Blockchain platform Coinfirm has launched its lab for blockchain technology development, research and collaboration in central Europe. The Coinfirm Block Lab provides the opportunity for financial, regulatory and educational institutions to participate in the development of blockchain technology. It also serves as an ecosystem connecting members with top talent, start-ups, partners and investors from around the world and is partnered with multiple financial institutions and entities including Bitcurex, one of the largest bitcoin exchanges in Europe.
Paweł Kuskowski, Co-Founder of Coinfirm and an expert in AML/KYC compliance for blockchain and digital currencies, stated: “It will be a great environment to work on solutions around Bitcoin, Ethereum, smart contracts and compliance but will address countless types of applications. Much like the Internet was in the 90’s, Blockchain is going to very quickly affect countless industries and become a significant part of the systems that run our daily lives. Development and access at this stage should not only be available to financial institutions or well-funded companies but also governments, developers, universities and other start-ups,”
Coinfirm is focused on blockchain identification, verification and globally automated compliance; the lab enhances the potential to accelerate global adoption by providing partners the ability to test and develop independent and synergistic blockchain applications.
Kuskowski continued: “Blockchain is probably the most important technology since the advent of the Internet and it’s crucial for everyone’s long term goals to be able to have access to this opportunity. The values of blockchain are built on that sort of premise, that’s why we’re opening more Coinfirm labs across the world and are already partnered with entities in places such as Nigeria. Access to resources is one of the biggest factors in growth and success and the future is built on a more collective approach towards that access, whether it be the biggest bank or a single developer on the other side of the world,”
Many projects are currently in development within the Coinfirm Block Lab including the IDbity project, the “Blockchain Bug Bounty” program where developers are rewarded for finding system shortfalls, as well as applications for the unbanked world. The start-up will address more industries witconfh implementable solutions through the lab as it continues to build itself up in the international blockchain technology development scene.