ConsenSys Spins Off Ethereum Startup Truffle To Take Blockchain To Big Business

  • 📰 Forbes
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Enterprises building with blockchain are a step closer to cryptocurrency thanks to ethereum startup Truffle's new integration with Axoni's Axcore

But if the newly formed Truffle Blockchain Group has anything to say about it, that’s just the beginning. The company, which quietly spun off from the

While this and other Truffle integrations also revealed today don’t mean the DTCC or other enterprises will bethe ethereum cryptocurrency, they do mean that the developers behind high-profile, high-value projects can now build on the public ethereum blockchain, bridging the cryptocurrency world with enterprises in a new way.

The fundraising round, whose sole investor is ConsenSys, closed in February. As part of the investment, ConsenSys founder Joe Lubin will join as a board member. Truffle is one of the first companies to spin off from ConsenSys, since the incubator, having had difficulty finding broad traction, made plans toTruffle employs 22 people in the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ConsenSys Spins Off Ethereum Startup Truffle To Take Blockchain To Big BusinessEnterprises building with blockchain are a step closer to cryptocurrency thanks to ethereum startup Truffle's new integration with Axoni's Axcore.
Source: Forbes - 🏆 394. / 53 Read more »

ADM's move to spin off ethanol assets speaks to industry's woesBiofuels pioneer Archer Daniels Midland took another step toward abandoning its ... Get rid of ethanol.
Source: Reuters - 🏆 2. / 97 Read more »

300 Investor Rejections And 1 Failed Startup Led This Entrepreneur To Build A $1 Billion BusinessEntrepreneurship can be more than a marathon. It’s a decathlon. Knowing when to quit or persist can be an art. Raising funding for a startup can be a formidable game. Henry Ward is an entrepreneur who knows this all too well. Hey kudos to this guy. Inspiring. I'd never give up! Would like to know henrysward's 5 things. 'I have my 5 things that have to be true, and I do this today because we launch new products all the time, so I have my checklist of 5 things that we have to have conviction around before we go launch this new product into a new market.'
Source: Forbes - 🏆 394. / 53 Read more »

300 Investor Rejections And 1 Failed Startup Led This Entrepreneur To Build A $1 Billion BusinessEntrepreneurship can be more than a marathon. It’s a decathlon. Knowing when to quit or persist can be an art. Raising funding for a startup can be a formidable game. Henry Ward is an entrepreneur who knows this all too well.
Source: Forbes - 🏆 394. / 53 Read more »

Apple reportedly looked at buying Intel's 5G business, showing openness to big dealsApple's biggest historical acquisition was Beats Electronics and Beats Music for $2.6 billion. Why not just team up with Microsoft?
Source: CNBC - 🏆 12. / 72 Read more »