Cere Network announced the launch of the decentralized data cloud after Polkadot and Polygon integration as we can see more today in our latest blockchain news.
Cere Network announced the launch of Cere Decentralized Data Cloud as the first decentralized cloud computing platform. The Cere platform uses blockchain identity and data encryption to power the consumer-first data ecosystem as well as unlock the realm of business-to-consumer NFTs utilities. Cere managed to raise $41 million from investors across multiple rounds including Republic Labs, Polygon, Binance Labs, Arrington XRP Capital, and more. Sandeep Naiwal as the co-founder of Polygon said:
“Cere’s Decentralized Data Cloud takes models like Snowflake’s and makes it much easier for dApps to integrate with decentralized datasets. We have been working closely with the Cere team, and we are excited that developers, companies, and individuals in our ecosystem can leverage smart contracts deployed on Polygon to include trustless data transfers on top of value transfers via Cere’s Decentralized Data Cloud.”
Cere Network Launches Decentralized Data Cloud With Polkadot & Polygon Integration!
🔹Open to any @Polkadot & @0xPolygon ecosystem projects
🔹Easy integration with any EVM-compatible blockchain
🔹More innovative toolkits to be released#data #datacloudhttps://t.co/e9RtbfTX0T— Cere Network (@cerenetwork) December 10, 2021
Cere built its own blockchain which provides the necessary security, utility, and trust to power the data cloud. Its innovation stack extends substrate components and it supports the Polkadot ecosystem blockchain but can easily be integrated with other EVM-compatible blockchains like Solana, Cosmos, and Polygon. This approach allows for cross-chain data and NFT-backed data assets to be easily transferred along with NFTs in smart contracts. Cere will also be releasing a set of innovative toolkits that can automate decentralized data into customizable virtual datasets that are directly accessible in real-time. One of its biggest shortcomings in the NFT space is storing the NFT assets that are easily lost and damaged by centralized storage vendors. Cere’s solution is a reliable and inexpensive decentralized storage solution. The co-founder of the network Fred Jin said:
“As blockchain-based companies continue to see massive growth, it’s imperative that decentralized teams and the companies they work with are able to leverage data that aren’t behind walled gardens. We’re very excited to be able to work with Polkadot and Polygon ecosystem projects to harness their datasets and take their businesses to the next iteration of what blockchain and cryptocurrency are to become – and that’s mainstream adoption.”
At this point, there is no industry that has been left untouched by the cloud….
🔥The next phase for cloud computing has begun with the release of the Decentralized Data Cloud (DDC)
📘Read our blog post here: https://t.co/QV1u2dtLvn#cere #DDC #decentralizeddata #cloud pic.twitter.com/QKWBXmEooY
— Cere Network (@cerenetwork) December 10, 2021
Cere Network is the first Decentralized Data Cloud that is built on Polygon and also the first Web 3 infrastructure that facilitates trustless cloud data storage and collaboration across blockchain networks. It was founded by former executives of Twitch, Huobi, Amazon, Bebo while also being backed by Binance Labs, Polygon, Fenbushi Capital, Arrington XRP Capital, and Republic Labs. It is based in Berlin but has offices in San Francisco and New York.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post