Startup Funding Alert: Blockdaemon Raises $5.5M for its Leading Blockchain Infrastructure Platform - AlleyWatch

#fundingalert #startupfunding #blockchain #blockchaintech #technology #API #SaaS

Blockdaemon raises $5.5M for its leading blockchain infrastructure platform. This funding round was supported by a number of new investors including Hashkey, CoinShares, Blockchain.com Ventures, Kenetic, SPiCE VC, and Fenbushi Capital. Early investors Comcast Ventures, Lerer Hippeau, CoinFund, boldstart ventures, and Heavybit also continued their participation in our latest funding round.

Blockdaemon is a leading blockchain infrastructure provider. Its node management platform helps auto-scale blockchain networks securely with enhanced monitoring, back-up systems, HA clusters, APIs and cloud-managed node monitoring of on-premises solutions with their Blockchain Package Manager (BPM). Builders looking to interact with public, permission-based, and staking networks can connect to 30+ protocols through the Blockdaemon Marketplace.

Blockdaemon has a software-as-a-service (SaaS) model, clients can deploy nodes and connect to networks via our marketplace. It supports clients that want to rapidly scale up their networks, by providing custom node configuration across private/public chains and cloud services that work best for business.

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Blockdaemon Raises $5.5M for its Leading Blockchain Infrastructure Platform - AlleyWatch

Leading blockchain infrastructure provider, Blockdaemon , works with some of the largest enterprises in the worldShell Oil to simplify the process of deploying nodes for these organizations as they dip their toes into the powerful potential of the blockchain.

Startup Ideas - Blockchain based distributed super-computing technologies

As the quantum of information and also required computing power for #AI and #ML applications has been increasing, there is a need everywhere for faster computing power, which may be costly affair. However, #blockchain technology allows to increase computing power without huge investments in the computing infrastructure. In fact, #blockchain technology can be used to create a super computer by sitting in our office from combining the computing power of all idle computing capacity of desktops, laptops and mobiles located anywhere in the world by using distributed #blockchain technology.

The persons making available these computing capacities are paid based on PoW (Proof of Work) basis. So our old computers or laptops in the backyard or idle capacity during night time can be used to get additional revenues. Of course, the trade off is between revenues and electricity bills for power consumption.

One such white paper can be downloaded from https://conun.io

Bob Sullivan: How blockchain can fight exploitation and racism

Blockchain, and the ‘Internet of Value,’ can fight exploitation and racism. For example, food that comes with public audit trail enabled by blockchain would let a salmon eater know exactly which boat pulled their fish from what river. An industrious consumer could make sure that boat owner paid employees a living wage.

In fact, blockchain technology can be used by startups in agriculture and other food sectors to enable a consumer to know exactly from where each of agriculture goods or processed goods or their ingredients are sourced.

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Podcast: How blockchain, and the 'Internet of Value,' can fight exploitation and racism - bobsullivan.net

Too often, people who do the work don't get paid for that work, or earn only a fraction of the money extracted by institutional layers - middlemen - shoe-horned between producer and consumer.