ConsenSys Picks Latest Blockchain Startups for Accelerator Program

ConsenSys Ventures, the investment arm of ethereum development studio ConsenSys, has selected 10 blockchain startups for the second cohort of its accelerator program Tachyon.

Announcing the news on Monday, ConsenSys Ventures said that the selected startups for the Tachyon 2.0 program are focused on building new blockchain-based solutions across data privacy, encryption, healthcare and decentralized finance, among other areas.

All 10 startups will benefit from the accelerator program, which includes meetings and lectures from "Prominent" entrepreneurs, ethereum developers and venture capitalists, as well as access to ConsenSys' network, according to the firm.

ConsenSys added that the German Bundestag, Germany's parliament, is holding a session today featuring talks on the different areas covered by ConsenSys, including early-stage startup incubation, legal, and marketing.

"The best support a government can give to innovative entrepreneurs and startups is to avoid unnecessary and unneeded regulations. It is not up to the politicians to decide if a product or an entrepreneurial idea should be successful or not. The decision has to be made by the demand of the people on free economic markets. Politicians are only to guarantee a level playing field on free and fair markets."

ConsenSys Ventures launched Tachyon as the first ethereum-focused accelerator program in June of last year.

The firm said at the time that the first cohort of up to 15 projects would receive between $75,000 and $100,000 in investment, plus the benefits of its eight-week program.

ConsenSys Ventures' managing partner Kavita Gupta said: "With the backing of the ConsenSys and Ethereum ecosystems, we aim to provide all the necessary tool-kits for our entrepreneurs to succeed both in the short term and in the long run."

Energy market-focused blockchain startup Blok-Z. Protocol for self-sovereign identity Glimpse.

Cryptocurrency security storage solutions provider Cypherock.