article thumbnail

Using the blockchain to enhance KYC processes for web3 businesses

TechCrunch

Nimantha Siriwardana is the co-founder and CTO of Metacask , the marketplace for spirits-backed NFTs. Nim has over 20 years of experience in delivering technology solutions and previously worked for Goldman Sachs and Source Capital AG. That’s where blockchain can be used to improve on traditional KYC providers.

article thumbnail

BetterData taps the blockchain to help create better synthetic data

TechCrunch

User data is tokenized and stored on a blockchain which is only accessible with a user’s private encryption keys. The startup’s co-founders, CEO Uzair Javaid and CTO Kevin Yee, have backgrounds in AI data generation and blockchain security. Image Credits: BetterData. ” Image Credits: TechCrunch.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

article thumbnail

‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

article thumbnail

Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. TechCrunch talked with Alchemy co-founders Nikil Viswanathan (CEO) and Joe Lau (CTO) about the raise and their passion for the startup’s mission was clear. While in Web 2.0,

article thumbnail

Trends in Blockchain for 2022

DevOps.com

Blockchain is hot right now. Blockchain is no longer only relevant to cryptocurrency, either—blockchain-based applications are emerging to support many other scenarios that require decentralized data storage and accessibility. I recently met with Medha Parlikar, co-Founder and CTO, CasperLabs, to learn […].

article thumbnail

Blockchain Network with Hyperledger Fabric:

CTO Universe Submitted Awards Articles

This is one of the reasons to implement the blockchain approach in order to keep data safe and fresh, while maintaining a record of its history. Rapid digitalization of the world and wide access to the Internet cause an immense growth of online participants in all areas of business and life.