Chainreactor is developing and commercializing a permissioned blockchain platform for private, commercial grade solutions. The startup is the brainchild of former Capital One database specialist, Jonathan Nelson.
Nelson conceived of Chainreactor while building blockchain proofs-of-concept at Capital One in 2014 and 2015. He left the bank and teamed up with an industry veteran, Derick Smith, to turn his concept into reality. Based out of Indianapolis, Chainreactor is planning to release an early version of its technology to a small group of beta testers in June, and hopes to achieve a commercial launch towards the end of 2016. The company also has an office in Lan Kwai Fong, Hong Kong.