What Is Colu
Colu is developing technology to enable programmers to access colored coins and Bitcoin 2.0 infrastructure through an application program interface that will enable new distributed applications.
Basically Colu is creating a meta-data layer on top of the basic bitcoin transaction, which just records volumes or amounts of bitcoin exchanged. Using Colu, application developers can add blockchain-based approvals to any transaction enabling them to exchange more than just a virtual currency, but real world objects like keys, tickets, titles and deeds, or anything else.
Meet the founding team
Amos Meiri, CEO
Mark Smargon, VP of Product
David Ring, VP of R&D
Related company news
Wall Street Journal: Bitcoin 2.0 Startup Colu Attracts $2.5 Million Seed Round
Culo website: http://www.colu.co/