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KR1 Plc adds to portfolio with four new investments in blockchain space

Published: 13:12 05 Jul 2018 BST

George McDonaugh, chief executive of KR1 Plc (AQSE:KR1), caught up with Proactive's Andrew Scott to add some detail around their latest investments.

The NEX-listed blockchain investment group's invested £593,000 for 191,681.85 Dfinity Network Tokens, part of the Dfinity Project.

Dfinity is a project designed to be a blockchain supercomputer as part of enabling public decentralised networks to host a virtual computer of potentially unlimited capacity.

They've also invested US$100,000 in the Flying Carpet Project, managed by Air Network Ltd.

Air Network's an Ethereum based communication protocol for IoT devices such as drones and automated cars.

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