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

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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.