Midpoint Labs

Midpoint Labs

Integrates blockchain with off-chain APIs

About

Midpoint Labs connects blockchain technology with off-chain APIs, allowing smart contracts to access data and services from the internet. The company focuses on enterprise clients in sectors like finance, supply chain, and healthcare, providing high reliability and scalability through enterprise-grade Service Level Agreements (SLAs). They charge for API access, including fees for setting up oracles that supply real-world data to smart contracts while ensuring sensitive information remains secure. The goal is to enhance blockchain applications by enabling seamless interaction with the wider internet.

Company Stage

Seed

Employees

1-10

Industries

Enterprise Software, Fintech, Crypto & Web3

Total Funding

$2.9M

Headquarters

San Francisco, California

Founded

2022


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Simplify's Take

What believers are saying

  • Rising cross-chain interoperability demand aligns with Midpoint Labs' API integration focus.
  • Blockchain adoption in supply chain boosts demand for secure data exchange solutions.
  • Healthcare's interest in blockchain opens new markets for Midpoint Labs' API services.

What critics are saying

  • Rapid blockchain advancements could render Midpoint Labs' solutions obsolete without innovation.
  • Emerging startups offering similar services may dilute Midpoint Labs' market share.
  • Security vulnerabilities in smart contract interactions pose reputational and financial risks.

What makes Midpoint Labs unique

  • Midpoint Labs bridges blockchain and internet with unique API integration services.
  • They enable smart contracts to access off-chain data, enhancing blockchain functionality.
  • Focus on enterprise clients ensures high reliability and scalability in service offerings.

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