21 Inc. - a mysterious company with record investment capital and plans for mass adoption of BTC

  Kept under the utmost secrecy for the past year and a half, it is slowly coming out of hiding to announce the record value of the capital invested in it. [...] https://www.pinterest.com/pin/1085437947660215829/

  Kept under the utmost secrecy for the past year and a half, it is slowly coming out of hiding to announce a record value of capital invested in it. It comes from the famous Silicon Valley, it's called 21 Inc. and as its representatives say, it is the company that will lead bitcoin towards mass global adoption.   While we don't yet know what exactly the mysterious company will be doing, we do know that at the moment it has managed to raise about $116 million in investment capital. This means that 21 Inc. dethrones Coinbase, a San Francisco-based company offering bitcoin wallet and payment processing services. Its total investment capital so far is $106 million.   The unspecified scope of 21 Inc.'s operations provides the perfect breeding ground for all sorts of speculation. What will be the mysterious product or service that is claimed to have such a significant impact on the bitcoin ecosystem?   According to some assumptions, the company's scope of operations may include the implementation of decentralized law firm-independent contract and agreement technology, sometimes referred to as "smart contracts" (from smart contracts).   Others suggest using the new technology to develop a fully reliable, tamper-proof election system - a solution that would certainly come in handy in our country as well.   Other speculations talk about works on the latest generation of super-efficient equipment for 'mining' BTC - this hypothesis could be confirmed by the presence of Qualcomm among the leading investors of 21 Inc. Hailing from San Diego, California, Qualcomm is a software company specializing in wireless communications, including satellite communications. The company is also the maker of the Snapdragon series of processors.   As the CEO and co-founder of 21 Inc., Matthew Pauker, confirms, Qualcomm is now a "key investor" in the entire project.   Among the other investors who have decided to allocate their capital to the development of 21 Inc. we can find investment firms such as: Andreessen Horowitz, RRE Ventures, Chinese Yuan Capital or Khosla Ventures.   Individual investors also appear on the same list, including: Peter Thiel and Max Levchin, co-founders of PayPal; Jeff Skoll, co-founder of eBay; Drew Houston, CEO of Dropbox Inc.; Dara Khosrowshahi, CEO of Expedia Inc.; or Mark Pincus, co-founder of Zynga Inc.   Another hypothesis is that 21 Inc. is working on a technology to bring the concept of the Internet of Everything to life - a world in which all devices, buildings, vehicles, etc., would be connected in a single, decentralized network, providing them with a fast and uninterrupted flow of information.   The solution assuming mutual interaction of hitherto unconnected objects would enable us to manage all kinds of resources incomparably more efficiently, improving work organization, product and information flow.   Smart contracts, an election system, integrated circuits for mining BTC, the Internet of Everything, or maybe something completely different. At the moment we can only guess what will surprise us the company, which takes its name from the number 21 million, representing the target amount of all bitcoins that in the future will power the BTC ecosystem.   As Matthew Pauker enigmatically explains to us - "in the coming weeks and months we're going to see some interesting developments" having to do with both software and hardware designed to "drive mass adoption of bitcoin."   It falls to us to be patient and meticulously follow developments on this topic. We will try to keep you updated on developments in the 21 Inc. project.     Any copying, distribution, electronic processing and transmission of content from bitcoin.pl pages requires the prior consent of the portal.   Tags 21 Inc. acceptance bitcoin Blockchain Silicon Valley cryptocurrencies blockchain Qualcomm technology