Matic Raises $10M from Blockinvest Ventures

Matic network provides scalable, secure and instant Ethereum transactions. Matic wallet will enable users to interact easily with Matic network while having a simplified User experience to make faster transactions.

The key aim is to change the decentralized transactions by leveraging a combination of blockchain scaling, developer platform and tools, and a rapid focus on User experience.

Matic network provides scalable, secure and instant Ethereum transactions. Matic wallet will enable users to interact easily with Matic network while having a simplified User experience to make faster transactions.

The key aim is to change the decentralized transactions by leveraging a combination of blockchain scaling, developer platform and tools, and a rapid focus on User experience.

Matic wallet will help users to interact with DApps and sign transactions easily while keeping their private keys safe on their mobiles. This is a great way of making blockchains reachable to mainstream users.

As mentioned earlier, Matic network aims to solve the problems faced by the blockchain ecosystem by building a decentralized platform using an adapted version of the Plasma framework. This enables low-cost transactions using Matic’s sidechain while also increasing the throughput.

Blockinvest Ventures is a leading investment fund specializing in blockchain technology, privacy-preserving technologies, and early-stage projects. This investment is aligned with goals to achieve adoption through better usability alongside scalability and will help realize the vision to achieve scale for decentralized applications.

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