Israel is steadfastly moving towards the adoption of blockchain technology in its day-to-day business. The launch of Bitcoin ATM in Tel-Aviv earlier this month gained a lot of attention worldwide. Now, Singulariteam Technology Group, CoinTree Capital and BlockchainIL have launched a Blockchain hub in Israel called ‘Alignment’.
Alignment will help with the consultation, development, and funding of early stage blockchain projects and existing companies from inception through ICO and beyond. It wants to have a greater part in the development of reliable and profitable products and services using blockchain technology. Alignment’s services include token sale consulting, full turnkey ICO solutions and venture capital for funding of new and existing blockchain projects.
On the launch of Alignment, Moshe Hogeg, founder and Chairman of the Singulariteam Group, said: “We believe blockchain will revolutionize every industry in the world. Our goal at Alignment is to assist, develop and fund unique and high-quality projects that will benefit the world with unprecedented new products, services and business models.”
The clientele of the company includes Bancor ($153 million ICO), STOX ($33M ICO), and KIK, whose ICO is planned for September 2017.