Dfinity to Disrupt Cloud Computing BCTECH NEWS 

Major Venture Capital Firms Invest $102 Million in Dfinity to Disrupt Cloud Computing

Andreessen Horowitz and Polychain have led a founding round which has seen major venture capital firms invest $102 million in DFINITY to disrupt cloud computing with its blockchain-based ‘internet computer’. With its foundation based in Zug, Switzerland’s blockchain hub, the Dfinity team working from Palo Alto aims to reinvent computing by replacing large platforms like Amazon Web Services (AWS) and Microsoft Azure with a decentralised alternative. The not-for-profit organisation believes that by creating millions of nodes that will collectively serve as a public computing resource, its technology could cut the costs of running…

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goldman sachs investment in enterprise blockchain startup axoni FTSE / NASDAQ NEWS 

Goldman Sachs Leads Major Investment in Enterprise Blockchain Startup Axoni

Goldman Sachs and Nyca Partners, have led a funding round raising $32 million for a major investment in enterprise blockchain startup Axoni. The Series B funding round brought together the biggest names of Wall Street, such as Wells Fargo, J.P. Morgan, Citigroup, and Franklin Templeton, with numerous high-profile blockchain investors, including Digital Currency Group, Andreessen Horowitz, and Y Combinator. Axoni, founded in 2013, aims to use the funding to complete the transfer of some of the largest financial infrastructures in the world to its Ethereum-based blockchain technology.  Greg Schvey, CEO of Axoni said:…

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