Othentic
Date | Investors | Amount | Round |
---|---|---|---|
* | $4.0m | Seed | |
Total Funding | €3.6m |
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EditOthentic.xyz operates in the blockchain and decentralized technology market, providing a library of components designed to build distributed systems within a shared security environment. The company serves developers and businesses looking to minimize engineering overheads and focus on their core services by offering production-ready components that abstract away low-level implementations and infrastructure details. Othentic's business model revolves around offering customizable computational services that can be deployed over trustless execution environments, allowing clients to spin up a network of operators to run unique compute tasks. Revenue is generated through the provision of these modular and customizable components, which cater to novel use cases in decentralized applications. The company's offerings include Oracle AI inference networks, exploit prevention systems, decentralized RPC, order books, rollup watchers, solvers, indexing infrastructure, relayer networks, privacy-preserving networks, bridges, and decentralized sequencers.
Keywords: blockchain, decentralized, distributed systems, shared security, computational services, trustless execution, modular components, Oracle AI, rollup watchers, privacy-preserving.