The Financial Frontier of Blockchain

In an exciting twist on the investment front, Oraclize has just bagged €500,000 in seed funding, spearheaded by Digital Identity SA—a rising star in the Fintech sector. This funding is not just numbers on paper; it’s a leap towards revolutionizing how financial services leverage Blockchain technology, paving ways for new opportunities in this booming digital age.

Oraclize’s Mission

With a laser-like focus on financial companies, cryptocurrency wallets, and decentralized exchanges, Oraclize isn’t just dipping its toes in the Blockchain pool; it’s cannonballing in! Their goal? To provide a robust infrastructure upon which these cutting-edge financial applications can thrive and flourish. Think of Oraclize as the sturdy scaffold holding up a magnificent construction of financial innovation.

Words of Wisdom from the Investors

Natale Ferrara, the director of Digital Identity SA, couldn’t have summed it up better: “Oraclize provides an infrastructure tool essential for Blockchain applications to grow and have a concrete impact.” His optimistic outlook suggests that this strategic investment is expected not just to benefit Oraclize but the entire Blockchain ecosystem as well. That’s quite the endorsement!

Pioneering a Safe Data Transport Layer

When it comes to Blockchain, safety and reliability are king! Oraclize offers a secure data transport layer that empowers decentralized applications (dApps) to function seamlessly. Since its inception in 2015, the company has handled over 200,000 requests on the Ethereum mainnet alone, along with millions on test nets. Talk about a few busy bees!

Authenticity and Trust: The Key Players

In a landscape riddled with trust issues, Oraclize is stepping up its game by utilizing independent attestors and a mix of software and hardware-enforced security technologies. Their authenticity proofs ensure that all transactions that traverse their network are not just safe but have the ironclad backing of various cryptographic techniques. It’s kind of like a security stamp of approval—who doesn’t love that?

A Vision for the Future

CEO Thomas Bertani highlighted the evolution of the Oraclize concept since its launch in 2015, emphasizing its adaptive nature in response to market needs. “Today, Oraclize is the longest running Oracle service across a multitude of Blockchain platforms,” Bertani stated. This funding is a stepping stone to elevate their technology and broaden their service capabilities, ensuring that they remain at the forefront of the Blockchain revolution.

Conclusion

This fresh influx of €500,000 is not just a financial boost; it’s a promise of what’s to come. With Oraclize spearheading innovations in secure Blockchain infrastructure, we’re bound to witness a transformational shift in how the Fintech industry operates.