Press Material

The Bitfury Group, the world’s leading full-service blockchain technology company, announced today that it has added highly regarded bitcoin and blockchain expert Brian Forde to its Advisory Board. Forde has more than a decade of experience in leveraging technology for social good in government, business and academia.

The Bitfury Group, the leading global full-service Blockchain technology company, announced today that it has signed a MOU with leading professional services firm EY to test Blockchain software solutions within the EY client network.

The Bitfury Group announced today that they have expanded their communications and marketing operations to include two new team members. Veteran White House and political reporter Sam Youngman has joined the company as Deputy Chief Communications and Marketing Officer, and Kathleen Collins has joined as the new Communications and Marketing Associate. Rachel Pipan, who served as Communications and Marketing Associate has been promoted to Senior Communications and Marketing Manager and all report to Ex-Global Chief Communications and Marketing Officer, Jamie Smith.

The Bitfury Group’s innovative algorithm solution for payment routing on the Lightning Network (known as Flare) was successfully implemented and tested this week by ACINQ, a French startup that builds products and services for the Bitcoin ecosystem.

World-renowned economist and Bitfury Advisory Board member Dr. Hernando de Soto and The Bitfury Group’s Ex-Chief Communications Officer, Jamie Smith, will present at the Clinton Global Initiative (CGI) Annual Meeting. De Soto and Smith will speak in a session on “Connectivity” and will discuss the current and future power and potential of Blockchain technology, highlighting how it can, and will, enhance opportunity, increase transparency and reduce corruption.

The Bitfury Group today issued a white paper today about transaction tangling on the Bitcoin Blockchain. This white paper focuses on the existing tangling techniques of “shared send” transactions and presents an approach to detect usage of mixing schemes. First, we demonstrate that a substantial part of shared send transactions could be untangled. Second, we propose a number of practically useful modifications to this challenge and we present the results of computational experiments on shared send untangling.

 This week, Blockchain leaders traveled to Philadelphia to attend the Democratic National Convention to share with the innovative power of the Blockchain with various world leaders, political representatives and the broader electorate.

Today New America, The Bitfury Group, and the National Democratic Institute announced the launch of the Blockchain Trust Accelerator Institute, a platform that will connect Blockchain-based pilot concepts with the technologists, governments, and funders in order to deliver better governance outcomes and social impact. The Blockchain Trust Accelerator will help match promising pilot proposals with the civic expertise and technical partners needed to produce software that can be successfully scaled to address social and governance challenges.

The BitFury Group, a technology company that specializes in digital asset transfer on the Blockchain, announced today that it is building upon its leadership as a digital asset transaction processing infrastructure security provider and expanding its impact by evolving into a full service technology company by offering a broad suite of software capabilities.