NTU to set up US$50m centre to advance digital trust technologies in Singapore
The Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF) announced a US$50 million investment to establish a new national Digital Trust Centre (DTC) to lead Singapore’s research and innovation in trust technologies, such as privacy protection solutions, and grow local talent and businesses in this domain. The DTC is meant to support institutes of higher learning and research institutes to research technologies that help to build and uphold digital trust, drive local and international collaborations in this field, and encourage academia and enterprises to co-develop the ideas into market-ready solutions. In this vein, it will further provide a sandbox environment for businesses to experiment with trust technologies to alleviate challenges with data sharing. ‘The DTC will work with local universities and research institutes to promote research, translation, and talent development in trust technologies. It will focus on trusted data sharing and computation, digital identity and algorithms that evaluate the trustworthiness of systems. Besides local partners, the centre will also collaborate with international partners from both the public and private sectors,’ Minister for Communications and Information Josephine Teo.