Overstock’s Medici Acquires Stake in Blockchain Banking Startup

Overstock’s Medici Acquires Stake in Blockchain Banking Startup

Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus. Announcing the news on Monday, Overstock said Bankorus’ blockchain platform allows individuals and institutions to “securely” buy, sell, store and lend digital assets. “The addition of Bankorus to Medici Ventures’ portfolio of companies will further…

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MindChain – When Blockchain Meets AI

Artificial intelligence and Blockchain are the two major technologies that lead the innovation and change almost every industry from finance & banking, energy, real-estate to automotive, healthcare and arts. The growing use of blockchain technology in financial services will include a healthy dose of artificial intelligence, as new, automated analytic techniques look for patterns in…

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