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Cryptocurrency that uses blockchain technology may also facilitate money laundering.
Colu is a digital wallet that uses blockchain technology to create local currencies.
Dev Protocol is a new project that uses blockchain to give software developers a secure place to build their professional reputations.
"I'm excited Toyota is spearheading this initiative that uses blockchain technology to create an open platform where users can control their driving data," said Neha Narula, Director, Digital Currency Initiative at the MIT Media Lab, in a statement.
Bitcoin as a currency is simply one application that uses Blockchain technology, the underlying technological framework that makes the currency, and all other potential applications possible.
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The company wouldn't confirm whether it was still looking toward digital currency as a fundraising method moving forward, though it did tell the news agency that using blockchain for security purposes is still very much on the table.
The Sony Global Education division of the company has developed technology that uses the blockchain to house educational data that can be securely shared with other services and third parties.
The funds are being used to develop a system that uses the blockchain to disintermediate bitcoin exchanges, making it easier to trade crypto coins — not to mention easier to hold ICOs.
Bancor is developing a system that uses the blockchain to disintermediate bitcoin exchanges, making it easier for individuals to trade crypto coins and, among other things, smoothing the path to holding ICOs.
Coinbase, the prominent cryptocurrency exchange, has announced its most significant piece of M&A to date after it agreed to buy Earn.com, the U.S. startup that uses the blockchain for its paid-email service, in a deal worth more than $120 million.
The company plans to build an open-source protocol that uses the Ethereum blockchain as well as private sidechains, a marketplace of products and its own apps.
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