https://bitcoinmagazine.com/articles/ethcore-raises-financing-round-as-first-venture-capital-funded-ethereum-startup-1461343599Ethereum startup Ethcore has raised $750,000 in a preliminary, pre-seed funding round led by Silicon Valley-based Blockchain Capital and Shanghai-based Fenbushi Capital.
The startup was also awarded a grant by the U.K. governments Innovate UK to create a next-generation foundational distributed ledger platform for institutional communication, authorisation, and consensus.
What Is Ethcore?
Ethcore was founded by Ethereum co-founder and former CTO Gavin Wood. Along with Vitalik Buterin, Wood co-designed the Ethereum protocol and took a lead in various parts of the Ethereum ecosystem, including devising the Solidity programming language, refining the Ethereum Virtual Machine (EVM) and writing the acclaimed Yellow Paper, the first formal specification of a blockchain protocol.
Gavin Wood told Bitcoin Magazine:
We have developed high-level designs for tackling scalability and privacy that can help us overcome some of the problems and help in various settings. They'll be implemented over this year
. We'll expect a much more scalable public blockchain in the next couple of years.
and maybe another killer dapp like slockit,augur.......REGIS,
http://regis.nu/index.html ( beta)
http://allcoinsnews.com/2016/04/21/consensys-regis-platform-enables-registry-creation-management-on-ethereum-blockchain/likely use cases for Regis include auctions, updating contracts, and registries for land or natural resources.
