Table of Contents Categories
  • Technology companies based in Australia
  • Blockchain technology company
  • Technology companies established in 2016
    •   Encyclosphere.org ENCYCLOREADER
      supported by EncyclosphereKSF

    Block8

    From Wikitia - Reading time: 4 min
    Block8
    Private
    IndustryBlockchain technology
    Founded2016
    FoundersTim Bass
    Kim Bartlett
    Phil Vadala
    Alan Burt
    Headquarters417/165, Phillip St,
    Sydney
    ,
    Australia
    Number of locations
    		2 (2020)
    Area served
    		Worldwide
    Key people
    		Tim Bass (CEO)
    Kim Bartlett (COO)
    Phil Vadala (CIO)
    Alan Burt (Chairperson)
    Services
    • Token Design
    • Distributed Architecture
    • Cryptoeconmics
    • Software Development
    • Infrastructure & Security
    Websiteblock8.com

    Block8 is an Australian technology company and venture studio headquartered in Sydney, Australia.[1][2] The company is known for developing and implementing custom blockchain applications into new and current products of the companies through using distributed systems and creating strategic partnerships with them.[3][4] The company was founded in 2016 and since its founding it has ventured with several companies including myStake, Havven, AMM, Playchip, Enosi, Programmable Equity Network, Igloo and others.[5][6]

    The company creates and develops blockchain based products and services for its clients through an incubation process by following product and commercialisation process from scratch to finish within 6 to 18 months.[7] Block8 is a privately held company and it was founded by Tim Bass, Kim Bartlett, Phil Vadala, and Alan Burt. It also has a development office in Chandigarh, India.[8]

    Blockchain platforms and tools[edit]

    Block8 develops applications using various mainstream blockchain technology platforms and tools including Corda, DARPA Agent Markup Language, Ethereum, RedBelly blockchain, and others.[9]

    Products and customers[edit]

    Block8 is a blockchain products development company and comprehensive incubator that specializes in distributed ledgers and decentralized blockchain applications from ideation to development and delivery in both social and commercial sectors.[10] The company is known for software and application development, crypto economy based products, distributed systems architecture, and network token design projects.[11]

    It works with startups, enterprises and investors in blockchain niche. Block8 has partnered with companies that have secured seed funding for prototyping stage of product development and have able leadership. They have worked with myStake, AMM, Havven, Playchip, Enosi, Igloo, Programmable Equity Network, and others.

    Block8 is known for not charging their clients during incubation period. They charge their clients after the successful investor funding round, and/or initial offering in terms of shares or crypto coins/tokens.

    Product development methodology[edit]

    Block8 develops products using leading industry product development methodology and incubation roadmap from beginning to the end. This incubation roadmap may work as follows:

    • First step is to validate the product by assessing the market requirements and then focusing on only designing the features that are commercially viable.
    • The second step is to create a minimum viable product with complete user interface, user experience design, complete stack development, mobile features, and smart contract as needed.
    • Raise funding for the clients by providing them access to the investor network or through ICO for their capital requirements.
    • Advise on how to build a marketing strategy, lead marketing campaigns, and governance related matters to provide traction.
    • Assistance with ongoing product development and human resources to sustain the drive and growth trajectory.

    This incubation methodology is known to take 12-18 months from conceptualization to implementation.

    Awards and recognitions[edit]

    • Block8 is the winner of Blockchain Hackathon (2017) as a part of a delegation team representing Australia for their traffic management project centered around autonomous driving.[12]
    • Block8 is rated number one by the BestinAU blog amongst all blockchain companies in Australia.
    • Block8 has partnered with Australian Mortgage Marketplace (AMM) and their venture is recognized for its market disruptive offerings based on blockchain.[13]
    • Their partnership with blockchain based energy startup, Enosi, is recognized for moving towards next generation energy grids and consumer centric ecosystem.

    External links[edit]

    References[edit]

    1. ↑ "Blockchain energy start-up Enosi in growth mode as part of its disruption strategy". The Fifth Estate. 2018-08-15. Retrieved 2020-02-10.
    2. ↑ Terado, Tom (2019-12-06). "What's happening in the Australian Blockchain Ecosystem?". Medium. Retrieved 2020-02-10.
    3. ↑ "18 Blockchain Companies and Cryptocurrency Exchanges in Australia". www.themartec.com. Retrieved 2020-02-10.
    4. ↑ "Real-time payments platform could improve cloud accounting". Australian Financial Review. 2019-10-28. Retrieved 2020-02-10.
    5. ↑ "NSW firms win blockchain hackathon in New York". www.industry.nsw.gov.au. 2017-06-05. Retrieved 2020-02-10.
    6. ↑ AB. "New lender promises competitive alternative". www.brokernews.com.au. Retrieved 2020-02-10.
    7. ↑ Dickerson, Cameron (2019-12-17). "10 Blockchain Companies to Be on the Lookout for in 2020". Kev's Best. Retrieved 2020-02-10.
    8. ↑ "NSW firms win blockchain hackathon in New York". www.industry.nsw.gov.au. 2017-06-05. Retrieved 2020-02-10.
    9. ↑ "Secure Agility breaks into blockchain with Block8". ARN. Retrieved 2020-02-10.
    10. ↑ "Australian blockchain delegation "scoops the field" at New York hackathon as calls grow for more government investment". SmartCompany. 2017-06-06. Retrieved 2020-02-10.
    11. ↑ "3 Best Blockchain Technology & Development Companies". Best in Australia. 2019-11-01. Retrieved 2020-02-10.
    12. ↑ "Australian firms triumph at US blockchain hackathon | FST Media". fst.net.au. Retrieved 2020-02-10.
    13. ↑ "New mortgage lender set to disrupt local market – Australian Mortgage". Retrieved 2020-02-10.
    Licensed under CC BY-SA 3.0 | Source: https://wikitia.com/wiki/Block8
    23 views | Status: cached on November 06 2024 21:40:05
    ↧ Download this article as ZWI file
    Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF