04/04/19 10:34 UTC-4

Okta represents its own venture capital fund of $ 50 million

At his conference for Oktane clients, Okta cloud technology identification manager announced the allocation of $ 50 million for investment in a new generation of identification and authentication startups. 

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On April 3, 2019, the San Francisco-based Okta, a corporate identity provider, established the Okta Ventures investment fund of $ 50 million and announced its first investment in Trusted Key, a blockchain-based digital identification company.


Okta Ventures Foundation

Okta Ventures is an early stage fund for identification and authentication startups using artificial intelligence, machine learning and blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
technologies. As well as offering Okta software development partnerships, SDK and APIs and experience sharing.

Trusted Key, the first investment of the fund (no amount specified), is a blockchain-based company founded in 2016 by former executives of Microsoft, Oracle and Symantec.

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The company offers decentralized identification solutions that combine mobile and blockchain technologies within a secure platform.

Okta has announced the creation of its own venture capital fund of $ 50 million. Okta this week showed that 61 percent of well-known digital companies worldwide are investing in blockchain. In the course of the survey, 1,050 decision-makers in the field of IT, security and design were surveyed from global companies with an income of at least $ 1 billion.

Editor: Yuliya Soroka

See also: "CoinMarketCap recorded a record increase in cryptocurrency trading volume"

#Okta #fund #blockchain #OktaVentures



17/05/19 06:00 UTC-4

#DropGold Bitcoin movement is now on American TV channels

​On May 16, it was reported that the popular American TV channels, National Geographic and Fox News, will broadcast a video ad for the DropGold movement. As it became known, the project was financed by Grayscale Investments and Barry Silbert.

03/05/19 09:00 UTC-4

Vitalik Buterin: Ethereum for people!

​On May 3rd, the Ethereum cryptocurrency developer stated that Ethereum coins are intended primarily for ordinary people. According to Vitalik Buterin, cryptocurrencies should become easier and more reliable.

20/05/19 10:08 UTC-4

WhatsApp messenger now supports Bitcoin and Litecoin payments

​On Sunday, May 19th, developers from the Zulu Republic team reported on the implementation of a special bot for crypto transactions inside the WhatsApp messenger. Now the WhatsApp network can make payments in Bitcoins and Litecoin.

Hypes, funds, fiat money