"Blockchain Capital also announced today the funds first investment will be into Parity Technologies Ltd (formerly known as Ethcore). Parity is the company that created the Parity Ethereum software. Dr. Gavin Wood, the creator of the Ethereum specification, has recently also proposed a revolutionary heterogenous multichain framework called Polkadot. Polkadot is a third generation public, permissionless blockchain technology designed to be at once scalable and extensible, solving two of the greatest problems preventing widespread adoption of blockchain technology today."