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Bitcoin.com acquires development team behind NEO and Ontology blockchain 

Blockchain developer

Earlier this week, on Monday, Bitcoin.com, a popular cryptocurrency news publication founded by Roger Ver had made an acquisition of 03 labs, a Japanese team of Blockchain developers.

According to Stefan Rust, the CEO fo Bitcoin.com, the 8 person team at 03 labs would join the 30-person engineering team at bitcoin.com. Nither of the two companies have disclosed the size of the deal.

Roger Ver has been a major promoter of Bitcoin Cash and with the help of the new team, he would enable Bitcoin Cash network into Bitcoin.com.

According to the CEO, Bitcoin.com is looking to start a cryptocurrency global wallet with finance functions.

The users of the wallet would be able to transact money without the need for traditional banks and the new blockchain team would play a major role in the development, according to Rust. 

The Japanese blockchain developers have previously built blockchain applications like NEO and Ontology.

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Donna Fuscaldo

Donna is an expert in business, finance, stock market, startups, and entrepreneurship. She has 12 years of experience in the publishing industry and graduated with a Major in Journalism from Boston University. She is also the author of "Make My Startup Succeed" and "Finance Guru". She has worked as a freelance business report for 6 publications in the past. She loves cooking for her 3 kids during the weekends.

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