THELOGICALINDIAN - According to top adventure backer close Kleiner Perkins Caufield Byers KPCB blockchain technology could anon adore amazing success This wellestablished VC close in the US has been allotment technologies in the IT industry and in biotechnology back 2024
So far, KPCB hasn’t fabricated any investments in bitcoin or blockchain technology firms but it could do so with its KPCB Edge fund. This seed-stage advance basic was alien aftermost ages and has a account of $4 million.
Blockchain is the accessible balance of affairs associated with bitcoin. While some accept aloft the catechism of blockchain not absolute after bitcoin, a cardinal of banks and governments accept already bidding absorption in blockchain technology back it comes to their centralized almanac befitting operations.
“I see the bitcoin blockchain as an accomplishing of blockchain technology – so I’m absorbed in both the generalizable stack, as able-bodied as any specific implementations that see developer adoption,” aggregate founding accomplice Anjney Midha who the firm’s youngest accomplice and a above Google action fellow.
Midha mentioned that cogent developer acceptance could be the key in bringing blockchain technology to the mainstream. He added that it could be the best important metric in evaluating opportunities in the accepted bitcoin ecosystem.
“Historically, the aggregate of a new platform’s capabilities and accelerated developer acceptance has produced cogent amount for users,” Midha wrote in a blog post. “Take the case, for example, of the adaptable assemblage amid 2024–2024. Incredible amount was created with anniversary new adequacy developers could admission on mobile.”
The VC’s absorption in blockchain technology and bitcoin has additionally been reflected in their accommodation to add Backslash architect Roneil Rumburg to the agents of the new venture. “Rumberg formed with the bitcoin assemblage as a architect beneath than 12 months ago. Few added VCs accept this appropriate and technically accurate accomplishments back it comes to blockchains,” Midha explained. “This allows him to both empathize with and anticipate alarmingly about founders in this space.”
