Fidelity, Deloitte and Amazon Now Support Workshops for DLT Startups

Major global firms Fidelity, Deloitte and Amazon have begun supporting a new blockchain accelerator program called Startup Studio, according to a press release on July 11.

The companies are backing the program along with 20 other firms, including Ethereum Foundation and ETH Global, Stellar Foundation, crypto analytics firm Messari, and Coinbase-backed NEAR Protocol, among the others.

The new blockchain accelerator is an initiative of IDEO CoLab Ventures, the venture capital division of global design consultancy firm IDEO.

Supported by Fidelity, Deloitte and Amazon, as well as major crypto industry players, Startup Studio is set up to provide workshops to blockchain startups to help them enhance a variety of skills, including product design, law and engineering, smart contract development, finance and hiring, among others.

Starting today, blockchain entrepreneurs and startups can apply to participate in specific acceleration programs through Startup Studio’s website, as managing director of IDEO CoLab Ventures Ian Lee wrote in the blog post.

He added that some companies such as crypto lender Dharma, decentralized protocol 0x and crypto derivatives exchange dYdX have already attended Startup Studio workshops.

In February 2019, IDEO CoLab introduced its “Distributed Web Investing Program,” announcing six investments in blockchain startups, including Messari.

Recently, a diplomatic academy in Brazil announced that it will require new candidates to have knowledge of crypto and blockchain.