BitFury Investor Eager to Capitalize on Blockchain Technology
Gleb Davidyuk, founder of iTech Capital, which is one of three firms behind BitFury's latest $20 funding round, expressed his eagerness to capitalize on blockchain technology by jokingly telling investors to leave the opportunities to him. "There are not that many things left in the Internet environment which you can call truly disruptive," Davidyuk said. "Please don't invest in the blockchain, because if you don't I will have more opportunities to do so," he added. Blockchain Technology Future. Blockchain is the public ledger of bitcoin transactions which is updated by a network of....
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Gleb Davidyuk has one simple piece of advice for fellow investors who are looking to back blockchain projects: don't. In an interview with CoinDesk, the founder of iTech Capital - one of three firms behind BitFury's latest $20m round - revealed his company is eager to get in early with the fast-moving technology, even if it means spreading a little mischief. "There are not that many things left in the Internet environment which you can call truly disruptive," he said, adding with a grin: "Please don't invest in the blockchain, because if you don't I will have more opportunities to do so."....
Ernst & Young (EY), one of the “big four” services firms in the world has entered an agreement with The Bitfury Group, best known for its stature as a major bitcoin mining firm. A report from CNBC reveals the agreement will see The Bitfury Group provide blockchain software services to EY and its client network. The agreement comes soon after Bitfury made a splash at a recent EY Startup Challenge competition. Proposing a blockchain solution for digital rights management, The Bitfury Group won the accolade for the “Best Pitch” in the competition, where the bitcoin-centric firm sought to....
How effective will the usage of blockchain technology for digital assets be? BItFury discusses it in its whitepaper. The use of Bitcoin blockchain has been widely discussed among the community for a while now. Innovations in the Bitcoin sector have shown that the digital currency’s underlying technology can be used for applications beyond the digital currency. This realization led to the evolution of Bitcoin to Bitcoin 2.0. It is already a known fact that the blockchain technology is being used by the banking and financial sector to facilitate fund transfer and develop trade settlement....
November 18, 2015, The BitFury Group, the leading Bitcoin infrastructure provider has announced a move into the realm of FinTech. The company is partnering with a series of groups who occupy the European financial technology scene. BitFury is not only collaborating with individual industry leaders they are also setting up shop in London as well. Valery....
Bitfury group has partnered with Credit China Fintech. The company has received a $30 million investment as a part of the deal. The Chinese interests have expanded beyond Bitcoin in the recent days. The world’s largest cryptocurrency market is now focusing on research, development, and implementation of blockchain technology across various industry sectors within the country. Credit China Fintech has aligned itself to the country’s aspirations by making a $30 million investment in Bitfury Group – a cryptocurrency technology company. The recently forged partnership will now enable the Hong....