MultiVAC

DLT Technology
MultiVAC header

MultiVAC

DLT Technology

Blockchain Development Platform (Sharding)

Singapore, Singapore
$15M
Total amount raised
2018
Year of establishment
Active
Status

About

Hi we’re MultiVAC!


Whitepaper Abstract: MultiVAC is a next-generation high-performance public blockchain for industrial-scale decentralized applications. Its trusted sharding technology allows for unlimited and sustainable scalability, and it provides a novel approach towards solving the blockchain scalability problem currently preventing mainstream blockchains from reaching industrial capability. MultiVAC is the first to propose a sharding model based on Verifiable Random Functions (VRF) and applies this model to transactions, computation, and storage. They confirm transactions in their network through a classic UTXO model with miners dynamically selected through a probability model. MultiVAC allows for the high levels of safety and reliability needed by industrial applications while only requiring processing on a small number of nodes, producing significant speed improvements. On top of their fast and scalable blockchain model, MultiVAC is the first in the industry to provide a computational model for smart contracts which allows developers to flexibly decide for themselves the tradeoff between consistency, availability, and partition tolerance, parameters that are often stiffly fixed by the designs of many public blockchains. They achieve this by providing a general-purpose virtual machine MVM equipped with a specially designed blockchain instruction set (BISC) and a powerful method to validate the correctness of smart contract executions (PoIE). With this suite of breakthroughs, MultiVAC is extremely fast, totally scalable, and robustly allows for the development of extremely complicated business logic on its application layer, an ideal blockchain to serve as the foundational layer of a public diversified blockchain ecosystem

Key objective

MultiVAC's vision is to enable large-scale commercial DApps to integrate smoothly into our ecosystem, enabling everyone to quickly and easily use blockchain applications to improve their work efficiency and quality of life, thereby creating a trustworthy, fair and harmonious society.

Slogan / Motto

Pioneering Flexible Blockchain Platform based on Trusted Sharding

Use cases

Decentralized Applications
Scaling Solutions
Blockchain Development Platform

Customers / Partners

Funding

Received funding
$15,000,000
Total amount raised
2
Rounds
8
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$15,000,000
Seed
Arrington XRP Capital
Hashed
Hongtai Capital Holdings
IDG Capital
JRR Crypto
NGC Ventures
UNITY VENTURES
N/A
Seed
Genesis Group