Blockstack to Provide Custom Blockchain Technology Solutions
Blockstack, formerly known as CryptoCorp, is seeking to provide custom blockchain technology solutions to companies in Wall Street. The underlying technology behind bitcoin has been gaining more and more attention these days, particularly from financial firms seeking to explore its practical applications. Several banks are already tapping into the features of the distributed public ledger, as this could prove to reduce costs and enhance security of record-keeping and trade settlement operations. Online retail giant Overstock has even experimented with cryptosecurties and using blockchain....
Related News
The blockchain-based domain name service (DNS) Blockstack, formally known as Onename, has announced a partnership with the Microsoft Azure platform. Developers will work with Microsoft to provide identity solutions, authentication, and storage services without the need for third-party arbitration. Blockstack: Self-Sovereign ID on the Blockchain. The....
"What can the blockchain do for me today?" It's a question that's increasingly being asked by major financial institutions, and one that San Francisco-based Blockstack.io has been focused on finding an answer for since its launch in June. One of a growing number of companies seeking to provide custom blockchain solutions, Blockstack.io boasts unique expertise in Standard Chartered Bank veteran Peter Shiau, who serves as the company's CEO. Shiau indicates that Blockstack.io is seeking to capitalize on the "thought shift" currently underway at major financial institutions, which by all....
San Francisco-based blockchain startup Blockstack.io has entered into an acquisition agreement with Digital Asset Holdings. The deal, announced this morning, marks the latest acquisition by Digital Asset, which announced it had purchased blockchain startups Bits of Proof and Hyperledger earlier this year. Launched in June, Blockstack is one of a number of startups seeking to offer private blockchain services to the world's finance industry. In August, CEO Peter Shiau told CoinDesk his company was working with prospective clients to better understand how the technology can be applied to....
Bitcoin and blockchain enthusiasts may recall an application called Onename, which was built on top of the identity- and storage-providing blockchain platform called Blockstack. In an announcement earlier today, the company announced they will be changing their name to Blockstack Labs. Onename Becomes Blockstack Labs. Now and then, Bitcoin companies will go through a rebranding without affecting their customers all that much. In the case of Onename, which will keep the name as a consumer product, the parent company name will change to Blockstack Labs. Onename will continue as it has....
Blockstack, a San Francisco-based firm, is adapting the technology of Bitcoin for mainstream finance, including clearing and settlement. A small group of banks have started beta testing Blockstack's technology, Bloomberg Business reports. The startup, run by former Google Inc. and Nasdaq OMX Group Inc. employees, is jumping into the competition to use digital-currency technology to tackle financial companies' slow, antiquated back-office operations. "We're not trying to destroy banking or financial services as they are today," said Peter Shiau, Blockstack's co-founder and chief operating....