Blue Star Capital plc (LON:BLU), the investing company with a focus on new technologies, announced today an update in respect of SatoshiPay’s proof of concept project with the IOTA Foundation to explore replacing Bitcoin with an alternative cryptocurrency, IOTA, as SatoshiPay’s settlement network.
Since the Company’s announcement of 31 August 2017, SatoshiPay and IOTA Foundation have completed the proof-of-concept website and are working with potential publishing partners to secure content in the coming weeks before making the website available to the public.
Blue Star Capital Plc is an investing company with a focus on new technologies. Blue Star’s investments include a 31% holding in SatoshiPay, a nanopayment software and blockchain company; a holding in Disruptive Tech Limited, an investing company with five investments including a 38% holding in VNU Group LLC (“VNU”) a speciality online direct retailer of premium goods paid for through an instant credit facility and a holding in Nektan PL; and an investment in Sthaler, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale.
