White Shark is a blockchain-based technology firm that offers a range of services and platforms aimed at revolutionizing the transition to web3 and blockchain technology for enterprises in a decentralized and sustainable manner. The firm brings with it AI(Artificial Intelligence) powered sustainable technology that ensures easy cross-platform integration. The firm offers a a diverse set of services and platforms under BaaS(Back-end as a Service) and PaaS(Platform as a Service) models respectively. The firm’s infrastructure leverages the same underlying mechanisms of blockchain technology to ensure easy cross-platform integration and even easier than ever collaboration.
The India-based startup has announced the closure of a successful undisclosed funding round that yielded $16 Million in funding. The proceeds of this round will be utilized to further develop and deploy their ground-breaking technology which aims to revolutionize the industry with its speed, intelligence and versatility.
White Shark headquartered in New Delhi and is the first Indian layer 1 public blockchain. The firm has a vision to make blockchain technology accessible, secure and cost-effective for masses, businesses and governments, corporates and MSMEs(Micro Small and Medium Enterprises).
The firm’s revolution in enterprise transition to web3 is aimed at ensuring accessibility, adaptability, affordability, sustainability, security and speed. This approach has enabled White Shark’s AI-based self-evolving blockchain to garner significant attention from the industry at a very fast pace.
The firm stands out as an ideal choice due to its diverse range of capabilities that include the ability of no-code development, providing blockchain as a service, supporting the metaverse, facilitating asset management, offering entertainment NFT solutions, ensuring faster and secure banking operations, enabling hackproof contracts and facilitating health-care data storage among may others.
In the last quarter of 2023, the firm has plans to launch its live testnet among many other activities including the launch of a school management software, the release of a video streaming platform and surveillance data testing, aggressive marketing and educational content among many others. The firm also has a plan to engage in a community building initiative that will target 1.9 million people in India, The UK and UAE.
Related Posts
Applied Digital secures $50 Million in a debt financing round.
Applied Digital is a digital infrastructure firm that is developing and operating next-generation data centers across North America.…
Thetanuts Finance secures $17 Million to create new partnerships.
Thetanuts Finance is a DeFi(Decentralized Finance) protocol that offers multi-chain and DeFi structured products for diversified, organic yield…
Microsoft’s Landmark Investment in G42: Propelling AI Innovation in the UAE and Beyond
G42, a leading UAE-based AI and cloud computing company, made headlines this week with Microsoft’s substantial $1.5 billion…
SUIPAD secures $1.16 Million in an undisclosed funding round.
SUIPAD is a firm with a launchpad that enables entrepreneurs with innovative projects to raise capital and launch…