According to recent reports, Coinfirm, a blockchain startup that focuses on data management has launched its first blockchain lab, over in Central Europe.

The Blockchain Lab aims to become the go-to hub for crypto-development, collaboration and research in the region. Additionally, the hub provides great opportunities for government, financial and educational institutions to take a closer look at the current state of blockchain development, and understand what the ecosystem aims to offer the world.

The Lab also strives to become an environment where prominent digital currency members, investors, partners and startups can discuss future projects, sign partnerships and work together towards achieving common goals. Currently, the lab has already partnered up with a few financial institutions such as Bitcurex, a large Europe-based bitcoin exchange.

To put things better into perspective, Coinfirm is currently focused on verification, blockchain identification and globally automated compliance. However, the lab serves a much greater purpose, thus getting Europe a step closer to becoming the world’s blockchain and fintech hub.

Paweł Kuskowski, the Co-Founder of Coinfirm recently stated that: “It will be a great environment to work on solutions around Bitcoin, Ethereum, smart contracts and compliance but will address countless types of applications. Much like the Internet was in the 90’s, Blockchain is going to very quickly affect countless industries and become a significant part of the systems that run our daily lives. Development and access at this stage should not only be available to financial institutions or well-funded companies but also governments, developers, universities and other startups,” 

He continued by stating that “Blockchain is probably the most important technology since the advent of the Internet and it’s crucial for everyone’s long-term goals to be able to have access to this opportunity (…) Access to resources is one of the biggest factors in growth and success and the future is built on a more collective approach towards that access, whether it be the biggest bank or a single developer on the other side of the world.”

At this moment in time, the Coinfirm Block Lab hosts numerous, independent and synergistic blockchain projects that are currently in development, and will likely be released to the public soon.

Based on everything that has been outlined so far, what do you think about Coinfirm’s decision to open the first Blockchain Lab in Central Europe? Let us know your thoughts in the comment section below.

Source: PRWeb

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