Richard Branson’s Tech Contest Extends Opportunity for Startups

Extreme Tech Challenge (XTC) has announced that an unprecedented number of applicants has inspired XTC 2018 to extend the submission deadline to August 31, 2017, inviting even more companies to join the race to Sir Richard Branson’s Necker Island.

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Previous installments of XTC have featured high-caliber judges including Sir Richard Branson, Bill Tai, Tom Siebel, Jim Breyer, Steph Hannon and Theresia Gouw. As such it has proven itself a good venue for Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term startups to get VC backing.

It was recently revealed that Bill Tai joined the board of advisors of Australian blockchain-powered peer-to-peer renewable marketplace Power Ledger, and became an ambassador for the company after seeing it at Necker Island. The Silicon Valley-based venture capitalist is a board director at Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term blockchain transactions processing giant BitFury.

Branson himself is also no stranger to the blockchain and bitcoin space. His Virgin Group is one of the big investors in the London-based Bitcoin wallet service provider and technology developer Blockchain.

Previous installments of XTC have also showcased innovations from the genomics, robotics, health and wellness, transportation, virtual reality and cannabis sectors, ultimately opening a global platform for these new industries to enter the public realm.

Following the close of applications, XTC 2018 will take place across four key events, beginning in San Francisco and ending with the finals on Necker Island early next year. Invaluable opportunities await contestants at every level of competition, with each round bringing contestants critical exposure to a singular audience and community of tech and business stakeholders.