Dhiway announces the general availability of the CORD blockchain for building digital public utilities
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CORD, an open-source project with an OSI-approved license, is purpose-built to support population-scale initiatives like the UN Sustainable Development Goals (SDGs). This “made in India for the world” blockchain is purpose-built to support the needs of various population-scale goals and targets, such as financial and economic inclusion, social protection, healthcare, education, agriculture, governance, migration and registry management. “CORD creates new possibilities for addressing trust gaps, managing the authenticity of transactions, and exchanging value at scale. The ground-up design offers a reliable, secure, and extensible foundation for building a range of applications which offer the best of Web3.0 characteristics “, said Satish Mohan, Co-Founder and CTO at Dhiway. “We see CORD as an essential building block of digital public infrastructures across use cases which require disintermediation, unbundling and consistent re-use of verifiable information and management of risks around authenticity, confidentiality and privacy of data.” Dhiway is currently working with various organizations and innovation partners to launch utility networks that will serve their interests and customer needs using CORD. The reliance on outdated, silo-based information models with high maintenance costs will gradually diminish. The company raised $1 million in a pre-seed funding round earlier this week from Cornerstone Venture Partners Fund and SUNiCON Ventures.
About Dhiway A Bengaluru-headquartered startup, Dhiway, was incorporated in 2019 and is India’s first Verifiable Data Exchange Platform. Founded by technologists with extensive experience in building open-source projects which scale, Dhiway is committed to working with open standards to drive innovation. Dhiway builds data interchange systems and enables organizations to deploy governance frameworks to sustain these as sustainable digital assets. Dhiway is a founder-member of the Trust over IP (ToIP) Foundation that is working to help enable the trustworthy exchange and verification of data between any two parties on the Internet. Learn more Dhiway – https://dhiway.com/ CORD – https://cord.network/ GitHub: https://github.com/dhiway/cord Discord: https://discord.gg/yaGg4WFEVe (Disclaimer: The above content is a press release and PTI takes no editorial responsibility for the same.).
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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