The blockchain data sharing platform Smarter Contracts has completed approximately $3.32 million in private equity financing

2023-11-24 16:34:12

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ChainCatcher news, blockchain data sharing platform Smarter Contracts has completed a £2.65 million (approximately $3.32 million) private equity financing, with an undisclosed private investor participating. The new funds will be used to enhance development and design capabilities to further expand the business and customer base of its blockchain data sharing user permission management platform "Pulse," while also expanding the smart contract functionalities supporting the Pulse protocol and accelerating the integration of the protocol with artificial intelligence technology.

Previously reported in June, according to City A.M., Smarter Contracts announced the completion of a $1.095 million financing, with part of the funds coming from two private investors and another part from the prize support of the Amazon AWS FinTech Accelerator. Smarter Contracts' blockchain-based data sharing user permission management platform "Pulse" aims to promote more honest and open data sharing among enterprises, while also encouraging customers to be more willing to share information for corporate use.

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