A UK company Razormind has emerged with details of its current work and plans related to Blockchain which may take it head to head against corporate giants such as Microsoft, IBM and Eris as well the new crypto on the block Ethereum.
Razormind have over 260 staff and offices in London, Manchester, Belfast and Vancouver. Their clients are predominantly FinTech and household name banks including HSBC and Santander. Exploring ways to tailor Blockchain to finance
When asked what made them delve into the cryptocurrency and blockchain industry and when their journey began, the CEO Mr Jawad Yaqub said: “The pure joy of discovering Bitcoin. Around four years ago we made a small attempt to explore the source codes of Bitcoin (the famous 0.8.6 revision), Litecoin, Ripple, and later on Ethereum.” “It became clear what powers Bitcoin is the blockchain and so we quickly abstracted it out and explored ways to tailor blockchains to enterprise and finance use-cases within Razormind.” “Your readers may remember we built the first digital currency factory – Razorcoin – and started selling custom digital currencies, with their related clients, seed nodes, enterprise APIs etc. to businesses directly. I’m glad to say we built the first version of IrishCoin which was featured in the Wall St Journal . Our motivations were clear – we wanted to make blockchain accessible and safe to use for everyone.” As an AI and computer science specialist Jawad believes it has the potential to change our lives for the better in so many ways, not just financially. He is also a strong proponent of decentralization and has it incorporated into much of their work. Proof of index
An interesting example of this is their twist on their custom blockchains: without interfering with the decentralization aspect they have implemented a ‘proof of index’ […]
