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Chia Network builds a blockchain platform that prioritizes security and sustainability. Its DataLayer provides a decentralized data store that can link with traditional databases to offer database-like privacy and control with the immutability and trust of a public blockchain, and it runs over a global network of nodes using advanced cryptography. Unlike others that chase ease of use or rapid adoption, Chia focuses on regulatory compliance, consumer protection, and lower energy use. The goal is a scalable, verifiable infrastructure for secure data management and digital transactions that can support large organizations and consortiums while reducing energy usage and improving data integrity.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Crypto & Web3
Company Size
51-200
Company Stage
Series D
Total Funding
$69.7M
Headquarters
San Francisco, California
Founded
2017
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Total Funding
$69.7M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Chia Network introduced a new blockchain consensus mechanism called Proof of Space and Time.
Chia Network makes progress toward an IPO, CEO says.
Chia Network introduces a new "Proof-of-Space" mechanism based on using disk space instead of computational power.
In May 2023, Chia Network partnered with Google Cloud Platform (GCP).
Chia Network, Inc. has appointed Effie Datson to its Board of Directors.
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Crypto & Web3
Company Size
51-200
Company Stage
Series D
Total Funding
$69.7M
Headquarters
San Francisco, California
Founded
2017
Find jobs on Simplify and start your career today