ConsenSys Ventures Selects 10 Blockchain Startups For Tachyon Accelerator Program

Blockchain, News | April 2, 2019 By:

ConsenSys Ventures, the external investment arm of ConsenSys, has released the names of the blockchain firms that were selected for the second cohort of its blockchain-focused accelerator Tachyon.

Tachyon, which was launched in the fall of 2018, is an ethereum focused accelerator program that gives participants the opportunity to learn from and to be mentored by members of the ConsenSys Mesh – including MetaMask, Truffle, Infura, Legal, and others – pioneers in the blockchain technology space, and advisors from both the web 2.0 and web 3.0 worlds.

The second cohort, which commenced on Monday from the German Bundestag, brings together 10 blockchain startups from across the globe focused on building new solutions and platforms across data privacy and identity, advanced encryption, healthcare, AI & IoT solutions, decentralized finance, microinsurance, and other sectors. These include:

  • Genomes.io – a DNA data bank that uses blockchain and encryption technologies to allow users to query and share segments of their genome using a repeat consent model.
  • Blok-Z – a startup offering blockchain-based solutions to the energy market by bringing together producers, suppliers and consumers in a decentralized manner.
  • Glimpse – a protocol for self-sovereign identity set on separating the ‘who you are’ and the ‘what you do’ parts of identity.
  • Sensor Link – a startup developing a blockchain-based software architecture that will allow companies working in smart sensing technologies to provide guaranteed auditability to their end users.
  • LawCoin – a litigation finance investment platform for investing and trading in shares of lawsuits.
  • Cypherock – a startup that provides security storage solutions for blockchain based digital assets and private
    keys.
  • Ether.Cards – a Singapore-based entity making cryptocurrencies physical.
  • Sooho – a smart contract and transaction security firm based out of South Korea.
  • IBISA – a risk-sharing service — an alternative to micro-insurance — targeting small farmers worldwide.
  • Linkdrop – a startup that aims to enable users or dApps to send digital assets to receivers through URLs without knowing their address in advance.

According to ConsenSys Ventures, the incubation efforts will take place in Berlin and San Francisco.

“We continue believing in providing support to promising entrepreneurs that need the accelerator format to refine their projects and ideas,” said Kavita Gupta, Managing Partner of ConsenSys Ventures. “With the backing of the ConsenSys and Ethereum ecosystems, we aim to provide all the necessary tool-kits for our entrepreneurs to succeed both in the short term and in the long run.”