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BigchainDB Raises $3.4M Series

Recently funded · $3.4M Series aTechnology, Information and MediaDEView source

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For enterprises looking to deploy blockchain solutions without the typical scaling headaches, BigchainDB has secured $3.4M in Series A funding. The company offers a scalable blockchain database that starts with a distributed database foundation and then integrates core blockchain characteristics like decentralized control and immutability.

BigchainDB aims to bridge the gap between traditional databases and blockchain technology, providing high throughput and sub-second latency for a wide range of use cases, from identity management to supply chains and IoT. Its approach allows developers to build proof-of-concepts and applications that look and feel like a database but carry the essential features enterprises demand from blockchain.

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