Hex Capital joins C Block Capital in the SuperNode Community (SNC) project, where Hex will implement the SNC platform on EOS Blockchain and provide institutional custodial services through Hex Safe.
The SuperNode Community (SNC) is a decentralized venture capital ecosystem, powered by a congress of 21 SuperNodes, which aims to democratize venture capital by unlocking access to funding, deal flow, and preferential pricing. The SNC ecosystem will comprise startup projects, incubation professionals, professional investment managers, digital asset funds, and service providers.
Hex Capital was recently featured in an article interviewing Binance Labs’ Director (Benjamin Rameau) about why they’re investing US$1BN to find the next blockchain unicorn.
The article provides interesting insights into Binance Labs’ investment focus and how they assess opportunities in the blockchain world.
“In order for the ecosystem to support the first billion users, blockchain’s infrastructure layer needs work. For large financial institutions to enter, custody is a critical element to ensure digital assets can be safely and securely managed. This is an area we are also focused on developing at Hex Capital.”
“For retail users, simpler crypto-wallets are needed to help onboard the masses, especially for those who aren’t “tech savvy.” Other aspects of the infrastructure layer that Binance Labs thinks still need enhancing are “more scalable protocols and more secure smart contracts.”, Rameau explained.”
It is through the implementation of regulatory actions that Hong Kong is seeking to gain the reputation to become an important international blockchain hub. The support of blockchain from the Hong Kong Government can clearly be seen. Recently, they created a special policy to expedite Immigration for Blockchain Job seekers — an important initiative to attract the best worldwide talent and aid projects which are currently based here.
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Blockchain Security: How Safe Is a Bitcoin Transaction Really?
Thanks to blockchain technology, cryptocurrencies are often seen as more secure than existing currencies, banks, and financial institutions. Transactions recorded in a public, distributed ledger are more transparent and harder to tamper with.
However, there are two sides to the coin.
Cryptocurrency transactions and blockchain ledgers do have some security weaknesses, but they aren’t necessarily the fault of the underlying technology. Actually, the structure of Bitcoin and its blockchain means there are aspects to every transaction that are virtually bulletproof from a security standpoint.
By Nik Bhatia
Let’s get one thing straight before we dive into the financialization of bitcoin: bitcoin doesn’t need any ETFs or legacy custodians in order to survive. In fact, bitcoin thrives because it didn’t closely interact with traditional financial institutions in its early years and thus cemented its decentralization. The relationship between bitcoin and traditional financial institutions, however, is about to change in a big way. It’s worth taking a step back and assessing some pros and cons, as well as strategize the ideal outcome for bitcoin so that the 21 million supply maximum isn’t diluted by a fractionally reserved overabundance of claims masquerading as real bitcoin.
Members of the Hex Capital team will be in Singapore this week to attend Consensus.
Will you be there? Want to talk blockchain and explore ways to collaborate?
Reach out and let us know — email@example.com