Skip to content

Lisk partners with Indonesian Ministry of Communications to help local Web3 startups

Lisk partners with Indonesian Ministry of Communications to help local Web3 startups

Lisk, the Layer-2 platform rooted in the OP Stack, partnered with Indonesia’s Directorate General of Informatics Applications under the Ministry of Communications & Informatics Technology (DGIA MCIT) to boost the Indonesian Web3 startup scene, as per the information shared with Finbold on February 27.

What can Lisk do for the Indonesian Web3 sector?

Through the new collaboration, Lisk pledges to furnish the foundational developer platform, offer mentorship, and provide initial funding to Web3 startups in the 1000 Digital Startup Program, DGIA MCIT’s initiative to cultivate digital talent, foster innovation, and fortify the startup ecosystem nationwide.

Max Kordek, the luminary behind Lisk, remarked on the company’s dedication to blockchain technology and enthusiasm entering the Indonesian scene:

“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.”

– Max Kordek, the luminary behind Lisk

Moreover, Lisk endeavors to collaborate with DGIA and MCIT in developing educational resources on Web3 technologies necessary for nascent Indonesian Web3 entrepreneurs. 

Notably, participants will receive foundational insights through an introductory blockchain course on concepts such as consensus mechanisms, network architecture, and practical applications.

The overarching goal of the Lisk partnership

The new partnership conforms with the Onchain Foundation’s goal of bolstering the 1000 Startup Digital Program by furnishing indispensable support throughout diverse developmental stages. 

Through bootstrap grants, mentorship, community engagement initiatives, and similar endeavors, Lisk underscores its steadfast dedication to nurturing a vibrant Web3 ecosystem within the program’s framework.

Semuel A. Pangerapan, Director General of Informatics Applications, described the objective succinctly, stating:

WP feature quote: “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 collaboration also reaffirms Lisk’s concerted focus on emerging markets and its resolute commitment to empowering builders within these locales. 

Recognizing the potential of blockchain technology, particularly through applications leveraging real-world assets (RWA), off-chain assets (OCA), and decentralized physical infrastructure networks (DePIN), Lisk accentuates its prioritization of solutions that can meet local demands.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.