Coinsilium Group Limited has issued an update on its blockchain focused accelerator, Block Chain Space.
The programme – which commenced in Barcelona at the start February – has been successful in attracting sponsorship from Grant Thornton Spain, the Spanish firm of Grant Thornton International Ltd, and leading mid-tier Spanish law firm Roca Junyent.
Located at ESADE Business School's ‘EsadeCreapolis', Block Chain Space provides a connected environment conducive to entrepreneurial creativity and collaboration, combining mentoring and coaching sessions from industry experts. Staying true to the global, ubiquitous reach of blockchain technology, Coinsilium has developed a 12-week acceleration programme for start-ups to develop applications utilising blockchain with disruptive technology potential.
Following applications from more than 80 start-ups, Coinsilium has accepted four companies into its accelerator programme, covering a range of applications including:
- Streamlining trade finance and the way businesses transact and secure payments of physical goods.
- Enabling secure data storage, sharing and backup solutions,.
- Building a platform for peer-to-peer natural disaster resources management.
- Providing complementary digital currency services from online platforms to physical ATMs through to gift cards for retailers.