Imagine a technology that makes it possible to transact securely without having to place trust in a third party. Now imagine your bank, your mortgage, and all your financial assets are built with that technology. This is certainly not our present, but it could be our future.
Blockstream's primary area of innovation is in sidechains, a technology invented to extend the capabilities of Bitcoin's blockchain. Sidechains create the opportunity for new models of trust, extending and improving upon the properties of Bitcoin.
Making the world around you a more seamless experience means making sure that all of today's systems are well-integrated. To make systems work well together, we'll need interoperable protocols.
Sidechains allow digital assets to be moved from one blockchain to another. In concert with other systems, sidechains can be used to link disparate markets together to provide liquidity through a shared protocol.
Now imagine if all the world's financial institutions were not only transparent, but running on a system that enforced some pre-defined rules at the outset. The moment someone tried to cheat, the whole world would see.
The promise of cryptofinance is one of trustworthy financial systems. Building these kinds of systems requires new models of trust, and sidechains are the platform for building them.
Blockstream is the leading provider of blockchain technologies, on the forefront of work in cryptography and distributed systems. From fraud to counterfeiting, from security to confidentiality, from accountability to transparency, our mission is to solve problems that undermine trust in today's financial systems.
Blockstream provides a range of software and hardware solutions and expert professional services to companies deploying new blockchain-based networks. Elements, our core software platform, was released as part of the open source Elements Project; it's currently one of the most mature protocols for blockchain developers. Together with PwC and a growing network of partners, we combine our technical depth with world-class domain expertise to deliver solutions that cross industries and use cases.
In the grand tradition of TCP/IP and HTTP that gave rise to the Open Internet, we aim to foster an ecosystem where new financial innovation can thrive. We seek to ensure developers, asset issuers, and users all have provably fair and cryptographically-assured computing technology for their needs.
We want to power interoperable markets that are fair and accountable. Openness, accountability, and public ledgers should be the norm and should not require users to sacrifice privacy. We seek to empower users with trustable and secure financial mechanisms via public auditability of their transaction history without disclosing more than is necessary for the integrity of the blockchain.
We are a private company with a very public mission: the transformation of technologies of trust for the benefit of all.
Blockstream is proud to be working with leading investors from Asia, Europe and North America, including alphabetically AME Cloud Ventures, AXA Strategic Ventures, Blockchain Capital, Digital Currency Group, Digital Garage, Future\Perfect Ventures, Horizons Ventures, Innovation Endeavors, Khosla Ventures, Mosaic Ventures, Real Ventures, Reid Hoffman, and Seven Seas Venture Partners.