Flare

Flare is a powerful new layer 1 blockchain built for secure decentralized connectivity with other chains and real world data sources.

Business Model:

Revenue: $0

Employees: 11-50

Industries / Tags:

Detailed Flare Information

Geographic Data

Flare headquarters map

Address: -

City: Newcastle upon Tyne

State: england

Zip: NE1 1DE

Country: GB

Financial Info

Stage:

pre seed

Raised Last:

$0

Raised Total:

$11M

Metrics

3,174,668Website Global Rank

5,073Website Monthly Traffic

Twitter Followers

Description

Flare is a powerful new blockchain with the first consensus protocol for external data. Decentralized applications on Flare can therefore trustlessly acquire and use information from other blockchains and real world data sources, solving the oracle problem and opening the door to a new era of utility. &g; Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity. &g; Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi. &g; Full cross-chain composability enables decentralized applications to use the value, liquidity and information of multiple blockchains via a single deployment on Flare. &g; Seamless decentralized integration with Web2 data powers trustless use of real world data sources in Web3 dapps.

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