From a corporate finance point of view, we look at investments made in Blockchain (a database, a ledger, of which everyone in the network keeps a copy). In this case, we will look at the IoMod and Nodalblock investments. These investments will mark the beginning of blockchain technology in Spain.
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IoMob is a Catalan company that combines open source technology and blockchain to decentralise mobility, leading the Internet of Mobility revolution in smart and sustainable cities. Its open protocols enable large and small mobility providers and public transport authorities to collaborate to deliver a more seamless mobility experience for residents and visitors. Its open protocols allow large and small mobility providers and public transport authorities to collaborate to deliver a more seamless mobility experience for residents and visitors.
On 11 June, BlockAsset announced a deal to lead the investment in the launch of IoMob's global urban mobility platform, powered by Blockchain.
BlochAsset is a pioneering fund to invest in promising startups that aim to change the world through technology. The aim of this investment has been to have the team of David Lee, co-founder of BlockAsst, on board from the beginning as they share both global values and aspirations.
Nodalblock, S.L., a Spanish company that provides logical security and information certification services through blockchain technology, has announced the acquisition of a part of its capital by the Canadian company Numus Financial Inc.
This investment will fund the commercialisation of its operational solutions. This agreement also involves the addition of Jim Megann, Numus CEO, to the Nodalblock Board of Directors, as well as the opening of its North American headquarters in Halifax, Canada.
After two years of development, Nodalblock was founded in Madrid in 2017 with headquarters in the same Spanish city and recently also in North America. The blockchain technology developed by the company enables the delivery and distribution of content and information in real time and securely across different devices. Nodalblock's main differentiating factor is its API REST (Application Program Interface) which establishes a connection space through which customers can quickly integrate blockchain technology into their processes, being able to work on both public and private blockchain platforms, reducing issues related to response times or latency and improving the user experience.
Nodalblock is constantly developing vertical solutions using the products Digital ID, digital file certification, electronic signature and encrypted communication. These solutions guarantee not only sector specialisation, but also the integrity of processes in a reliable and secure manner.
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