Kuperman LLC Releases Study Showing Seventy percent of the Blockchain startups operating today in New-York are not BitCoin related


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Kuperman LLC, a corporate development advisory firm recently released a study regarding blockchainnycBlockchain technology startups in New York City. Blockchain, known as the underlying technology that powers Bitcoin is used by a growing number of companies for different purposes. The study found that so far in 2016 more than $80 million was invested in Blockchain startups operating in New York City; none of these investments were Bitcoin related.

Guy Kuperman, CEO and founder of Kuperman LLC states:

“Seventy percent of the Blockchain startups operating today in New-York are not BitCoin related,” he said. “Startups developing middleware platforms to application development seem to be gaining the fastest momentum. By far, startups in this category have been able to get the most investment in 2016.”

Since the beginning of 2016, the increase in investments have been generated mainly by non-bitcoin startups in three key categories – middleware, clearing house and payments.

blockchainnyc2New York-based Blockchain companies operate in six additional categories including compliance and security, certification and authentication, banking, digital id
entity, Internet of Things, and smart contracts.

The study included the review of over 100 companies with only a few dozen making it to the final short list of relevant startups based on the criteria.


About Richard Kastelein

Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC. Kastelein is also an advisor with a number Blockchain startups doing ICOs including Humaniq.co where hs is interim CMO, DECENT.ch, Inchain, 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, Bucharest, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

He’s also a director of a Dutch foundation called The Hackitarians and has run innovation events in London, San Francisco, Berlin, Amsterdam and other cities around the world on topics such Blockchain, Health, Energy, Internet of Things, AI etc.

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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