JHB home to new blockchain firm
23/05/2018
-- --
TechCentral reported that a consortium co-founded by Riccardo Spagni, the South African blockchain and cryptocurrency expert who is lead maintainer of monero, has announced a new open-source blockchain protocol built specifically for digital assets.
The company that will develop the protocol, called Tari - and whose backers include several high-profile Silicon Valley venture capital firms - is setting up shop in Johannesburg. Tari has already drawn financial backing from Redpoint (one of the early investors in Netflix), Trinity Ventures, Canaan Partners, Slow Ventures, Aspect Ventures, DRW Ventures, Blockchain Capital, Pantera Capital and Multicoin Capital.
-- --
The idea behind Tari is to redefine the digital asset experience for both businesses and consumers by making these assets easier to manage, transfer and use , the company said in a statement.
Plettenberg Bay-based Spagni is well known - and highly regarded - in global cryptocurrency circles as a member of the monero core team, which oversees development the privacy-focused digital currency. Monero is one of the world's top 10 cryptocurrencies.
Tari is headed by Spagni, US-based entrepreneur and angel investor Naveen Jain, and Dan Teree, who built Ticketfly into one of the biggest players in the US ticketing industry before selling it to Pandora in 2015 for $450m.
The company is now hiring a Johannesburg-based team - mainly developers - to build the protocol, which will allow people to manage and transfer digital assets with more flexibility, enable true digital scarcity and break down the industry-specific silos in which businesses currently operate .
Tari is going to fundamentally change the way we interact with digital assets, Jain said. Our current world of digital assets is incredibly inefficient and frustrating, and we want to fix that.
Spagni said that much of the talent needed to build Tari already exists in South Africa, hence the decision to open the office in Johannesburg. The process of recruiting our team is well under way. Our developers have the opportunity to build a decentralised assets protocol, on top of monero, that will be used by millions of people in their everyday lives. - 2018 NewsCentral Media
Source: TechCentral
-- --
LINK: | http://www.screenafrica.com/2018/05/23/digital/business-digital/jhb-ho... |
See more stories from screenafrica |
Africa Stories
28/03/2024
Tonight on House of Zwide: Zanele informs Zola of her pregnancy
Tonight on House of Zwide: Zanele informs Zola of her pregnancyDon't miss Thursday, 28 March's riveting episode of South African soapie House of Zwide o...
28/03/2024
Tonight on Umkhokha: MaMzobe outsmarts Gabisile but Difa's suspicion rises
Tonight on Umkhokha: MaMzobe outsmarts Gabisile but Difa's suspicion risesDon't miss Thursday, 28 March's riveting episode of South African soapie U...
28/03/2024
Tonight on Uzalo: Mbatha wins Linda Sibiya over
Tonight on Uzalo: Mbatha wins Linda Sibiya overDon't miss Wednesday, 27 March's riveting episode of South African soapie Uzalo on SABC 1 on DStv channel...
28/03/2024
Generations: The Legacy - Wednesday's episode, 27 March 2024 [VIDEO]
Generations: The Legacy - Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The S...
28/03/2024
Prison Journalism: Witness the Cycle from the Streets
Prison Journalism: Witness the Cycle from the StreetsWesley Leong was incarcerated at the age of 15 in 1996 at Pollsmoor Prison. He is currently part of Restore...
28/03/2024
Prison Journalism: Inmate pre-release and release processes
Prison Journalism: Inmate pre-release and release processesDean Mashimbwe, a Zimbabwean migrant residing in Cape Town, was incarcerated at Pollsmoor Correctiona...
28/03/2024
Streaming today: When You Finish Saving The World' on Netflix - 28 March 2024
Streaming today: When You Finish Saving The World' on Netflix - 28 March 20...
28/03/2024
Prison Journalism: The Story of Paulus
Prison Journalism: The Story of PaulusDavid van Nek was incarcerated in Pollsmoor Prison from 2013 until 2015 and participated in the restorative justice progra...
28/03/2024
Prison Journalism: Inside and Outside
Prison Journalism: Inside and OutsideFawaaz Adendorff was incarcerated in Pollsmoor Correctional Centre and participated in a Restorative Justice programme whil...
28/03/2024
Tonight on Muvhango: Imani escapes Khumo's hellhole
Tonight on Muvhango: Imani escapes Khumo's hellholeDon't miss Thursday, 28 March's riveting episode of South African soapie Muvhango on SABC 2 on DS...
28/03/2024
Tonight on Generations: Kea can sense her brother is hiding something
Tonight on Generations: Kea can sense her brother is hiding somethingDon't miss Thursday, 28 March's riveting episode of South African soapie Generation...
28/03/2024
Tonight on Smoke and Mirrors: Magolide and Tiny compete against each other
Tonight on Smoke and Mirrors: Magolide and Tiny compete against each otherDon't miss Thursday, 28 March's riveting episode of South African soapie Smoke...
28/03/2024
Tonight on Champions: Washington's struggle takes an unexpected turn
Tonight on Champions: Washington's struggle takes an unexpected turnDon't miss Thursday, 28 March's riveting episode of South African soapie Champio...
28/03/2024
Tonight on Scandal: Tibi's meltdown softens a teacher
Tonight on Scandal: Tibi's meltdown softens a teacherDon't miss Thursday, 28 March's riveting episode of South African soapie Scandal! on e.tv on DS...
28/03/2024
Tonight on Gqeberha: Lulama tells Thulani that she's pregnant with his child
Tonight on Gqeberha: Lulama tells Thulani that she's pregnant with his childDon't miss Thursday, 28 March's riveting episode of South African soapie...
28/03/2024
Tonight on My Brother's Keeper: Ndumiso has the wrong end of the stick
Tonight on My Brother's Keeper: Ndumiso has the wrong end of the stickDon't miss Thursday, 28 March's riveting episode of South African soapie My Br...
28/03/2024
Tonight on Skeem Saam: Lehasa doubles down on his ill-treatment of Pretty
Tonight on Skeem Saam: Lehasa doubles down on his ill-treatment of PrettyDon't miss Thursday, 28 March's riveting episode of South African soapie Skeem ...
28/03/2024
Smoke and Mirrors: Wednesday's episode, 27 March 2024 [VIDEO]
Smoke and Mirrors: Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South Af...
28/03/2024
Muvhango: Wednesday's episode, 27 March 2024 [VIDEO]
Muvhango: Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South African web...
28/03/2024
Gqeberha: The Empire - Wednesday's episode, 27 March 2024 [VIDEO]
Gqeberha: The Empire - Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The Sout...
28/03/2024
Skeem Saam: Wednesday's episode, 27 March 2024 [VIDEO]
Skeem Saam: Wednesday's episode, 27 March 2024 [VIDEO]Missed an episode of Skeem Saam? No problem! Watch the latest episode of your favourite South African ...
28/03/2024
House of Zwide: Wednesday's episode, 27 March 2024 [VIDEO]
House of Zwide: Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episode of South African soapie House of Zwide on The South Africa...
28/03/2024
My Brother's Keeper: Wednesday's episode, 27 March 2024 [VIDEO]
My Brother's Keeper: Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The So...
28/03/2024
Uzalo: Wednesday's episode, 27 March 2024 [video]
Uzalo: Wednesday's episode, 27 March 2024 [video]Stay up to date with the latest episodes of your favourite South African soapie on The South African websit...
28/03/2024
Scandal!: Wednesday's episode, 27 March 2024 [VIDEO]
Scandal!: Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South African web...
28/03/2024
Umkhokha: The Curse - Wednesday's episode, 27 March 2024 [VIDEO]
Umkhokha: The Curse - Wednesday's episode, 27 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South...
27/03/2024
Tonight on Generations: Hlomla is shaken that he came face to face with the stalker
Tonight on Generations: Hlomla is shaken that he came face to face with the stal...
27/03/2024
Tonight on Smoke and Mirrors: Tiny and Magolide plot to get the Managerial position
Tonight on Smoke and Mirrors: Tiny and Magolide plot to get the Managerial posit...
27/03/2024
Tonight on Skeem Saam: Oritonda gets to shine and it all seems to be going well for him
Tonight on Skeem Saam: Oritonda gets to shine and it all seems to be going well ...
27/03/2024
Tonight on Muvhango: Khumo, who is out on bail, tortures Imani
Tonight on Muvhango: Khumo, who is out on bail, tortures ImaniDon't miss Wednesday, 27 March's riveting episode of South African soapie Muvhango on SABC...
27/03/2024
Scandal!: Tuesday's episode, 26 March 2024 [VIDEO]
Scandal!: Tuesday's episode, 26 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South African websi...
27/03/2024
House of Zwide: Tuesday's episode, 26 March 2024 [VIDEO]
House of Zwide: Tuesday's episode, 26 March 2024 [VIDEO]Stay up to date with the latest episode of South African soapie House of Zwide on The South African ...
27/03/2024
Generations: The Legacy - Tuesday's episode, 26 March 2024 [VIDEO]
Generations: The Legacy - Tuesday's episode, 26 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The Sou...
27/03/2024
Streaming today: The Believers' on Netflix - 27 March 2024
Streaming today: The Believers' on Netflix - 27 March 2024Looking for something to watch tonight? Check out all the new streaming releases from all your fa...
27/03/2024
Tonight on Uzalo: Mondli thinks he may have an idea who robbed the police station
Tonight on Uzalo: Mondli thinks he may have an idea who robbed the police statio...
27/03/2024
Tonight on House of Zwide: Faith leaves Funani due to unappreciated support, despite Funani's pleas
Tonight on House of Zwide: Faith leaves Funani due to unappreciated support, des...
27/03/2024
Tonight on Umkhokha: MaMzobe tries to threaten Gabisile to not tell
Tonight on Umkhokha: MaMzobe tries to threaten Gabisile to not tellDon't miss Wednesday, 27 March's riveting episode of South African soapie Umkhokha: T...
27/03/2024
Tonight on My Brother's Keeper: Ndumiso threatens to move out of home over his parent's disrespect of his wife
Tonight on My Brother's Keeper: Ndumiso threatens to move out of home over h...
27/03/2024
Tonight on Gqeberha: Stokkie makes a major move for his future
Tonight on Gqeberha: Stokkie makes a major move for his futureDon't miss Wednesday, 27 March's riveting episode of South African soapie Gqeberha: The Em...
27/03/2024
Tonight on Scandal: A young girl brings a dark cloud into her family's home
Tonight on Scandal: A young girl brings a dark cloud into her family's homeDon't miss Wednesday, 27 March's riveting episode of South African soapie...
27/03/2024
Tonight on Champions: Lebo gets career-changing news, but Ferrari looms large
Tonight on Champions: Lebo gets career-changing news, but Ferrari looms largeDon't miss Wednesday, 27 March's riveting episode of South African soapie C...
27/03/2024
Gqeberha: The Empire - Tuesday's episode, 26 March 2024 [VIDEO]
Gqeberha: The Empire - Tuesday's episode, 26 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South ...
27/03/2024
Muvhango: Tuesday's episode, 26 March 2024 [VIDEO]
Muvhango: Tuesday's episode, 26 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South African websi...
27/03/2024
Smoke and Mirrors: Tuesday's episode, 26 March 2024 [VIDEO]
Smoke and Mirrors: Tuesday's episode, 26 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South Afri...
27/03/2024
Uzalo: Tuesday's episode, 26 March 2024 [video]
Uzalo: Tuesday's episode, 26 March 2024 [video]Stay up to date with the latest episodes of your favourite South African soapie on The South African website....
27/03/2024
My Brother's Keeper: Tuesday's episode, 26 March 2024 [VIDEO]
My Brother's Keeper: Tuesday's episode, 26 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The Sout...
27/03/2024
Skeem Saam: Tuesday's episode, 26 March 2024 [VIDEO]
Skeem Saam: Tuesday's episode, 26 March 2024 [VIDEO]Missed an episode of Skeem Saam? No problem! Watch the latest episode of your favourite South African so...
26/03/2024
Tonight on Uzalo: The nightmare at the police station continues for the worst
Tonight on Uzalo: The nightmare at the police station continues for the worstDon't miss Tuesday, 26 March's riveting episode of South African soapie Uza...
26/03/2024
Tonight on Gqeberha: Gubevu cautions Sivuyile against becoming like his father
Tonight on Gqeberha: Gubevu cautions Sivuyile against becoming like his fatherDon't miss Tuesday, 26 March's riveting episode of South African soapie Gq...
26/03/2024
Tonight on My Brother's Keeper: Thoba tells Sbu that Didi likes him but begs his cousin
Tonight on My Brother's Keeper: Thoba tells Sbu that Didi likes him but begs...