As a researcher with a background in neuroscience and technology, I am thrilled to see Tether’s significant investment of $200 million into Blackrock Neurotech. This partnership is an exciting step towards merging human capabilities and technology in unprecedented ways.
Tether, the company behind the stablecoin, has invested a significant sum of $200 million in Blackrock Neurotech, a leading BCI technology platform. With this investment, Tether now holds the majority ownership of the company.
In a recent press release to CryptoPotato, Tether announced that its new division, Tether Evo, spearheaded an investment in Blackrock Neurotech. Tether Evo is focused on shaping the future by bringing human abilities and technology together in innovative ways that have yet to be seen.
Tether Invests $200M in Blackrock Neurotech
Tether’s investment in Blackrock Neurotech will finance the introduction and market sale of the company’s proven medical innovations, which have undergone successful trials on over forty people.
Further, the investment will enhance Blackrock Neurotech’s ongoing research and development initiatives, keeping it at the forefront of Brain-Computer Interface (BCI) technology innovation. The company aims to explore human advancement and enhancement in the future by building a connection between the brain and artificial intelligence processing systems.
Paolo Ardoino, CEO of Tether, expressed: “Blackrock Neurotech marks only the start of our exciting exploration with Tether Evo towards pioneering initiatives that push the limits of technological advancements and human capabilities at their intersection.”
As a crypto investor, I’ve always been intrigued by Tether’s commitment to fostering innovative technologies that hold immense transformative power. Among these emerging solutions, Blackrock Neurotech’s Brain-Computer Interfaces (BCIs) truly stand out. These advanced devices have the potential to revolutionize communication, rehabilitation, and cognitive enhancement, opening up new realms of possibility for both individuals and society as a whole.
Restoring Function to Handicapped Humans
Founded in 2008, Blackrock Neurotech is a pioneering company led by scientists and brain-computer interface (BCI) innovators Florian Solzbacher and Marcus Gerhardt from the University of Utah. With expertise in neuroscience, neural engineering, and neural prosthetics, this firm is dedicated to assisting individuals with paralysis or neurological disorders that have impaired their ability to see, hear, feel sensations, walk, or communicate effectively.
As a researcher in the field of brain-computer interfaces (BCIs), I’m constantly fascinated by how these technologies have the power to transform the lives of individuals with disabilities. With our devices, users can perform essential tasks such as browsing the web, sending texts, and even controlling wheelchairs using just their thoughts. This level of control is truly groundbreaking and opens up new possibilities for greater independence and autonomy.
Florian Solzbacher expressed his lifelong goal of restoring functionality for disabled individuals. He emphasized that achieving this ambitious, long-term objective would necessitate the collaboration of committed and forward-thinking partners. We’re thrilled to have found such partners in Tether, whose dedication to advancing technology for the betterment of many people aligns perfectly with our vision. Together, we look forward to bringing our shared dream to fruition.
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2024-04-29 20:28