The XTC Unicorn Fund today announced it will invest in Emercoin, the cryptocurrency, and decentralized blockchain platform to help the provider build community with technology companies around the world. The move comes shortly after the Bitfury Group, a leading full-service blockchain technology firm, started to invest and support the Emercoin Blockchain as a way to expand the scope of applications it designs for customers.
XTC Unicorn Fund is a capital pool of key members of the ACTAI Global community, which includes entrepreneurs from around the world and co-manages Blockchain Summit on Sir Richard Branson’s Necker Island with Bitfury.
“The technical team behind Emercoin is strong, and their approach to using blockchain technology to secure digital identity through a token makes sense,” said venture capitalist Bill Tai, co-founder and managing member of XTC Unicorn Fund. “If we can broaden adoption and create a viable community it will create value for our ecosystem.”
The Emercoin Blockchain offers a suite of decentralized, more secure services on top of its blockchain, including:
– Domain name services – recording, securing, proving ownership.
– Digital time-stamping & digital ownership.
– Decentralized advertising.
– New secure & distributed authentication, authorization, auditing, and accounting.
– Decentralized, password-less authentication.
– Decentralized, mass-scale access control on system certificates (SSL & SSH).
– Decentralized, peer-to-peer voice-over IP communication.
“We are excited to see the XTC Unicorn Fund recognizing the potential of our technology and investing in it,” said Oleg Khovayko, chief technology officer of Emercoin. “We look forward to working with our partners to take this technology global.”
Emercoin is a cryptocurrency and decentralized blockchain platform for a wide range of distributed trusted services. Distinctive features of Emercoin are high reliability, robustness and three-in-one hybrid mining (PoW+MergedMining+PoS). The Emercoin platform already runs network security services EmerSSL/EmerSSH, decentralized domain system EmerDNS, counterfeit solution EmerDPO, VOIP solution ENUMER, to name a few.