U2U Network, a Hanoi, Vietnam-based blockchain infrastructure platform, obtained a seed funding from V3V Ventures.
The quantity of the deal was not disclosed.
The corporate intends to make use of the funds to increase operations and its improvement efforts.
U2U Community is on the forefront of integrating blockchain know-how with scalable infrastructure options. The platform makes use of the Helios consensus algorithm, enabling the U2U Chain to deal with as much as 72,000 transactions per second with low latency and excessive throughput. Its EVM compatibility permits seamless onboarding of dApps, whereas its Subnet know-how presents decentralized companies for IoT, decentralized identification (DID), and micro-payments.
FinSMEs
26/09/2024
