Overstock’s VC Arm Puts $2M Into Blockchain-Based ID Systems Startup

Overstock’s VC Arm Puts $2M Into Blockchain-Based ID Systems Startup
ôîòî ïîêàçàíî ñ : cointelegraph.com

2019-9-26 19:25

Overstock’s Medici Ventures invests $2 million into Evernym, a startup that develops blockchain-based self-sovereign identity networks

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blockchain-based overstock startup evernym million develops self-sovereign

blockchain-based overstock → Ðåçóëüòàòîâ: 13


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Overstock’s Medici Ventures Acquires Ten Percent Stake in GrainChain for $2.5 Million

Overstock subsidiary Medici Ventures has purchased a $2. 5 million equity in GrainChain, a blockchain-based payment solution for farms. According to a press release issued December 4, 2018, the sale has granted Medici Ventures ten percent ownership in the company, and the option to double that in the future with a second acquisition round.

2018-12-7 10:00


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Overstock Founder Looks to Blockchain Technology As the Company’s Future

Internet Retailing giant Overstock is prepared to sell their online retail business by investing the company’s funds on tZero, a blockchain-based trading system, and other blockchain startups. According to the Wall Street Journal’s article published on November 23, 2018, while tZero is currently costing the company millions of dollars every month, Patrick Byrne, the chief executive officer of Overstock remains.

2018-11-26 16:00


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Cryptocurrencies Are ‘A Much Cheaper Way of Doing Business,’ Says Former Overstock Chair

Jonathan Johnson, ex-chairman of Overstock’s board of directors, touched on the benefits of cryptocurrencies and noted the tremendous potential of blockchain-based technology. Despite the currently hemorrhaging market, he still sees a lot of advantages in utilizing cryptocurrencies over traditional credit card payments.

2018-6-14 23:00