Blockchain Technology is Receiving an Investment Boost

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From Nuno Menezes at Bitcoin News Service:

Last Tuesday a report in the DCE Brief revealed that since launching in 2012, a large investment of $52 million has already been provided by Boost VC to blockchain startups. According to the report, these investment funds have been attributed to 52 different startups.

Startup accelerator and business Incubator

Boost VC, is a California-based small business incubator and a new age startup accelerator.  Since 2012, the incubator has been dedicated to supporting entrepreneurs using emerging technologies to give life to innovative projects. Boost VC have built a community of entrepreneurs, mentors, investors and thought leaders around Digital Reality and Bitcoin to help the industry growth.

The company provides funding, housing and office space to allow new startups to dedicate 100% on their projects.  Boost VC believes the most disruptive sectors are Bitcoin and Digital Reality. That’s why it is extremely committed to empower the development of companies who will build the future for these industries and tomorrow’s business models.

Blockchain is going mainstream

During this year, several of the most revered financial institutions announced their interest in supporting innovation and researching this new technology. Last week alone, 13 major banks such as Citi Bank or Bank of America joined a group of institutions supporting initiatives to explore the blockchain technology.

The blockchain technology has become the newest hype in payments innovation to Banks and fintech investors, as they believe it could streamline B2B cross-border payments. As more and more companies and other institutions start to study and research the blockchain technology seems to be going mainstream.

As a result of all this investment, a new breed of startups is pushing this new industry to the limits and is quickly harnessing a trend of new development and innovation while making it more accessible to an increasingly larger audience.

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.