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:

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“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 and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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