2018-7-9 19:16 |
Blockchain cloud computing platform Oasis Labs announced July 9 that it has raised $45 mln from major investors as part of its plan to help companies adopt blockchain.
In a press release, Oasis, which has University of California professor Dawn Song as its CEO and co-founder, described its plans to build a “decentralized internet” by resolving businesses’ “concerns” about implementing the technology.
Oasis’ investors, which include Andreessen Horowitz’s crypto venture fund a16zCrypto, cryptocurrency exchange Binance, Pantera Capital and Accel, nonetheless consider the status quo may not last as long as is feared.
Blockchain adoption has faced new criticism in recent months, specifically in the banking sector, with various sources skeptical as to whether its benefits are truly compatible.
Ripple, the company behind a multibillion-dollar blockchain platform focused on cross-border payments, admitted last month banks are “unlikely” to adopt the technology due to privacy and other concerns.
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