Trustatom Raises $100k for Blockchain-Based Due Diligence Service
Trustatom has raised early seed funding to the tune of $100,000 with which it will launch CredyCo, a cryptographic due diligence service built on top of bitcoin's blockchain. The round was led by a group of investors that included entrepreneur Brian Cartmell and Gyft co-founder Vinny Lingham. Speaking to CoinDesk, Trustatom co-founder Yurii Rashkovskii framed the news as an early step in connecting the technology of bitcoin with "the real world". "The most important thing from our perspective is to find users for bitcoin and blockchain technology outside of the traditional and core use of....
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Trustatom, a Canadian company that provides blockchain-powered smart contracts, has raised early seed funding from a group of angel investors. The company is preparing to launch an investment due diligence SaaS, called CredyCo, powered by its proprietary technology stack and the blockchain. The internet has provided a great way for parties to transact efficiently, prompting truly fascinating use cases, but the remaining key challenge is the need for mutual trust. To address this, Trustatom brings the trust mechanics that made Bitcoin possible into the mainstream.
Blockchain-powered smart contracts provider Trustatom has amassed an impressive $100,000 in funding to release a cryptographic due diligence service called CredyCo, built on bitcoin technology. Co-founder Yurii Rashkovskii laid down some of the basics of the project, saying: "The most important thing from our perspective is to find users for bitcoin and blockchain technology outside of the traditional and core use of bitcoin... Unlike most of the projects that are active in the space today that cater mostly to the same bitcoin community, what we try to do here is expand that and find....
Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.”
The Probability of Bitcoin Hitting $100K — ‘Don’t Rule It Out’
Many bitcoin speculators and investors believe the road to $100K is not only probable, but guaranteed. Bitcoin.com News has covered numerous individuals, experts, analysts, and advisors this year....
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the 19th, Consensys disclosed a token sale will take place that will feature the company’s TURN token, which stands for “Time-Unit Representative NFTs.” The....
Stampery, a service that certifies records and documents on the blockchain, says lawyers working with sensitive documents are one of its main user groups, according to International Business Times. The other two main groups are creatives looking to establish ownership rights and companies that generate prior art of intellectual property. Lawyers receive a lot of documents and have to do a lot of due diligence, including getting documents notarized. By using Stampery, they can drag and drop zip documents to Stampery rather than sending them in a CD to a notary. Stampery provides irrefutable....