KR1's new blockchain investments include Dfinity, Connext, and Blocksmith
Summary
KR1, a public fund which pursues investments in the blockchain sector today announced their latest moves. The project was formed to research ways of enabling public decentralized networks to host a virtual computer of potentially unlimited capacity, whilst providing a secure, performant and flexible consensus mechanism. Air Network is an Ethereum based communication protocol for IoT devices such as drones and automated cars. Before deployment, devices go through a programming and functionality testing phase which takes place on a virtual reality platform. The project will bring together hardware owners who will connect their IoT devices to the Air Network, developers who will build software allowing these devices to perform tasks and lastly businesses who will use the Air Network application to access different services that require autonomous drones.