
Blockstack, a New York company that develops platforms for secure, server-less apps using blockchain technology, raised $5.3 million in a round of venture capital funding. According to a report, the funding was provided by Union Square Ventures.
Citing an interview the company gave to The Observer in October, the report said Blockstack, which formerly went by the name Onename, is designing a browser that is powered by blockchain technology. The idea is for users to store all their data, photos, messages, posts and appointments in their own cloud websites. By creating that, a trail of people’s data when they surf online will no longer be accessible by the likes of Facebook…