Author: Charles Stack

Yahoo! Finance | Full Article Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives. Speaking at the ongoing Blockland Solutions conference, nonprofit JumpStart CEO Ray Leach announced that a total of seven funds were primed to invest $100 million in “early-stage startups that focus on using blockchain technology for business or government.” Another $200 million was being considered by “additional investment teams” for blockchain outfits working within Ohio’s social welfare projects, dubbed “Opportunity Zones.” Read More

BitcoinNews | Full Article As reported by local news outlet Cleveland.com, several investment fund firms based in Ohio, including local accelerator and venture fund JumpStart, are to be pooling their resources and investing USD 100 million into blockchain startups that give focus to utilizing the tech for business or government purposes. According to JumpStart CEO Ray Leach, who made the announcement on Sunday, 2 December, there is to be an additional USD 200 million poured in over the next three years by the funding teams. Ohio is home to “Opportunity Zones”, areas with tax incentives for investors to encourage economic growth…

Cleveland.com | Full Article Lubin was the first keynote speaker at the sold-out Blockland Solutions conference held this weekend at Cleveland’s convention center. He co-founded Ethereum, a blockchain-based computing platform and operating system, and then started ConsenSys, a group of companies using the system. Blockchain, a technology in its early stages, is a online distributed ledger system. Though its most widely-known use is as the underpinnings of cryptocurrency like Bitcoin, it can also be used to securely store information such as supply chain functions or medical data. Lubin mainly spoke about the applications of Ethereum and blockchain technology, including online transactions.…

Crains | Full Article Moreno has gathered a "governing body" that includes more than 20 prominent Clevelanders to guide the development of this effort, and most are participating in the conference. They come from the region's businesses, law firms and nonprofits, including Case Western Reserve University, Destination Cleveland and JumpStart Inc. A key part of the plan to create a blockchain hub in Cleveland is a $150 million Blockland Cleveland incubator, a privately financed business Moreno has said he will build to be a place where would-be blockchain entrepreneurs could come to develop new businesses, making Cleveland an international center…