Trying to wrap your head around blockchain technology? The D.C.–based Chamber of Digital Commerce, on Tuesday, announced the creation of an affiliate nonprofit branch. The Foundation of the Chamber of Digital Commerce will specifically focus on the education, research and promotion of digital assets and blockchain technology.
“The Foundation of the Chamber of Digital Commerce will serve as a platform to help fuel continued prosperity and growth for the next generation of our industry,” said Perianne Boring, founder and president of the Chamber of Digital Commerce, in a statement.
(What is the blockchain, you ask? Check out this Technical.ly Brooklyn piece for some answers.)
Following on the heels of an incubator and an alliance, it’s the latest effort to organize resources around blockchain in the District. The launch comes at a time of lots of attention for the technology with Bitcoin’s raid rise in value over the last two months.
The foundation is intended as a one-stop shop for everything blockchain-related, from supporting research to providing education and hosting discussions.
“There are more than 1,000 blockchains in existence today, all offering various features and customization to specific industries,” according to the Foundation web page. “For a digital ecosystem to thrive, the ease of moving assets from one platform to another must be frictionless.”
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