Leading Chinese Tech Company, and top-ranked in the number of blockchain-related patents, Alibaba Group Holding Ltd launched a scholarship program in Singapore in association with Nanyang Technological University (NTU) and the Economic Development Board (EDB) under its Industrial Postgraduate Program (IPP), starting its first intake in January 2019.
Singapore citizens or permanent residents who have graduated from any local university or one of the select top-ranked universities in Computer Science, Electrical and Electronic Engineering, Physics or other related subjects around the world are eligible to apply for the program.
The Alibaba Talent Program aims to support the country’s future research and development (R&D) students, particularly in the field of computer science. As a part of the program, the participants will be working on projects with Alibaba, helping them to gain critical R&D skill sets with practical knowledge. Furthermore, the participants will work at joint Alibaba research facilities including Alibaba-NTU Singapore Joint Research Institute (JRI) at NTU and in China.
Xiangwen Liu, Senior Director of Alibaba Technology Strategy Department said, “Singapore prides itself on world-leading educational and research institutions as well as its strong pool of talent.” Further, he added, “Through this program, which is supported by NTU, Singapore, and EDB, we want to identify and nurture the next generation of R&D talent from Singapore and further strengthen the research community here.”
Top-ranked in filing the blockchain-related patents
Recently, Alibaba Group Holdings secured the top spot that ranks global entities by the number of blockchain-related patents filed to date.
China’s Alibaba has filed a total of 90 blockchain-related patent applications. On the other hand, Alibaba’s major rival, Tencent also tested a blockchain-based application to speed up the reimbursing corporate employees’ expenses via its WeChat messaging service and launched a payment corridor based on a distributed network to settle financial transactions for residents living in Hong Kong and the Philippines.