●Supporting MIT Research Center
●Alliance also Joined by other partners including Bancor, IBM, UBS and MasterCard
Orbs, Israel-based decentralized platform project, has become a partner for Endor’s Blockchain and Crypto Systems Alliance to provide a financial support to MIT research center, according to its website information.
The Blockchain and Crypto Systems Alliance would help push the capabilities of blockchain technology via providing the research support.
While Orbs is known as developing a public blockchain Infrastructure as a Service (IaaS) for consumer applications, Endor develops a blockchain-based platform for a predictive analysis.
Endor’s CEO Yaniv Altshuler, who was on stage at Consensus 2018 in New York, was cited as saying that the new alliance, along with founding partners such as Orbs, would help MIT to launch the research center focused on blockchain and cryptocurrency, via donating $15m.
IBM, NEC, Intuit, UBS, Mastercard, and Bancor are also among the partners in the alliance.
Bancor(BNT) is a decentralized liquidity network for users to trade(hold/convert) any other tokens within its platform. BNT is listed on Exchanges such as Binance and HitBTC.