Blockchain Database Startup BigchainDB Raises €3 Million
A startup seeking to scale blockchain for enterprise use has raised €3m ($3.37m) in venture capital to do for databases what bitcoin's blockchain did for ledgers. Led by Earlybird Ventures and featuring participation from Anthemis Group, RWE Ventures, innogy SE and Digital Currency Group, BigchainDB's Series A round is intended to help expand the company's staff and bolster its security. Whereas traditional databases are centrally controlled, BigchainDB is working to build a database that has "blockchain characteristics" and that is owned by its users. BigchainDB's co-founder and....
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Ascribe has announced the release of BigchainDB, a scalable blockchain database that can process 1 mln writes per second. Their first licensed user is Everledger, a diamond industry ledger. Why a scalable blockchain? In their press release, BigchainDB is described as a ledger which can “achieve one million writes per second with sub-second latency and petabytes of capacity in a federated blockchain database”. The platform will also allow “developers and enterprises to deploy blockchain applications and platforms at scale, formerly a limiting factor in getting sandbox proof-of-concepts into....
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster Gaming Studio On Monday, the blockchain company Immutable revealed it raised $200 million from investors in a Series C funding round. The financing was led by Temasek alongside other participants including Tencent, Animoca Brands,....
The more we talk about the Ethereum Network the more it sounds like Terminator’s Skynet. Fingers crossed BigChainDB does not become Cyberdyne Systems. Data, Data… Get Your Unimpeachable Data Here! This one’s hot off the blockchain folks. The one, the only, Bruce Pon from the aspiring BigChainDB- database on a blockchain, joins us for a one on one talk with our upmost esteemed host Corey. Bruce and Corey talk about the basics of smart contracts and the veracity of their data. They cover smart contracts top to bottom, and blockchains left to right. This is this year's most intellectually....
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million.
Defi Dashboard Debank Raises $25 Million
2021 was a good year for venture capital (VC) entering the crypto and blockchain space. Estimates show that VCs invested roughly $30 billion into the crypto industry. The $30 billion invested in crypto and blockchain is four times larger than the investments made in 2020.
Debank has....
Blockchain startup OXIO raised a $12 million Series A to make “Telecom-as-a-Service” as common as SaaS.