KPCB Venture Capitalist Firm Says Blockchain Technology Could Boom

KPCB Venture Capitalist Firm Says Blockchain Technology Could Boom

According to top venture capitalist firm Kleiner Perkins Caufield & Byers (KPCB), blockchain technology could soon enjoy tremendous success. This well-established VC firm in the US has been funding technologies in the IT industry and in biotechnology since 1972. So far, KPCB hasn't made any investments in bitcoin or blockchain technology firms but it could do so with its KPCB Edge fund. This seed-stage investment component was introduced last month and has a budget of $4 million. Blockchain Technology Potential. Blockchain is the public ledger of transactions associated with bitcoin. While....


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Quotes

These past days, I have done a lot of thinking about Bitcoin that ended up with me investing all of the money I had saved and all that I can borrow into the currency.

Rick Falkvinge, IT Enterpreneur, Politician. Founder of the Swedish pirate party