Philly Blockchain Project TrueBlocks Nabs $120K Grant From Ethereum Foundation

TrueBlocks founder Thomas Jay Rush sees a future where anyone can see, in real time, what’s happening inside an organization’s accounting books.

“I’m fascinated by what it means to be that transparent and hopefully we can help that happen,” says Rush, the organizer of the Philadelphia Ethereum Blockchain Meetup whose early stage startup just scored a $120,000 grant from Switzerland-based Ethereum Foundation.

The grant awarded to TrueBlocks (formerly known as QuickBlocks) is part of a nearly-$3-million round of grants into 20 individuals and organizations working in the blockchain space from the foundation, which was founded in 2014 by Ethereum creator Vitalik Buterin in the Swiss “Crypto Valley” of Zug, Switzerland.

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