International news within the industry of mining and metal, Sep, 22 2017
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New company to fund blockchain applications in the mining sector

Image caption: Deavmi/Wikimedia Commons
Image caption: Deavmi/Wikimedia Commons
Published by
Simon Matthis - 25 Aug 2017

Venture capital company Consilium Group has launched a new company Terrastream in Gibraltar, with the objective to fund the mining sector through blockchain applications.

Terrastream will provide alternative funding solutions across multiple  industry sectors, including precious metals and natural resources extractive industries.

Coinsilium, which funds the development of early stage blockchain technology companies, previously declared plans to undertake its own initiatives in blockchain and smart contract technologies.