Singapore
TrueChain Foundation is a Singapore-based startup founded in 2018 that aims to revolutionize the blockchain and crypto industries. The company's mission is echoed in its slogan, "TrueChain is a fast, permissionless, secure and scalable blockchain platform which is supported by hybrid consensus."
TrueChain addresses the efficiency and decentralization challenges faced by many public chains by utilizing the hybrid consensus technology called Minerva, which combines PBFT and fPoW. This approach aims to reconcile the decentralization and efficiency dilemma, providing a well-governed blockchain platform for the decentralized economy.
The startup has received a Corporate Round investment from YMK Fund in 04 June 2019, demonstrating investor confidence in its innovative approach. TrueChain also boasts a global developer community and has developed a range of open-sourced products to cater to the needs of developers and entrepreneurs worldwide.
With a diverse international team, including members from India, the United States, and China, TrueChain is well-positioned to drive the decentralized economy revolution and attract global talent to contribute to its platform.
