Dr. Adam Back

Blockstream - Blockchain Technology Firm of the Year

Profile

ABOUT DR. ADAM BACK
Co-founder and CEO of Blockstream, Dr. Adam Back, invented Hashcash, the proof-of-work algorithm cited by Satoshi Nakamoto in the Bitcoin whitepaper, as the future basis for its mining function. Throughout his two-decade-long vocation as an applied cryptographer and security architect, he has held senior roles with a number of technology companies, including Microsoft, EMC, PI, VMware, and Zero-Knowledge Systems, as well as advised many more companies on cryptography and peer-to-peer finance. Dr. Adam Back holds a computer science Ph.D. in distributed systems from the University of Exeter.

ABOUT BLOCKSTREAM

Blockstream is the global leader in Bitcoin and blockchain technology. Our products and services form the foundations for the financial infrastructure of the future.

Founded in 2014, Blockstream has been the leading provider of blockchain technologies and has remained on the forefront of work in cryptography and distributed systems.

Our suite of technologies enhances the Bitcoin ecosystem, making it easier for individuals and businesses to secure and transact their digital assets.
Blockstream’s mission is to create the financial infrastructure of the future. We build crypto-financial infrastructure based on Bitcoin, the most robust and secure blockchain. Applying cutting-edge cryptography and security engineering, we’re building the technology that makes financial markets more efficient by reducing reliance on trust. With a long-term outlook on delivering robust and scalable solutions, we invest heavily in research and development to strengthen the Bitcoin ecosystem and protocol.

Peer-to-peer, open-network finance holds the promise to change the world for the benefit of all. Blockstream is proud to be making this a reality.

Our Services
An Open Financial System, on Bitcoin
The Liquid Network is a Bitcoin layer-2 enabling the issuance of security tokens and other digital assets. Execute trustless swaps using non-custodial orderbooks and protect your financial privacy through confidential transactions.

In a hyperbitcoinized future, having financial products and services on Bitcoin layer-2 is the only way to achieve the same trust minimization in centralized financial actors that bitcoin has achieved for central banks.

Our CEO and co-founder, Dr. Adam Back, invented the algorithm that Bitcoin mining is based on, proof of work (cited in the Bitcoin whitepaper). Blockstream Mining provides enterprise-class Bitcoin mining services to institutions and investors around the world.

Our mining services reduces risk and lower the barriers to entry, making it easier for you or your business to participate in Bitcoin’s proof of work, improving the network’s decentralization.
A new frontier for Bitcoin
mining investments
The Blockstream Mining Note (BMN) provides qualified investors with access to Bitcoin hashrate at our enterprise-grade facilities.

Normally, Bitcoin mining involves high-risk investments in specialized hardware and facilities. The BMN lowers the barriers to entry for qualified investors, providing exposure to Bitcoin mining through a simple token purchase.
By securitizing hashrate on the Liquid Network, investors can adjust their exposure to Bitcoin mining based on market conditions by trading the BMN tokens on the secondary market.

Your mining investment is in safe hands. Blockstream’s highly-optimized and secure facilities are already trusted by some of the Bitcoin industry’s leading institutions for their mining colocation needs.