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

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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