Blockchain Capital is designing a platform for educating cryptocurrency developers

The platform will focus on training to work particularly with Bitcoin Core
23 February 2018   805

Jimmy Song of Blockchain Capital announced a project Platypus Labs. It is an educational and compensating initiative for cryptocurrency developers. For the time being the project will concentrate on Bitcoin Core, but hopefully will incorporate curriculums on altcoins. The funding will come directly from Blockchain Capital.

Part of my joining Blockchain Capital was to provide value to the Bitcoin ecosystem. After some extensive conversations about what would make sense for us to do that would make my involvement a win-win, we came up with a Labs concept as a way in which we could provide a lot of value to the ecosystem, our portfolio companies and to ourselves. To be perfectly honest, a lot of the ideas for how to run the labs came from listening to the developers and companies and seeing what they thought would be good.

 

Jimmy Song

Developer and venture partner, Blockchain Capital

The education base will initially be located in San Francisco. In future, Mr. Song considers the implementation of a residency program. Training professionals is a global trend around the world: Australia's RMIT launched in February a blockchain course, Jimmy Song himself conducts a semester lectures on blockchain at UC Berkeley.

I'm really hoping for more entrepreneurs to step up and take on the challenge! Obviously, I've got my own seminars to help in that way, but a lot of what I'm hoping for is for the ecosystem to grow. There is a lot of profit to be had for educators in this space. What exactly that will look like, I don't really know. I suspect that a lot of innovation will take place in the Blockchain/Bitcoin education space because there's such a great need.

 

Jimmy Song

Developer and venture partner, Blockchain Capital

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   189

One of the world's largest asset managers, Fidelity Investments, announced the launch of a unit focused on providing institutional investors with Bitcoin and Ethereum services. The Forbes reports.

The new division received the name Fidelity Digital Assets and, possessing a staff of 100 employees, will provide a platform for trading cryptocurrencies and consulting services 24/7.

The platform already has first customers, but its launch for a wider range of investors is scheduled for the beginning of 2019.

This is a recognition that there is institutional demand for these assets as a class. Family offices, hedge funds, other sophisticated investors are starting to think seriously about this space.
 

Tom Jessop

Founding head, Fidelity Digital Assets

In particular, Fidelity Digital Assets will offer a transaction service that, using internal cross-connect and order routers, will trade through third-party liquidity providers.

One of the most popular offers by the company can also be a service for storing Bitcoin and other cryptocurrencies. It is physical storage, distributed in different geographical locations and offering the so-called "cold" storage of digital assets. This way of storing cryptocurrencies without access to the Internet and with a multi-level control system is considered to be one of the safest and most resistant to hacking today.

As the CEO of Fidelity Investments, Abigail Johnson, said, the goal of the new platform is to make digital assets like Bitcoin more accessible to investors.

Fidelity Investments is considered the fifth largest asset manager in the world, offering investment and custody services to 13,000 consulting firms and brokers. In total, the company manages assets worth $ 7.2 trillion.