Emin Gun Sirer, one of the higher-profile academic experts on blockchain technologies, is launching his own cryptocurrency coin and network with funding from some of the biggest venture capitalists in the field.
Sirer, the co-director of the Initiative for Cryptocurrencies and Smart Contracts at Cornell University, said the Ava network will offer high throughput, fast confirmation times of transactions, and support applications ranging from supply-chain tracking to keeping tabs on securities and gold.
