The BitFury Group

Your full service blockchain technology company

The internet allows us to digitize information and transfer it globally, but it lacked a solution to digitize and securely transfer assets.

The BitFury Group utilizes the technology of the public Blockchain to allow companies to successfully digitize their assets and safely transact them over the internet – making the world safer, simpler and more efficient.

Valery Vavilov

CEO and co-founder of The BitFury Group

What we do

The BitFury Group makes it possible to securely move an asset, peer-to-peer,
across both the private and public Blockchain.

We develop and deliver both the software and the hardware solutions necessary to transfer highly secured applications on private and public blockchains.

Our broad suite of offerings include:

Security
Secure private and public Blockchain transactions using our proprietary hardware and software solutions.
Transaction processing
Process private and public Blockchain transactions.
Property rights registry
The Republic of Georgia has partnered with The BitFury Group to advance transparency by developing a system for registering land titles using the Blockchain for the National Agency of Public Registry. Hernando de Soto, The BitFury Group board advisor and economist known for his work on the importance of property rights, will assist with platform development. This pilot project is the first of many property rights registry projects to come.
Blockchain analytics
The Blockchain contains an immutable record of every transaction in history, which provides the ability (through big data mining and advanced data analytics) to trace nefarious uses of digital currency. The BitFury Group plans to partner with law enforcement globally, just as it has with the U.S.-based Blockchain Alliance. The BitFury Group’s vision is that Blockchain adoption can further accelerate as it becomes a technology for the mainstream unhindered by unlawful elements and actively supported by regulators.
Lightning Network
Lightning is an overlay network to the Bitcoin Blockchain that increases its utility by enabling instantaneous microtransactions. The Lightning Network is among the industry’s most important efforts for Blockchain scalability, for which The BitFury Group is a leading code development contributor.
Informational web portal
The BitFury Group plans to build on its analytics capability by reporting public Block statistics and news from around the web that will provide a valuable resource for beginners and experts alike. The BitFury Group’s vision is to demystify the Blockchain through availability of well organized information.
Platform as a service (PaaS)
The BitFury Group solution will allow businesses and governments to digitize any assets and securely transfer them on the public Blockchain, as well as secure the integrity of critical information in existing databases using blockchain technology.
Platform for developers
Provide a facilitating platform for developers to easily create applications for the public Blockchain.

Who we are

We are a global team of experts in technology, business, communications,
security and civil society who believe blockchain technology will change
the world for the better – for all.

We believe the Blockchain can and will:

Open new doors for economic opportunity and prosperity

Advance fresh applications that will further promote innovation

Spread opportunity through transparent voting, small business ownership, land ownership,
and global peer to-peer support

Drive the further advancement of the peer-to peer economy and the Economy of Things

We believe the world
is changing
and we are
on the front lines of this
groundbreaking evolution.

What our clients, partners, and investors say:
  • We are delighted to have BitFury as a founding member of the Blockchain Alliance. BitFury's deep and longstanding commitment to transparency and accountability makes it an industry leader.
    Jason Weinstein
    Director Blockchain Alliance
  • “DRW’s investment in BitFury is an acknowledgment of the impressive work Valery Vavilov and the team has done to become a leader in the business of securing the blockchain. By supporting BitFury’s efforts in this regard, and by providing liquidity in bitcoin via its wholly owned subsidiary, Cumberland, DRW aims to facilitate the widespread adoption of the distributed ledger technology.
    Don Wilson
    Founder DRW Venture Capital
  • Bitfury is the first major player in the industry with revenue critical mass that is both financially viable and institutionally credible.
    Bill Tai
    BitFury Investor and Board Member
  • We are honored to have partnered with BitFury to help fuel the company’s continued growth. BitFury is the clear market leader and also one of the most innovative companies in the entire ecosystem.
    MATTHEW ROSZAK
    Founding Partner, Tally Capital
  • As a trusted broker for large bitcoin transactions, Binary Financial made a strategic investment in BitFury, and we believe BitFury will continue to lead the way for ASIC development.
    BINARY FINANCIAL

Geography

The BitFury Group has offices in San Francisco, Washington D.C., Hong Kong, London and Amsterdam, and data center operations in Iceland and the Republic of Georgia.