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Soda Labs Raises $3 Million To Bring Private Computation To Public Blockchains

Bitcoinist
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Soda Labs Raises $3 Million To Bring Private Computation To Public Blockchains

NextBlock has invested $3 million in Soda Labs, funding the company's entire seed round. Soda is building privacy infrastructure based on garbled circuits and multiparty computation so financial applications can process confidential data while remaining connected to public blockchains.

Key Takeaways

  1. NextBlock has invested $3 million in Soda Labs, funding the company's entire seed round.
  2. Soda is building privacy infrastructure based on garbled circuits and multiparty computation so financial applications can process confidential data while remaining connected to public blockchains.
  3. Read the full article for additional context and details.
Read Full Article on Bitcoinist

Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.