Bluehill was established to support the growing interest from developers and entrepreneurs in the IOST Blockchain. Following a successful new raise of US$50 million in funding, Bluehill aims to provide backing for IOST industry partnerships, as well as for projects built within the IOST ecosystem.
Bluehill says the backing of a well-funded incubator/accelerator for the IOST network will place it in a good position to compete for developer attention with top-tier Blockchain platforms like Ethereum.
“We’ve seen an upswell of interest from Blockchain ecosystem developers looking to partner with the IOST network as well as from DApp teams looking to develop on top of it. We will be creating a highly supportive ecosystem to accelerate the most promising projects and strengthen the entire IOST network,” said Samantha Wang, Bluehill CEO.
Bluehill has set its sets on supporting IOST globally. The company plans to support teams both developing on and improving the IOST network by providing services including funding, operations, marketing, HR, recruitment, advisorship and industry partners. Bluehill and IOST also plan to jointly launch projects in order to emulate the rapid expansion of Blockchain technology supported by the Ethereum ecosystem over the last year.
“We’ve seen an upswell of interest from Blockchain ecosystem developers looking to partner with the IOST network as well as from DApp teams looking to develop on top of it. We will be creating a highly supportive ecosystem to accelerate the most promising projects and strengthen the entire IOST network,” said Samantha Wang, Bluehill CEO.
Bluehill has set its sets on supporting IOST globally. The company plans to support teams both developing on and improving the IOST network by providing services including funding, operations, marketing, HR, recruitment, advisorship and industry partners. Bluehill and IOST also plan to jointly launch projects in order to emulate the rapid expansion of Blockchain technology supported by the Ethereum ecosystem over the last year.
Bluehill's plans are backed by over 50 full-time staff. There are Bluehill offices in China, Korea, and Singapore and offices in the US and Germany are expected to open soon. More offices are planned globally in the near future, and staff strength is expected to double by end-year.
Bluehill has already announced partnerships with seven project developers:
CertiK
CertiK is reconstructing the trust of smart contracts and Blockchains through formal verification technology. CertiK can detect the security loopholes of open source code and ensure the code is secure before the smart contract is released. CertiK features an elite team that includes Co-founder Shao Zhong, Dean of the Department of Computer Science at Yale University. Shao has more than 20 years of experience in the security field.
CertiK will explore IOST mainchain smart contract validation services in order to ensure the security of smart contracts and the overall Blockchain system, avoid bugs for on-chain transactions and secure the system from exploits by hackers.
ContentBox
ContentBox currently ranks first in its Google Play category and boasts over 16 million users. Its management team has previous experience from companies such as Google and Facebook. The ContentBox project is building a Blockchain architecture for the digital content industry, challenging traditional content giants such as Netflix and YouTube, and creating a global decentralised digital content ecosystem.
ContentBox intends to form an in-depth strategic partnership with IOST to explore how it can ensure security and support the expansion of the basic public chain. Bluehill will facilitate their transition onto IOST.
Origo
Origo is an extensible privacy protection platform for decentralised applications. Its core technology includes the Origo compiler, which can automatically generate cryptographic protocols, allowing developers to build privacy-protected smart contracts and applications. Origo’s core team comes from Tsinghua University, Carnegie Mellon University, Columbia University, and tech giants including Google, IBM and Pinterest.
Origo will improve the privacy protection policies of DApps built on the IOST Blockchain and provide security for the transmission and storage of communications, data and value.
Rate3
Rate3 is establishing an ecosystem for secure and efficient cross-border payments. Rate3 will also build a simpler infrastructure for trustworthy e-commerce relationships, facilitate the transfer of funds between merchants and consumers, and establish a reliable credit scoring system for traditional lenders and capital providers. The core team hails from Stanford University and the National University of Singapore. The team previously successfully built the RateX and RateS e-commerce products, which saved more than US$200,000 in cross-border payments and provided over US$500,000 in discounts for 150,000 users.It has cooperated with several well-known e-commerce platforms, including Taobao, Amazon, and Singapore e-commerce companies.
Rate3 will be based on the IOST chain, creating a new e-commerce system with low transaction costs, efficient operation, and distributed redemption functions.
Lambda
Lambda is a Blockchain infrastructure designed to provide unlimited storage as a service for decentralised applications, multichain data storage, cross-chain data management, data privacy protection, user data, ownership verification, and distributed intelligent computing. Lambda uses sharding and sub-chain tech to greatly enhance system scalability, and is a future-oriented data service. Lambda’s core team has open source project development experience including on several Apache projects such as Camel, Akka, and Drill. The Lambda team is mostly composed of former OneAPM employees.
Lambda will work with IOST to reduce the risk of data loss, reduce storage and bandwidth costs, and provide content-addressable, peer-to-peer distributed storage and transmission protocols that enable users to create faster, more secure and lower cost data services.
Covalent
Covalent is a privacy-protected data network that utilises a decentralised computing network to ensure that data is encrypted at all times. Covalent team members hail from universities including Harvard, Princeton, and MIT, and possess research and industry experience in machine learning and artificial intelligence.
Covalent core technologies are designed to guarantee data privacy. Covalent Networks will also set up a data exchange platform that allows users to run artificial intelligence/machine learning (AI/ML) models on encrypted data without worrying about the privacy of the data. Covalent will collaborate with IOST to explore the application of privacy protection technologies such as Enclave, zk-STARK, and Homomorphic Encryption to create a privacy focused decentralised data network.
Plair
Plair is a Blockchain-based game platform committed to bringing the virtual gaming experience of e-sports to a sustainable development ecosystem. Players can interact, play, watch or discuss games all on the Plair platform. Plair will measure the value of the participants, and reward those who contribute to the platform, motivating participants to create more value in-game. Plair will feature community management systems, social tools, artificial intelligence cross-platform matching and other analysis tools to build a Blockchain-based game ecosystem platform. The Plair CEO has founded a number of technology companies and previously worked at Dell and EMC. The team includes professional e-gamers and e-sports club managers.
With IOST, Plair will explore the Blockchain network and its high-speed virtual machine to better support Blockchain functionality for high-performance games.
Explore:
Bluehill is interested to work with developers or entrepreneurs interested in contributing to the IOST network via core Blockchain innovation, DApp development, or other initiatives. Contact Bluehill
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