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'''Nuco''' Inc. is the developer of the Nuco enterprise [[blockchain]] platform and a founding member and director of the [[Enterprise Ethereum Alliance]]. It is headquartered in [[Toronto]] and has an office in [[Sunnyvale, California]]. It is backed by [[Bessemer Venture Partners]].

== History ==
Nuco was started by three [[Deloitte]] blockchains leads in 2016 to deliver blockchain technology into mainstream enterprise environments. It focuses on solving pain points primarily through disintermediation and reducing friction in complex business processes.

It is funded by [[Bessemer Venture Partners]], [[XDL Capital Group]] and Plug and Play.

It's advisory board includes

*[[Vitalik Buterin]], the founder and inventor of [[Ethereum]], 
*[[Dennis Bennie]], the director of XDL Capital
*Michael Tang, [[Deloitte]] Head of Global Digital Transformation for Financial Services
*[[Alex Tapscott]], Co-Author of [[Blockchain Revolution]]
*Tony van Marken, Partner at The [[OpenText]] Enterprise Apps Fund

== Product ==
The Nuco platform is a modular kernel designed from the ground up to minimize development overhead in an enterprise environment. It offers [[consensus]], [[VM]] and [[API]] modules that solves a wide array of enterprise problems. It allows developers to write [[Turing-complete]] code compatible with the Ethereum VM. It also provides unique implementations of the [[Byzantine Fault Tolerance]] and [[Proof of Work]] algorithm that are optimized for enterprise environments. Additionally, Nuco provides a set of tools to significantly simplify the development and administration of blockchains in enterprise usage.

== Notable Projects and involvements ==

In May 2017, Nuco announced an collaboration with the [[TMX]] group on natural gas settlements for its NGX business line.

It is a founding member of the Blockchain Research Institute in collaboration with [[IBM]] and the [[Government of Ontario]] 

In February 2017, Nuco become a founding member of the Enterprise Ethereum Alliance

Nuco advises the [[Ontario Securities Commission]] in its policies regarding cryptocurrency and [[Initial Coin Offerings]] (ICO).

==Source==

[http://wikipedia.org/ http://wikipedia.org/]
[[Category:Blockchain]]
[[Category:Blockchain development company]]
==See Also on BitcoinWiki==
* [[Transaction expiration]]
* [[AurumXChange Company]]
* [[Sonata.ai]]
* [[Virtual currency law in the United States]]
* [[VCX]]