Sunday, February 5

Aleph.im Raises $10 Million To Develop Censorship-Resistant Data Storage System By Cointelegraph


©Reuters. Aleph.im raises $10 million to develop censorship-resistant data storage system

The competition between computer networks is heating up, with decentralized players entering the scene with the backing of the cryptocurrency ecosystem.

Decentralized computing and storage network Aleph.im has completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital have contributed funding, among others. The cross-blockchain network aims to provide fully decentralized computing power and censorship-resistant data storage, according to the announcement.

Aleph.im scheduled its first compute resource node launch for January, following the funding round. The nodes will become the main processing source of the decentralized network.

Read the full article on Cointelegraph

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