Startup

Global blockchain startup Patientory will launch its crowdsale on the 31st of May to raise funds for development of a pioneering new platform for managing patient care.

Cryptocurrency exchange provider Ethbits has broken the $1M barrier in the crowdsale of it’s ETB token. The blockchain startup is building Ethbits Local, an exchange, currently in beta, that facilitates secure trades between people from bank accounts to cryptocurrency.

ReGa, a Russian Risk-Sharing startup, has developed a Blockchain-based insurance service for pets. The new service, called Lexi Club, allows signing a mutual pet health insurance using the Ethereum smart contracts platform.

iEx.ec presented a working demo of the world’s first distributed cloud computing network at the European Ethereum Conference EDCON this week. The French startup, founded by Gilles Fedak Ph.D and Haiwu He, Ph.D, certified experts in distributed computing, aims to be first to market with a new technology that uses blockchain smart contracts to redesign cloud computing.

Auxesis, an Indian IIT-based startup has partnered with Mutichain, a platform that helps organisations build blockchain and shared ledger applications. The partnership is seen as fueling blockchain development in the ailing Indian economy.

BlockchainHub has announced two winners of its Blockchain Startup Contest – an Ethereum mobile client Status, and a decentralized insurance application Etherisc. The winning teams received an award of €15,000 each.

Smart Token Chain, a fast-growing blockchain startup, has announced the completion of its first full Smart Token transaction across the Ripple Network.

Blockchain Angels, the World's first blockchain professional investors’ network, in collaboration with the UKBAA, the leading UK angel body, announced a ‘Masterclass on Investing in Blockchain’ event held in London, Tuesday 18th of October 2016.

Recently, CoinIdol.com reached out to professionals in Switzerland to find out why Zug, in Switzerland is becoming a popular location for crypto-related businesses. Zug, Switzerland, aka Crypto-valley, can be compared to Silicon Valley, California.