PLMP Fintech Sets Up BTCC (The Blockchain Technology Creatanium Centre) In Singapore
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PLMP Fintech Sets Up BTCC (The Blockchain Technology Creatanium Center) In Singapore

A massive blockchain center has been set by a Singapore based fintech startup named PLMP fintech to help small and medium-sized businesses and industries. The six-story construction is located at Serangoon North.
This new blockchain center will be known as The blockchain Technology Creatanium Centre(BTCC). The BTCC is hoping to provide various blockchain-based services for small and medium-sized businesses wanting to get started using the technological breakthrough.

PLMP Fintech’s co-founder and chief strategy officer, Peter Lim, told local news publication Channel Asia Singapore about what he hopes the BTCC will achieve.

He said,

“Having a successful business is all about building efficiencies and getting a suitable product or service as quickly as possible to the end user… Blockchain gives us that ability to scale and at much lower costs.”

Blockchain can give traceability, accountability, and additional trust in various business operations. Lim believes this will reduce inefficiencies and create opportunities for companies to save money. These savings can then be passed onto customers.
He also told the publication that he believes that Singapore’s small and medium-sized enterprises will find blockchain to be a “crucial mechanism” for realizing their aspirations of competing on the global level.

Lim also said,

“With the BTCC, we aim to educate Singapore businesses and provide them with a wider ecosystem that supports their activities on the blockchain… As a Singaporean entrepreneur, I want to see my fellow business owners succeed.”

Later in 2018, there are plans to include a blockchain research and development center at the BTCC. It’s expected that this addition will occupy an entire floor of the six-story structure.
In addition, there are also hopes to launch an over-the-counter (OTC) exchange in the building, as well as a tech support center and cryptocurrency mining farm.
Similar centers to the one in Singapore are also being planned for Thailand and Indonesia.

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