Binance Labs, a16zcrypto and others partner with Oasis Labs to launch startup hub

Oasis Labs, a blockchain-based cloud computing platform, has announced a partnership with leading investors to launch a first-of-its kind program to accelerate privacy-first computing on blockchain.

a16zcrypto, Accel, Binance Labs, Pantera Capital, and Polychain Capital are collaborating with Oasis Labs to launch the “Oasis Startup Hub”.

The hub is designed to create a thriving ecosystem of developers, investors, technologists and business leaders building on Oasis' platform. Developers would be able to get guidance from leading investors, as well as hands-on technical support and early access to breakthrough technology to enable new applications which feature the security, privacy and scalability benefits of Oasis Labs's decentralized protocol.

"We've seen strong interest in our private testnet from companies and developers who want to build scalable applications that protect user data and put privacy first--and are constrained by existing platforms," said Dr. Dawn Song, CEO of Oasis Labs. "We designed the Oasis Startup Hub to bring experts together for invaluable interactions around how to design, build and deliver exciting new applications."

In its official release, Oasis Labs said that several companies have already joined the hub, developing applications that require strong privacy protections that range from decentralized credit scoring to distributed data marketplaces for artificial intelligence.

"Oasis has impressed us with technical acumen and business leadership, and working closely with their team on this project reflects the depth of our commitment," said Paul Veradittakit, partner at Pantera Capital. "The Oasis Startup Hub offers a unique opportunity to share expertise and relationships to solve key issues around blockchain scalability and privacy, and move toward widespread adoption."