A new startup is testing how people can use blockchain to track and invest in their own businesses.

A new startup is testing how people can use blockchain to track and invest in their own businesses.

July 9, 2021 Comments Off on A new startup is testing how people can use blockchain to track and invest in their own businesses. By admin

Posted May 23, 2019 07:12:13The blockchain technology used in the Bitcoin and Ethereum cryptocurrency is not secure.

However, some startups are trying to overcome that and use it to help companies manage their assets and businesses.

According to The Economist, a blockchain startup called Credo, which recently raised $3.7 million in Series A funding from investors including Facebook, has created a way to track the assets of the owners of a company and then sell them on to investors.

Credo’s business model is simple: it tracks ownership and then sells the assets to fund its users’ business.

In a video posted to Credo on its website, the startup founder, Adam Bensahed, said that, while he and his co-founder, Nick Fogg, were trying to make their blockchain technology secure, they discovered a new way to use it.

They used the blockchain to record the assets’ ownership, including their current market value.

“The blockchain, which is a public ledger, gives you all the information,” Bensat told the magazine.

“And then you can use that information to make a lot of other transactions on the blockchain.”

Bensaamed said the way the company uses blockchain technology to track ownership and sell its assets is to keep the ownership in the public domain.

“There’s a lot more trust than we could ever manage on paper,” he said.

Credo is not alone in trying to use blockchain technology.

In April, The New York Times reported that an Australian company called Bitcore was developing a similar blockchain-based business model, as well as an app that would let users sell their assets.

But Bensaahed said his company, which focuses on managing assets and other financial transactions, has been testing its product in a small number of small businesses.

In May, the San Francisco-based company was selected to sponsor a $10 million Series A round from investors like eBay and PayPal, along with the likes of Twitter, LinkedIn and Airbnb.

“We are a small startup with an interesting technology and it is going to be interesting to see what people do with it,” said Bensawhaid.

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