Building the future of financial ecosystem with the power of Bitcoin technology
Blockstream is a blockchain company that develops crypto-financial infrastructure based on the Bitcoin network. Its mission is to create a financial infrastructure of the future. Blockstream is well-known for its various services and platform that uses cutting-edge cryptography and security engineering that reduces trust in order to make financial markets more efficient. The platform focuses heavily on the Bitcoin network because it is the strongest and most reliable platform compared to other cryptos.
According to Crunchbase, Blockstream provides Bitcoin and blockchain technology solutions for financial markets. The company has raised a total of $101M in more than 4 funding rounds. The latest funding round was raised on November 21, 2017. There are a lot of investors who support the company, including DG Daiwa Ventures, Pegasus Tech Ventures, Future Perfect Ventures, Mosaic, Khosla Ventures, AXA Venture Partners, Digital Garage, Tally Capital, Data Collective DCVC, Tencent Holdings, and more. On July 27, 2016, Blockstream acquired GreenAddress in order to expand its services for the community. At the time of writing, there are 9 core members including its co-founder, Adam Back.
According to its website, Blockstream is the global leader in Bitcoin and blockchain technology. Blockstream offers various technology from enterprise-grade settlement networks to Bitcoin satellites, which will accelerate the adoption of Bitcoin-based peer-to-peer finance. The main offering of the platform is Bitcoin’s sidechain, which is called Liquid Network. Liquid Network is a sidechain-based settlement platform created for traders and exchanges. The company claims that the sidechain will allow users to enjoy fast and private transactions between users and the issuance of digital assets such as stable coins and digital shares. In addition to this, Blockstream also offers other products such as Blockstream Green, Blockstream Satellite, Elements, C-Lightning, and more.