Arweave is a permanent hard drive built on the blockchain that can serve as a permaweb archive. Anything you want to be stored across a decentralized network can be verified cryptographically with its own currency token incentivizing host nodes and miners. While the possibility of storage amount is infinite, transactions can be slow as the protocol scales and user interest increases. Bundlr Network is a decentralized multichain platform that speeds up data storage on Web3 on Arweave. Users pay a one-time fee with any major token, receive unlimited storage, and can upload data from any major blockchain while having instant access to the data. The company reports that upload and read speeds are 3000x faster than using Arweave on its own. Bundlr Network is currently views NFT marketplaces as its target customer but the solution is versatile enough to handle anyone with decentralized data storage needs. London TechWatch caught up with Bundlr Network Founder and CEO Josh Benaron to learn more about the business, the company’s strategic plans, recent round of funding, and much, much more…
Blockchain
BCB Group Raises $4.55M to Provide Institutional Banking Services to Serve The Crytocurrency Economy
As concerns grow over inflation and increasing interest rates, the cryptocurrency market has been looked at as a natural hedge to preserve capital. This popularity has led to more and more institutions looking to build exposure to blockchain and cryptocurrency. BCB Group, a provider of crypto banking services, makes cryptocurrency more accessible for cryptocurrency exchanges, market makers, funds and corporate traders, and cryptocurrency-specific projects. The company provides a host of services including exchange services, treasury management, custodial, wealth management, interest accounts, and foreign exchange. London TechWatch caught up with CEO and Cofounder Oliver von Landsberg-Sadie to learn more about the inspiration behind the company, the state of the cryptomarkets, the company’s future plans, latest funding round from investors that include North Island Ventures, Blockchain.com Ventures, Pantera Capital, L1 Digital, and Pack Capital. This is best described as a seed follow-on or pre-Series A raise.
Billon Group Raises $6M to Bring Enterprise-Level Blockchain Solutions Fit for Central Banks
Raising capital is never easy but it’s even harder for blockchain companies. These companies are commonly thought to be involved in cryptocurrency, which really isn’t the case for most blockchain startups. Learn more about how Billon Group’s technology is powering central banks and how it was able to successfully raise capital.