DLab and Emurgo Kick-off blockchain Accelerator program

DLab a New York based accelerator, SOSV, a VC accelerator and Emurgo, Cardano Blockchain provider have announced the four startups that will be part of a 14 week program designed to accelerate the development of these companies. In addition to the four companies which are participating in the first dLab/EMURGO cohort, DLab is also funding several Cardano fellowship projects.

Both SOSV and EMURGO will be spending the next 14 weeks working hand in hand with these founders to accelerate their companies’ technology, business models, and positioning. In addition to investment, we’ll be providing them with staff support, network access, and opportunities to work closely with our large, diverse mentorship pool.

The Four startups include Catallact which is a blockchain analytics engine for the finance industry, focusing on market intelligence and regulatory compliance. Built upon extensive academic research by founders that have significant trading experience, Catallact applies machine learning and data science techniques to provide automated and scalable insights into the dynamics of crypto-assets.

Scond is Helixworks’ proprietary MoSS technology integrates DNA-based ID tags to physical goods. When combined with digital ledger technologies, DNA-IDs provide an effective mechanism to track food, medicine and other supply chain goods that is secure, robust (surviving washing, extensive damage, etc), and extremely difficult to falsify.

Third is Sempo which helps aid organizations distribute relief funds directly to people in crises so that they can immediately buy what they need. They solve beneficiary enrollment, cash disbursement and program monitoring in one seamless platform.

Fourth is Tesseract which is standardizing and streamlining the way applications interact with blockchains to make it as convenient as interacting with the Internet. Their multi-network OpenWallet protocol, mobile-first wallet reference implementation, and supporting SDKs for mobile application development are their first step towards building the railway for decentralized internet.