Share this article
Smart Contracts Platform Symbiont Issues its First Cryptosecurity
Smart contracts platform Symbiont has announced the issuance of its first so-called smart security.
By Stan Higgins
Updated Sep 11, 2021, 11:48 a.m. Published Aug 4, 2015, 6:45 p.m.
Smart contracts platform Symbiont has issued its first "smart security".
The announcement was formally unveiled at an event in New York today, during which the security was issued on the bitcoin blockchain.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
aims to provide services in the nascent cryptofinance sector, and traces its roots to both Overstock's Medici project as well as the Counterparty project. Several developers, originally working on Medici, left that initiative earlier this year and later established Symbiont.
Mark Smith, CEO and co-founder of Symbiont, said in a statement:
“We are proud to be on the leading edge of this blockchain and distributed ledger movement. With interest in distributed ledger technology growing rapidly, financial institutions are exploring how to leverage it to improve the efficiency and security of trading and processing financial transactions."
Advertisement
The launch comes more than a month after the startup raised $1.25m in seed funding. The company is seeking to close a Series A round before the end of 2015.
Image via Shutterstock
More For You
More For You
[Test Article] Roman Storm's Defense Team Wants to Know if DOJ Withheld Evidence
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem. Nulla consequat massa quis enim. Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu.
Top Stories
