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ConsenSys announces latest blockchain startups for Tachyon accelerator program

ConsenSys announces latest blockchain startups for Tachyon accelerator program
ConsenSys Ventures has announced the latest tranche of
startups to take part in its accelerator program – with ideas on the table
including a DNA data bank, a ‘litigation finance investment platform’ and a
customised printed cryptocurrency card provider.

Tachyon, described as the first ever blockchain-focused
accelerator, is focused on backing ‘the most promising startups building on
Ethereum’ with a particular gaze on blockchain-for-profit, open source, and
social impact.

The latest group of victors, representing the second cohort
and commencing from the German Bundestag, are, in alphabetical order:

– Blok-Z – an energy startup which aims to connect people
without electricity access to distributed energy resources

– Cypherock – a provider of security storage solutions for
blockchain-based digital assets and private key. The company aims to protect
crypto assets through a ‘personal distributed network of hardware devices among
your very own trusted network of people’

– – a company which aims to ‘make cryptocurrencies
physical’ by providing customised printed cards

– – a ‘DNA data bank’ which uses blockchain
technologies to allow users to query and share segments of their genome using a
repeat consent model

– Glimpse – a protocol which aims to influence online advertising
by separating the ‘who you are’ and ‘what you do’ parts of identity

– IBISA – a provider of ‘micro-insurance’ through blockchain
technologies aimed at small farming businesses

– Lawcoin – a ‘litigation finance platform’ which enables
users to invest and trade in shares of lawsuits

– LinkDrop – a company which aims to be the first technology
enabling users – or decentralised apps – to send digital assets to receivers
through URLs without knowing their address in advance

– – a provider of a blockchain-based software
architecture that allows companies working in smart sensing to provide ‘guaranteed
auditability’ to their end users

– Sooho – a smart contract and transition security provider
that aims to enable an automated/API-based smart contract audit and patching
platform for enabling continuous secure development

ConsenSys is not the only VC firm to have been busy in this
area of late. Intel Capital, the venture arm of the tech behemoth, recently
announced it was investing $117 million on 14 startups with focus on
artificial intelligence (AI), more efficient manufacturing technologies, as
well as disruptive new approaches to chip design.

 “We continue believing in providing support to promising entrepreneurs that need the accelerator format to refine their projects and ideas,” said Kavita Gupta, managing partner of ConsenSys Ventures in a statement. “With the backing of the ConsenSys and Ethereum ecosystems, we aim to provide all the necessary toolkits for our entrepreneurs to succeed both in the short term and in the long run.”

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