Blockchain investments: all the fintech services in one infographic
From American Express to Goldman Sachs and Deloitte, a lots of financial firms decided to make blockchain investments.
To provide you a insightful and easy to read, we want to share with you the following infographic originally published by CB Insight.
Consortia are not included in this infographic.
Even if the quarterly deal activity reached its lowest point since Q2’14 in Q4’16, the quarter’s top two financing deals featured investments by the most important financial companies.
This way, Axoni saw Wells Fargo lead its $18M Series A, which included a few important investors such as JP Morgan, Goldman Sachs, F-Prime Capital and Thomson Reuters.
During the last 3 years, blockchain investments reached their apex in the fall of 2015 and in the winter of 2016.
Recently, Deloitte, Miami International Holdings (MIAX) and Credit China placed their first blockchain investment and Deloitte took a corporate minority stake in a platform called SETL.
In total, more than 50 financial companies decided to invest in a bitcoin or blockchain-related startups since the beginning of 2014.
Also, it is important to note that a small group of blockchain startups received the greatest part of the total investment. Those – who have received nearly $625M in funding – include: Ripple, BitFury Group, Blockstream, Digital Asset Holdings, and Chain.
Let’s see what happen in 2017 and stay tuned for more relevant news!
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US Department Homeland Security uses Blockchain
The division created after the 9/11 terrorist attacks, US department Homeland Security (DHS) uses blockchain technology to solve security issues.
First announced in a press release published in December, the DHS announced in June that it awarded a prize of $199,000 to the blockchain startup Factom that aims at using the distributed ledger to ensure the security of cameras that monitor US borders.
How US Homeland Security uses Blockchain
This way the blockchain could be helpful for DHS as it aims at building an identity for devices, or a way to extend the company’s ability to monitoring services and devices.
Data privacy program manager Anil John explained to Coindesk:
“The Factom piece is more along the line of these devices exist, but how do we build a picture of the identity of this device over time? The blockchain could be the catalyst that allow us to document the changes”.
Also, he explained that the company wants to learn more about the potential applications of the blockchain.
“For DHS use cases, the projects we’re funding are focused on proving or disproving that security and privacy can be supported by a blockchain-based infrastructure. It is much broader than IoT and identity.”
To do so, DHS gave funding also to projects such as Solarity Solutions, Respect Network and Digital Bazaar.
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