Blockchain startup Coinfirm.io has informed about its launch of the first lab, focused on an innovation’s development, research and collaboration in the Central European region.
Coinfirm, what is a Polish blockchain startup, has launched the Coinfirm Block Lab, a hub for development and research of the blockchain technology. The platform is interested in regulatory institutions to participate and cooperate with developers and startups in the industry. During this process, Coinfirm found partner in European bitcoin exchange Bitcurex along with other non-specified financial institutions and entities.
According to the release (click here to see the full official release), Coinfirm reveals its objective to connect startups, investors and partners along with talent from around the world, to push for blockchain development coming out of the region.
The company informs that it is primarily focused on blockchain identification, verification, and compliance, the lab will help achieve a broader focus.
Coinfirm co-founder Pawel Kuskowski states:
“It will be a great environment to work on solutions around Bitcoin, Ethereum, smart contracts and compliance but will address countless types of applications. Much like the Internet was in the 90’s, Blockchain is going to very quickly affect countless industries and become a significant part of the systems that run our daily lives.”
“Development and access at this stage should not only be available to financial institutions or well-funded companies,” Kuskowski said, “but also governments, developers, universities and other startups.”
The lab is already working on development projects like the IDbity project, a ‘bug bounty’ program where developers are rewarded for finding system vulnerabilities and solutions for applications for the unbanked. The startup has partnered with entities based in Nigeria for such endeavors.
Kuskowski added:
“Blockchain is probably the most important technology since the advent of the internet and it’s crucial for everyone’s long-term goals to be able to have access to this opportunity.”
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