Bitfury Newsroom

The Bitfury Group announced a collaboration with the Massachusetts, U.S.-based Provident Bank to use its Crystal blockchain analytics platform for new digital asset compliance, including anti-money laundering services.

The Bitfury Group has been chosen as one of the World Economic Forum’s 2019 “Technology Pioneers,” a select group of the most promising global companies that are disrupting a broad cross-section of industries. The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.

Nebula Genomics, a startup spun out of a Harvard Medical School laboratory in 2018, has signed an agreement with EMD Serono (the biopharmaceutical business of Merck KGaA, Darmstadt, Germany in the U.S. and Canada) to allow access of genomic data from Nebula’s blockchain-based network. Using Bitfury’s Exonum enterprise blockchain platform, which taps into the bitcoin blockchain, Nebula provides a tamper proof device for record keeping.

The Bitfury Group, the world’s leading full-service blockchain technology company, and Mphasis, an Information Technology solutions provider specializing in cloud and cognitive services, have announced a strategic partnership to bring new levels of automation, transparency and efficiency to the financial services infrastructure that underpins global trade.

Mphasis Ltd, an Indian technology firm majority-owned by Blackstone Group LP, has teamed up with blockchain firm Bitfury to create either a digital token or a platform aimed at automating financial services such as payments in international trade transactions between countries.

Swiss investment firm Final Frontier and global blockchain technology company the Bitfury Group, which was recently valued at $1 billion, on Wednesday announced the launch of a regulated bitcoin mining fund.

Final Frontier today announced the launch of a fully regulated bitcoin mining fund designed for institutional and professional investors, following authorization by a European financial regulator. The product, developed by Final Frontier, provides investors with a regulated investment vehicle to gain exposure to bitcoin mining. It was engineered leveraging Bitfury’s world-class expertise in hardware development and mining, and Final Frontier’s experience developing and structuring financial products.

The Bitfury Group has partnered with leading Korea IT security company Hancom Secure to distribute Bitfury’s Crystal™ analytics platform to their clients. Hancom Secure clients will soon be able to use the Crystal platform to improve KYC/AML procedures, further cybercrime investigations, and support blockchain-based financial services.

The Bitfury Group and health data company Longenesis launched production of a blockchain-based consent management solution for doctors and patients that streamlines data collection for medical research, built on Bitfury’s Exonum blockchain platform.

The Bitfury Group has partnered with business payments processor HadePay to bring lightning network-based bitcoin payments to merchants in the U.S., Canada and the EU.