Japan funds MimbleWimble’s Crypto Beam
Crypto

Japan funds MimbleWimble’s Crypto Beam

By Fabio Lugano - 19 Feb 2019

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A Japanese company has announced that it will invest in MimbleWimble’s Crypto Beam through its blockchain technology fund.

This is Japan’s leading recruiting company Recruiting Holding Co Ltd (JRH) which has a number one search engine. The fund was established in Singapore under the name of RSP Blockchain Tech Fund as early as 2018 with the aim of exploring DLT technologies.

japan funds mimblewimbles beam

According to the Japanese company, their interest has fallen on the crypto Beam because, within a wide range of security and token utilities developed during 2017-2018, this token showed solutions that best protect the privacy of users.

In an industry such as job recruiting, where the parties come to share confidential and sensitive data, privacy is essential both to the platform and the participants, in addition to the data value in itself.

therefore, Mimblewimble, a blockchain created in 2016 by a cryptographer under the pseudonym of Tom Elvis Jedusor and on which the crypto Beam is based, is the ideal solution for the Japanese company.

Fabio Lugano
Fabio Lugano

Graduated with honors from Bocconi University, Fabio is a consultant for companies and wounded shareholders of the Banche Venete. He is also the author of "Scenari Economici", and lecturer and analyst of cryptocurrencies since 2016.

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