Binance, a16z-Backed Oasis Labs Launches Blockchain Startup Hub

Published at: Oct. 8, 2018

Blockchain cloud computing platform Oasis Labs announced a partnership with major names in crypto and venture capital to launch a blockchain tech hub called the Oasis Startup Hub, the firm announced at San Francisco Blockchain Week October 8.

According to the company’s press release, the Oasis Startup Hub aims to create an ecosystem for blockchain developers, investors, technologists, and industry key-players to collaborate, as well as technical support from Oasis Labs engineers, and “early access” to Oasis latest technology disruptions.

The new blockchain hub’s high-profile partners include Andreessen Horowitz’s crypto venture fund a16zCrypto, Accel, Binance Labs, Pantera Capital, and Polychain Capital, who are to provide “guidance” to assist developers in building “privacy-first” decentralized applications (DApps), based on Oasis Labs's protocol.

Oasis Labs CEO and UC Berkeley professor Dawn Song stated that the hub was designed to “bring experts together for invaluable interactions around how to design, build and deliver exciting new applications."

Based in Berkeley, California, Oasis Labs had emerged in the crypto sphere this July with an announcement that it has raised $45 million from major investors, including the very same a16zCrypto, Pantera Capital, Accel, and Binance.

Last week, “Big Four” audit and consulting firm Deloitte named lack of standardization and the complexity of blockchain applications as some of main obstacles the blockchain industry must overcome in order for the tech to be adopted on a mass scale.

Tags
Blockchain
Cryptocurrency Exchange
Binance
Andreessen Horowitz
Pantera Capital
Related Posts
Platform for Enterprise Blockchain Adoption Nets $45 Mln From A16ZCrypto, Binance
Blockchain cloud computing platform Oasis Labs announced July 9 that it has raised $45 mln from major investors as part of its plan to help companies adopt blockchain. In a press release, Oasis, which has University of California professor Dawn Song as its CEO and co-founder, described its plans to build a “decentralized internet” by resolving businesses’ “concerns” about implementing the technology. “Blockchains are poised to revolutionize much of the way we live, but many developers and organizations have understandable concerns about performance and privacy limitations that are currently hindering their ability to embrace the technology,” Song said. Oasis’ investors, …
Blockchain / July 9, 2018
Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’
Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier. According to a Medium post published by Binance.US on Sept. 6, while the launch of the trading platform itself is expected in the following weeks, KYC onboarding will start a few days earlier. The aim of this is to ensure that users will have time to verify their accounts and deposit their funds. KYC requirements To complete the onboarding process, users will be required to provide a valid government ID — driver’s license or a …
Blockchain / Sept. 8, 2019
Binance Futures Daily Trading Volume Over $150M in Invite-Only Mode
The 24-hour trading volume of major cryptocurrency exchange Binance’s futures markets has exceeded $150 million denominated in Tether (USDT). On Sept. 10, a Reddit user published their findings on Binance’s futures markets performance. Over the past 24 hours of trading, the figures reached notable volumes in the Bitcoin (BTC)/USDT pairing, bringing the daily trading volume to over $151 million in USDT. Closed testing mode Binance initially launched two futures testnet platforms named Futures A and Futures B on Sept. 2, inviting users to participate in a 10,000 Binance Coin (BNB) trading competition. During the competition, Binance said it would provide …
Blockchain / Sept. 10, 2019
Binance Unveils Latest Compliance Partnership Targeting Anti-Money Laundering
Cryptocurrency exchange Binance has partnered with blockchain monitoring solutions provider Elliptic to boost its regulatory compliance as part of its international expansion, a Binance spokesperson confirmed to Cointelegraph on May 1. As part of plans to ensure smooth operations in new countries with varying regulations on cryptocurrency, Binance will use Elliptic to ensure it can comply with various demands from authorities. According to a press release shared with Cointelegraph, Binance’s chief compliance officer Samuel Lim states that the latest deal will focus on Anti-Money Laundering (AML). Last month, the exchange also teamed up with blockchain analytics firm CipherTrace, also centering …
Blockchain / May 2, 2019
Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23
Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. The major crypto exchange first revealed its plans to launch its own blockchain in December 2018, intending to build a basis for issuing new cryptocurrencies and initial coin offering tokens. According to the announcement, Binance is producing blocks with consensus from the genesis block as of today, with its native coin BNB planned to be issued in the genesis block. Binance Chain Explorer and Web Wallet will be available to …
Blockchain / April 18, 2019