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Cryptopolitan 2019-10-09 18:46:37

Spherity: HTGF invests in digital identity management firm

HTGF invests in Spherity Berlin-based blockchain startup Spherity has announced that it was received seed funding from High-Tech Gründerfonds (HTGF). HTGF is Germany’s most active seed-stage investor that has assisted over five hundred hi-tech companies in launching since 2005. Spherity plans on utilizing the funds to hasten the development of its core platform. The platform would provide access to blockchain-based identity service offering to users. The company would also use those funds for improving its strategic relations with its userbase. Lastly, funds will be contributing to the refinement processes of their “Decentralized Identifier.” What is Spherity? Interactions between entities in

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