QANplatform has raised $2.1 million in funding from a number of venture capital investors. The investors include DeltaHub Capital, Insignius Capital, Fairum Ventures, and BlackDragon.
The company plans to use the funding for three key areas – product development, marketing, and liquidity providing on exchanges.
The company has developed a quantum-resistant platform that devs can use to create a range of tools. DeFi and dApps can be created on the QANplatform, and it can also be used for business processes.
Max Mucko, Partner at BlackDragon, commented on the investment,
“We are glad to contribute in this investment round and support QANplatform’s future growth. We see a lot of potentials not only because of the quantum-resistant cybersecurity but also for QAN’s other IPs like Proof-of-Randomness (PoR) consensus algorithm, rapid cloud platform deployment, or the upcoming multi-language smart contract development feature.”
QANplatform is Addressing a Potential Game Changer
QANplatform has created a platform that allows companies, or any development entity, to create a range of tools that can be easily integrated into a professional workflow. In addition, the architecture of the platform is quantum-resistant, which may become more important in the coming years.
Johann Polecsak, Co-Founder and CTO of QANplatform, told the media,
“Our key mission is to lower the entry barriers for developers so startups and enterprises can build their Proofs-of-Concept (PoC) and Minimum Viable Product (MVP) as fast as possible to reach mass adoption. We stick to this view and let only community-driven VCs invest in this strategic pool.”
There are many ways to use blockchain technology, but implementing a blockchain-based system in an existing company can be difficult. QANplatform has addressed this and given the dev community a solid foundation to create numerous real-world tools.
The Quantum Revolution is Here
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