New York City is already a global tech hub, supported by worldclass research, a deep well of talent, and major industries, from banking to media to health care, that feed a robust tech ecosystem. The City is committed to investing in emerging industries that leverage technology, such as urban tech,
cybersecurity, and blockchain. As part of Cyber NYC, a $100 million public-private investment to meet growing threats from cyberattacks, the City will also launch the Global Cyber Center to provide the tools and connections cyber start-ups need to grow, catalyzing the creation of 10,000 good-paying jobs in the sector.
Blockchain is another emerging technology that will change how businesses create and store information. The City launched the NYC Blockchain Center in Flatiron to provide shared space, public
education, and business support. To strengthen that investment, the City also launched the NYC BigApps Blockchain Challenge, and sponsors Blockchain Week to keep New York City at the
forefront of innovation in this technology.
