Bogota’s $2.8 Billion Program to Finance Blockchain Companies With up to $50 ...
The city of Bogota in Colombia just announced it will finance blockchain companies through a blockchain investment program. The program, called “Hub Blockchain Bogota,” will deliver financing to 100 companies developing blockchain-based solutions. This is part of a series of initiatives destined to modernize Bogota and turn the region into a smart city. **Editors update: This article was updated to reflect the Bogata fund’s total from Colombian pesos to U.S. dollars. Bogota Programs Will Finance Blockchain Startups The city of Bogota will support blockchain companies....
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A new push for clarity on compliance from Senator Wyden aims to ensure economically distressed communities receive promised benefits from crypto mining companies. Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program.Senator Wyden’s main concern stems from the perception that some crypto companies may be taking advantage of what he called “a lack of safeguards and transparency measures” in the Opportunity Zone program.The concerns were raised in letters he sent to two companies and one....
Here is some wonderful news for the fintech world! Accenture in partnership with Enterprise Ireland is looking to get best of Ireland's early stage tech companies. The companies will then be able to join the Fintech Innovation Lab Accelerator program. Accenture is hoping that with this program will successfully be able to give a boost to those companies who believe that they are ready to take a leap and go global. The company also will help in linking them with leading financial and technological companies. Accenture's interest in fintech industry is not new; it along with 16 other leading....
Accenture is among a group of 13 companies partnering with startup CoinSciences in an effort to get more enterprise businesses working with blockchain. Those involved with the effort are largely existing users of the MultiChain platform, and the program formalizes that relationship. Participants include professional services firm Accenture, financial tech provider D+H and IT firm Mphasis. According to founder and CEO Gideon Greenspan, the goal is to expand the market for blockchain consulting while at the same time improving the visibility of both its MultiChain private blockchain platform....
String Labs, an autonomous financing project, has revealed a new program aimed at awarding grants for developers of open blockchain finance projects on Ethereum. California-based autonomous financing project startup String Labs is welcoming proposals for finance projects exclusively developed on an open blockchain or distributed ledger. Grants will vary between $2,000 and $10,000 per project, the announcement revealed. String Labs’ initiative is one to help in the development of public and open blockchain finance systems, which will enable “end users around the world to send value, invest....
BoostVC is focusing it’s accelerator program exclusively on Bitcoin companies. The accelerator aims to invest in 20-30 Bitcoin companies twice a year for three months, and strives to accelerate 100 Bitcoin startups by 2017. BoostVC is 2 years old, and previously invested in tech companies in a variety of industries like enterprise software, financial tech, and bitcoin. BoostVC backed companies have raise more than $500k, and the program has funded a total of 22 Bitcoin companies to date including Coinbase, Bitpagos, Follow The Coin, and Vaurum.