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About mintBlue

Bio Niels van den Bergh, CEO of mintBlue

Q&As

mintBlue assets & pictures

About mintBlue

Blockchain-as-a-Service (BaaS) platform

mintBlue⁠

was founded in January 2022, their mission since then is to empower individuals and organisations to take absolute control of their data. mintBlue offers an easy way to leverage the power of the original blockchain for ambitious solutions at scale. The platform's blockchain development suite removes the complexity of blockchain technology so that organisations can focus on their own solution and business logic, instead of investing resources into building it from scratch. mintBlue specialises in fully compliant, patent-protected blockchain technologies and works with professional data centres. They aim to create a world where organisations can compete and collaborate without compromises. mintBlue’s international reach provides enterprise services across the world and have clients like the Dutch Tax Office, NOWATCH and VISMA and is accessible globally.

Niels van den Bergh, CEO of mintBlue

Niels, one of The Next Web’s top 500 most talented tech talents under 30 has ten years of experience in both digital marketing and the tech industry. Before founding mintBlue, Niels worked as a Head of Growth at Growth Mechanics with clients as Google, MAN and YUNUS. Niels became familiar with blockchain while doing research to service his innovations clients and concludated that the original blockchain technology, invented in 2008 was capable of handling everything it claimed. This empowered him to deep dive into blockchain technology and create mintBlue, a platform that enables enterprise organisations to easily build value- add solutions with blockchain.

Q&As

Company

When was the start-up founded? Where is it located?

We founded mintBlue in January 2022 and the headquarters are located in Amsterdam, the Netherlands.

Who are the founders?

In addition to Niels van den Bergh (see bio above), the co-founders are: Pieter den Dooven (CIO), Sven De Waerhert (CTO) and Filip Mariën (COO). Pieter, Sven and Filip previously founded Ledgit, a blockchain consultancy company. Having accumulated a wealth of blockchain knowledge over the years, all four co-founders share in-depth expertise and are totally aligned on mintBlue’s mission to empower individuals and organisations to take absolute control of their data.

Who invested in mintBlue already and how much?

In March 2022, we raised €2 million in investments, led by Two Hop Ventures, with support from a Dutch business angel and Ayre Ventures.

When do you plan to have another round of investments?

In 2024, we will be speaking with investors regarding the next round.

Service

What services do you provide?

We provide an array of value-adding solutions for companies in accounting, logistics, finance, consumer, government and healthcare sectors.

Our services are generally most valuable in situations where data is being exchanged between parties and could be subject to fraud. Our clients often have a diverse network of partners in the value chain to deliver a product of service. Aligning these partners on a data level with a shared blockchain network is what drives the efficiency gain.

Our product pillars are the following:

Storage

We offer highly secure and resilient storage solutions both off- and on the blockchain, these solution enable complete data ownership, control and transparency.

Identity Authentication

We offer decentralised and peer-to-peer authentication methods that shows the validity of data at a point in time. The solutions can authenticate the identity of entities, but also for example for information like media, certificates, diploma’s and biometric information.

Payments

Stored and authentic information can be monetised in a fully peer-to-peer manner, capable of micropayments and tokenised currency like the digital euro.

You claim that mintBlue provides “absolute data control” to individuals and organisations. Is that really so?

Yes, it is. When individuals or organisations don’t control their own data, they have to put their trust in others; particularly platforms, and their company policies. Data stored this way can be deleted, stolen, ransomed, or corrupted without the data owner being informed. With mintBlue’s non custodial wallet infrastructure with on- and off-blockchain storage capabilities, you are for the first time in complete control of your information.

We can process and store data on-chain (instead of just references), and do it quickly, inexpensively, and with absolutely minimal CO2 output, which is a paradigm shift from using Ethereum or Private Blockchain solutions.

Why do you use (public) blockchain?

Our underlying magic is the original bitcoin protocol, a public blockchain. This doesn’t mean data is accessible to the public without the “keys” to view it. The advantage is that by storing data on a public chain, you can grant selected access, rights and use of that data to anyone you want. It means you can allow (or not) your data to be used, bought, analysed or interacted with a million different ways while the data itself never actually leaves your possession or control. It is the ultimate mechanism for both cooperation and competition.

By comparison, private chains require customised access and infrastructure to join, which can be incredibly expensive and bureaucratic, where using the public blockchain removes those risks almost entirely.

What is the ecological impact of storing on-chain through mintBlue?

The ecological impact of storing on-chain through mintBlue is minimal. 1000ths less than other blockchains and ultimately in line with modern server use.

Market

You are not the first Blockchain-as-a-service (BaaS) platform on the market across Europe. Why should organisations choose you over one of your competitors? What really makes you different from them?

We are striving to re-educate a market that builds blockchain solutions on so called ‘Account-based’ blockchain architectures, while we challenge that with a ‘UTXO-based’ blockchain architecture. With this key differentiator we can falsify 3 assumptions:

You cannot store real files on chain (only hashes)

It does not scale well (because it is slow and uses a lot of energy)

It is expensive (due to the nature of the protocol, or the management of nodes)

There is also an additional implication to these assumptions which is that it's difficult or a specialist task to build with these technologies.

At mintBlue, none of these assumptions are true. The protocol we've built on is infinitely scalable and highly efficient, and our technology makes it easier than ever for any developer to build products and services with the public ledger.

How many clients do you already have?

Our clients are Visma | Yuki, Dockflow, Sumting, Intersolve, Belastingdienst and NOWATCH. In addition, we partnered with The Netherlands Chamber of Commerce KVK who is providing identity services to these companies, and Intersolve.

mintBlue assets & pictures

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Click here⁠

for mintBlue’s press assets.

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mintBlue Logos⁠

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mintBlue Banners⁠

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mintBlue Founders⁠

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mintBlue Icons⁠

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