Australian funds simplify investments using blockchain

A venture capital fund will implement the blockchain technology
28 November 2017   297

A new Australian fund Apollo Capital is planning to concentrate on blockchain and cryptocurrency and spend $30 million for that purpose. It’s the first Australian foundation, which operates with digital money. Only people with more than 50000 australian dollars on their accounts have an opportunity to invest in the fund.

Domenic Carosa, one of the fathers of the organization (the other is Holger Arians), believes that such kind of funds is a product of its time. The establishment is indispensable for development and prosperity of blockchain technology.

But Apollo Capital is not the only fund, which deals with cryptocurrency and the blockchain technology in Australia. Managers of the blockchain development fund are planning to invest $14 million for extension of cryptocurrency usage in the nation state. They also want to implement their own XEM blockchain platform for easier adoption of the technology.

At the same time many venture capital funds in Australia are sceptical about cryptocurrency and not ready to use the blockchain right now.


UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   231

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.