IBT.TECH

blockchain

FOUNDING YEAR:
LOCATION:
Last Update: 17/07/2020

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About

CUTTING EDGE AUTHENTICATION SOLUTIONS BASED ON BLOCKCHAIN TECHNOLOGY.

MEDICI Analysis

Fundrs IBT offers 'Blockchain as a Service' software solutions based on blockchain technology to develop applications are digitizing and safeguarding traditional processes and infrastructures.

Focus

PRODUCTS & SERVICES

Time-stamping & Authentication

REVENUE MODEL

PAY PER REGISTRATION IN THE BLOCKCHAIN

PRIMARY PROBLEM SOLVED

LEGAL DOCUMENTS LIKE INSURANCE DOCUMENTS AND OTHER VALUABLE CONTRACTS ARE TRANSFERRED BY HAND AND SOMETIMES EVEN BY PAPER BECAUSE THERE IS NO ONLINE TRUST. THIS MAKES IT VERY EXPENSIVE AND INEFFICIENT.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

company provided insights

Traction

REVENUE

$0 - $99k

REVENUE COMMENT:

PRICE PER AUTHENTICATION PACKAGES. THE HIGHER THE VOLUME THE LOWER THE PRICE PER AUTHENTICATION

People

FOUNDERS

HANS STURKENBOOM

BOARD MEMBERS AND ADVISORS

Ad van Strien

DAVID HAMILTON

BEN ROBINSON

NUMBER OF EMPLOYEES

1-10

COMMENT:

BLOCKCHAIN EXPERIENCE SINCE 2011

Momentum

FUNDED

NO

LISTED

NO

For Investors

FUNDING NEEDED:

€1 M

USES OF FUNDS RAISED:

1. API EXPANSION AND SALES EXPANSION FOR CURRENT AND FUTURE CUSTOMERS

2. GROWTH

EXIT STRATEGY

IPO

MONTHS LEFT WITH CURRENT CASH BURN RATE:

8 months from 2 Jun, 2016

Innovation Programs

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Blockchain and the Gold Trade
Blockchain Technology in Maritime Trade
Global FinTech Exits
FinTech Executive Roundtable With IBM and Canonical
BASICS

Views:

198 VISITORS | 713 VIEWS

About

CUTTING EDGE AUTHENTICATION SOLUTIONS BASED ON BLOCKCHAIN TECHNOLOGY.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Fundrs IBT offers 'Blockchain as a Service' software solutions based on blockchain technology to develop applications are digitizing and safeguarding traditional processes and infrastructures.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

Innovation Programs

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IBT.TECH

About

CUTTING EDGE AUTHENTICATION SOLUTIONS BASED ON BLOCKCHAIN TECHNOLOGY.

Focus

PRODUCTS & SERVICES

CONNECT DATABASES WITH BLOCKCHAIN TECHNOLOGY ONLINE AUTHENTICATION OF CONTRACTS BETWEEN COMPANIES WITHOUT EXTERRNALLY STORING AND EXPOSING THE SENSITIVE DATA.

REVENUE MODEL

PAY PER REGISTRATION IN THE BLOCKCHAIN

TOP PROBLEM SOLVED

LEGAL DOCUMENTS LIKE INSURANCE DOCUMENTS AND OTHER VALUABLE CONTRACTS ARE TRANSFERRED BY HAND AND SOMETIMES EVEN BY PAPER BECAUSE THERE IS NO ONLINE TRUST. THIS MAKES IT VERY EXPENSIVE AND INEFFICIENT.

PRODUCT DEVELOPMENT STAGE

MVP

PRODUCT DEVELOPMENT COMMENT

DEMO.IBT.TECH https://www.youtube.com/watch?v=CGH82BuVje8

KEY DIFFERENTIATORS

NO MORE HAND WORK BE SURE THE DOCUMENT IS ORIGINAL ONLINE VS POST

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Others

People

FOUNDERS

HANS STURKENBOOM

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO, FOUNDER: HANS STURKENBOOM

CTO: TEUN EIL

CMO: NATHANIEL MATHON

TEAM COMMENT:

BLOCKCHAIN EXPERIENCE SINCE 2011

BOARD MEMBERS AND ADVISORS:

Ad van Strien, DAVID HAMILTON, BEN ROBINSON

Momentum

FUNDED

NO

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES