Australian fintech start - up has raised the price of AUD53 m ( $ 41 m ) in a July initial coin offering ( ICO ) , and now has a market value of about $ 330 m . The company is working alongside Melbourne ’s Monash University to develop technology facilitating the transfer of data between different devices , looking to a future when quantum computing takes on blockchain .
Australian fintech start-up HCash raised the equivalent of AUD53m ($41m) in a July initial coin offering (ICO), and now has a market capitalisation of about $330m. The company is working alongside Melbourne’s Monash University to develop technology facilitating the transfer of data between different blockchains, looking to a future when quantum computing takes on blockchain.