Blockchain: Distributed Shared Ledger Technology
Blockchain is changing more than just cryptocurrency - discover how this technology has the potential to revolutionize almost every industry sector.
Our “Science Strikes Back” series introduces some of the most exciting, forward-leaning venture investment sectors in deep tech.
Our Deep Tech Fund co-invests alongside established deep tech venture firms in companies taking on the toughest and potentially most lucrative technological challenges. Our point of view is that the need has never been higher for scientific thought and innovations tackling hard problems. Click below if you want to be notified when the fund opens in July 2020.
Deep Tech Focus #3 – Blockchain
Defining the Space
If you merely equate blockchain with Bitcoin, you’re missing the infinitely bigger innovation that underlies this core technology. Blockchain is an innovative, distributed shared ledger technology that enables transactions and tracking of asset ownership.
To unpack that:
- Distributed and shared means that anyone can access it, but no single user controls it.
- Transactions can mean sales agreements, exchanges of records, and more (see below).
- Assets can be anything—yes, cryptocurrencies, but also securities, contracts, medical records, contracts, escrow, digital identifies, and more. Virtually anything of value can be tracked and traded/exchanged on a blockchain network.
In Our Portfolio
AVG Portfolio Companies in the Blockchain Space
These are just a few of our portfolio companies putting blockchain technology to work:
- Algorand develops next-gen blockchain tech centered around a novel, more scalable, faster, and more efficient consensus protocol based on proof-of stake.
- Everynym is a decentralized, blockchain-based digital-identity solution that gives users control of their own identity at all times.
- Molten empowers media artists and businesses with a complete blockchain infrastructure to directly publish, license, and monetize their content (text, audio, image, video, VR).
AVG’s Deep Tech Fund invests in a venture portfolio of companies on the cutting edge of innovation. Our point of view is that the need has never been higher for scientific thought and innovations tackling hard problems. Do you want to be notified when the fund opens in July 2020? Click below.
Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.