[2016-05-11]Blockchain startup Fluent raises $1.65 million in capital

Blockchain startup Fluent raises $1.65 million in capital

Fluent, a payment-systems startup with offices in Lexington, Ky., and St. Louis, has raised $1.65 million from several venture capital firms. The funding will allow the company to expand its engineering and sales teams. Fluent also announced that Commerce Bancshares is participating in a test of its payments system. Fluent's system uses a blockchain, the technology that underlies the virtual currency bitcoin, for business-to-business payments. A blockchain is essentially a public ledger in which all participants share the task of validating transactions...

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