Cognitive blockchain invests in multi-chain computing network Cudos

Cudos is a multi-chain layer 2 solution that provides Turing-complete calculations and external data for the blockchain. Today it was announced that Cognitive Blockchain has made an equity investment in its parent company Cudo and will provide Cudo with expertise , In order to open up the vast Chinese blockchain market.

Cognitive blockchain consists of a blockchain education platform and community clubs; and a venture capital plan. Cognitive blockchain’s venture capital focuses on long-term value investment in blockchain technology startups and supporting the development of their project ecosystem.

“We are very grateful for the opportunity to have a strategic cooperation with Cognitive Blockchain. Their team, led by the managing partner Jenny Yue, immediately recognized our vision and has a strong understanding of the market opportunities we are filling and the technology stack we are building. Deep understanding. Opening the door to the Chinese market is critical to our growth strategy, and cognitive blockchain will help us succeed.”
– Pete Hill, Vice President of Sales, Cudos

Cudos network

The Cudos network allows anyone to sell or consume excessive computing resources. Through blockchain/smart contracts or through more traditional cloud computing APIs. The basic platform has been under development since 2017 and is active in more than 150,000 users in 145 countries/regions; it includes approximately 20,000 nodes that run various blockchains and compute workloads on the network.

CUDOS tokens, the native assets of the network are now also available for exchange.

Token utility:

  • Committed to becoming a CUDOS validator node (CVN) and getting rewards;
  • Delegate to support the rights and interests of CVN;
  • MoE powers the CUDOS network;
  • And are eligible for general computer work qualifications and receive fee discounts.

Please note that you can find all network front-end software, management software, billing engine and other available functions in the following locations.

Source link

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *