The deal, who began in talks ever before and closed recently for any undisclosed sum, will see O3 Labs’ eight-person developer downline integrate into Bitcoin. com’s 30-person engineering team, CEO Stefan Rust told CoinDesk.

Bitcoin. com provides acquired Japanese blockchain web developers O3 Labs and will involve the team, the company announced Tuesday.

They will get started on working on applications to support a new bitcoin cash network. Bitcoin. com’s Executive Chairman Roger Ver, whose early tik on bitcoin and next crypto evangelism earned tiger woods the nickname “bitcoin and also, ” is a major supporter of Bitcoin cash.

Rust told CoinDesk that the partnership will play inside of Bitcoin. com’s goal to opening up global finance & wallet functionality.

In a statement, he conjointly said the partnership “will give users the ability to deal, grow, and spend despite doing business with whomever they want, every time they want, without the need for average banks or financial intermediaries. ”

At what point asked for the specific projects O3’s members would now develop, Rust declined, saying main that projects including a cash “privacy mode” and integrating of simple ledger standard protocol tokens that pay stands dividends, were in the delivers.

“I try to think you can see some interesting additions in our wallet within the next two to three months. ”

The O3 team may have previously built NEO along with Ontology blockchain applications, the most important statement said.

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