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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,

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Blockchain Technology can be Critical to IoT Infrastructure Security

CTOvision

Read why Floyd DCosta says that blockchain technology could be a crucial cog in the Internet of Things infrastructure on Entrepreneur : The era of the Internet of things (IoT) is upon us and it is impacting our lives.

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Xage to use blockchain for IoT security, innovation can compromise cybersecurity, Qualcomm announces breakthrough in 5G chips, Google’s Blockchain push, and critical look at US efforts to regulate Internet of Things

CTOvision

The following are some of the enterprise tech topics we are tracking: Xage secures $12 million Series A for IoT security solution on blockchain Blockchain and Internet of Things are both pretty hot topics right now.

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4 ways to enable explainability in generative AI

CIO

The dataset is complemented by a text-based dataset sourced from the entire internet. Nicole Reineke is senior vice president of innovation at Iron Mountain Iron Mountain Nicole Reineke is senior vice president of innovation at Iron Mountain.

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3 Conferences Organized by DevNetwork in August

Apiumhub

August is here, and it is set to be an exciting month for technology enthusiasts, with a range of tech conferences taking place worldwide. These conferences offer invaluable opportunities to connect with industry experts, discover cutting-edge innovations, and gain insights into the latest trends shaping the tech landscape.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. Robert Nyangate is the company’s CTO. ” Founders : Tobi Ololade, the CEO, was the chief technological officer of TradeBuza, a data and API infrastructure for agriculture finance.

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Crypto-currencies and their promise for enterprise technology professionals

CTOvision

Bitcoin is a protocol, one that many consider the next great protocol for the Internet and the emerging Internet of Things. From a user perspective it can be seen as cash on the Internet. Transactions are verified by a network of nodes and recorded in a public distributed ledger called the blockchain.