Blockchain-powered computing platform venture, Oasis Labs, has partnered with a16zcrypto, Accel, Binance Labs, Pantera Capital and Polychain Capital to launch the Oasis Startup Hub.
According to a press release, this will provide developers with guidance from investors, hands-on technical support and early access to breakthrough technology to enable new applications which feature the security, privacy and scalability benefits of Oasis Labs’s decentralised protocol.
The power of data
“As high-profile privacy failures proliferate, the value of applications that put data protection at the heart of operations will only continue to soar,” says Jake Flomenberg, Partner at Accel. “Oasis is taking an important step toward building a vibrant community committed to addressing serious issues in today’s computing landscape. Together, we’re helping unleash the power of data through innovative applications which responsibly protect privacy.”
“We’ve seen strong interest in our private testnet from companies and developers who want to build scalable applications that protect user data and put privacy first–and are constrained by existing platforms,” comments Dr. Dawn Song, CEO of Oasis Labs. “We’re encouraged by the diversity and volume of application developers who share our values and validate our approach. We designed the Startup Hub to bring experts together for invaluable interactions around how to design, build and deliver exciting new applications.”
“Oasis has impressed us with technical acumen and business leadership, and working closely with their team on this project reflects the depth of our commitment,” adds Paul Veradittakit, Partner at Pantera Capital. “The Startup Hub offers a unique opportunity to share expertise and relationships to solve key issues around blockchain scalability and privacy, and move toward widespread adoption.”
Several companies have already joined the initiative, developing applications ranging from decentralised credit scoring to distributed data marketplaces for artificial intelligence. dApp developers can apply by submitting a proposal online via oasislabs.com/startup.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.