lisk, we have been democratizing blockchain tech since our beginning in 2016. As we move into our next chapter as a Layer 2 focused on helping builders in Emerging Markets, we are looking forward to this unique opportunity to work in Indonesia alongside such strong partners like DGIA MCIT.”

Additionally, Lisk plans to collaborate with DGIA and MCIT to develop educational resources on Web3 technologies for aspiring Indonesian entrepreneurs. Participants will benefit from an introductory blockchain course covering essential concepts such as consensus mechanisms and network architecture.

Goals of the Lisk Partnership

This partnership aligns with the Onchain Foundation’s mission to support the 1000 Startup Digital Program by providing crucial assistance at various developmental stages. Lisk emphasizes its commitment to fostering a vibrant Web3 ecosystem through bootstrap grants, mentorship, and community engagement initiatives.

Semuel A. Pangerapan, Director General of Informatics Applications, highlighted the significance of this collaboration:

“This collaboration is not just a mere agreement; it’s a visionary step towards fostering innovation, knowledge-sharing, and empowerment in the field of blockchain technology. We intend to collaborate in order to educate, encourage innovation, and empower Indonesian entrepreneurs and software developers with the skills needed to effectively harness blockchain technology.”

The partnership reinforces Lisk’s focus on emerging markets and its dedication to empowering local builders. Recognizing the potential of blockchain technology, Lisk aims to prioritize solutions that address local needs, especially through applications involving real-world assets and decentralized networks.

FAQ: Lisk Partners with Indonesian Ministry of Communications to Support Local Web3 Startups

Q1: What is the purpose of the partnership between Lisk and the Indonesian Ministry of Communications?
A1: The partnership aims to enhance the Web3 startup ecosystem in Indonesia by providing support, mentorship, and funding to local startups through the 1000 Digital Startup Program.

Q2: What specific support will Lisk offer to Indonesian Web3 startups?
A2: Lisk will provide a foundational developer platform, mentorship, and initial funding to startups participating in the program, along with educational resources on Web3 technologies.

Q3: What is the 1000 Digital Startup Program?
A3: The 1000 Digital Startup Program is an initiative by Indonesia's Directorate General of Informatics Applications (DGIA) aimed at nurturing digital talent and fostering innovation within the country's startup ecosystem.

Q4: How will Lisk contribute to education in the Web3 space?
A4: Lisk plans to collaborate with DGIA and the Ministry of Communications to create educational resources, including an introductory blockchain course covering key concepts like consensus mechanisms and network architecture.

Q5: What are the broader goals of this partnership?
A5: The partnership aims to foster innovation, knowledge-sharing, and empowerment in blockchain technology, ultimately supporting Indonesian entrepreneurs and software developers in effectively utilizing blockchain solutions.

Q6: Who is Max Kordek, and what did he say about the partnership?
A6: Max Kordek is the co-founder of Lisk. He expressed excitement about entering the Indonesian market and emphasized Lisk's commitment to democratizing blockchain technology and supporting builders in emerging markets.

Q7: How does this partnership align with Lisk's overall mission?
A7: The partnership aligns with Lisk's mission to empower local builders in emerging markets by prioritizing solutions that address local needs, particularly in applications involving real-world assets and decentralized networks.

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