ICO Blockchain Startup Nets Millions – Antshares Joins Hyperledger and Does Microsoft Deal

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Chinese Blockchain startup Antshares, has reportedly raised 6119.53 BTC – worth some €3.5 million in their ICO to help fund their open source Blockchain that operates under an “Onchain universal Blockchain” framework.

In addition to this, they have also announced a partnership with software giant, Microsoft, according to writer Trevor Hill from Bitcoinist

The Antshares team has also teamed-up with Microsoft to work on R&D with the fortune 500 company, specifically with their Azure PaaS. An example of what they will be working on is something they call The Legal Chain, which is a consortium chain developed by Fadada (China’s leading online legal service firm), the Onchain for-profit entity (which in turn was created by the Antshares team), and Microsoft Azure that provides a blockchain-powered digital legal evidence repository.

Hill also noted in his article that the Antshares team has joined the Linux-fueled Hyperledger Project as both a member and a contributor and according to Onchain’s founder and CEO and creator of Antshares, Da Hongfei, they will be spearheading the community building and knowledge sharing of the Hyperledger project in China, starting with the localization of the Hyperledger knowledge base into Mandarin.

ICO Round: 2nd

 
Official website: http://antshares.org/
Funds raised:

  • 6,120.08 BTC

About Richard Kastelein

Richard Kastelein is the Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News, partner of token design and ICO architecture company Cryptoassets Design Group and co-founder and director at education company Blockchain Partners.

As a prominent keynote presenter, Kastelein has spoken on Blockchain at events in Gdansk, Beijing, Venice, Nanchang, Shanghai, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Munich, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona, San Meteo etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

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