Belgian blockchain startup hey aims to improve the Internet with seed funding

By Sophie Chapman
Share
Hey is a blockchain startup company that intends to improve accessibility to the internet and provide peer-to-peer support. The firm, which is based in...

Hey is a blockchain startup company that intends to improve accessibility to the internet and provide peer-to-peer support.

The firm, which is based in La Hulpe, Belgium, seeks accessible, transparent, and community-based network.

In order to achieve its goal, the startup has developed a browser extension for web pages to offer support to users.

“I would be coding a Node module and hit a roadblock,” commented Nabil Kamel, Co-Founder and Chief Technology Officer of Hey.

“In searching for the solution, I’d end up thinking, ‘I know there are other coders out there who have the answer, or a faster way, or a more efficient solution.’”

SEE ALSO:

“And yet I couldn’t seem to access that information or connect to those people. Marc [Hey’s Co-Founder and CEO] was quick to understand the issue, and to get a sense of scalability—he’s a business mind, and he sees a much bigger picture.”

“For him, this turned into an opportunity to connect all types of people—those who could benefit from an Internet that values helping one another.”

The firm’s strategy is built upon three pillars – supporting community interaction, establishing a standard of transparency on the web, and ensuring that commentary can take place in its relevant context.

Hey recently closed its first round of funding, raising €700,000 (US$806,270) from the BeAngels network. The financing will be used to recruit talent and prepare for an Initial Coin Offering (ICO).

Share

Featured Articles

EY Forms AI Council to Guide Global Tech Strategy

EY brings together 11 external experts from industry and academia to guide implementation of artificial intelligence across its global operations

How Toyota & NTT use AI to Create a Zero-Accident Society

Toyota & NTT invest in AI-driven mobility platform to revolutionise road safety, aiming for zero traffic accidents through advanced technology

Nvidia: Shaping the Rise of AI Humanoid Robots

Nvidia, Tesla & tech giants invest billions in AI-powered humanoid robots, aiming to revolutionise manufacturing, healthcare and logistics

Microsoft Reshuffles EMEA Leadership Amid AI Expansion Drive

AI & Machine Learning

SAVE THE DATE – Tech & AI LIVE: Gen AI 2025

AI & Machine Learning

SAVE THE DATE – Tech & AI LIVE London Global Summit 2025

Digital Transformation