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Home FinTech

Cudos partners with fintech investment company ChainLayer

New York Tech Editorial Team by New York Tech Editorial Team
November 26, 2021
in FinTech
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Cudos partners with fintech investment company ChainLayer
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The Cudos ecosystem receives another boost, thanks to a new partnership with fintech investment company and equity holder in Cudos, ChainLayer.  

ChainLayer aims to back investors in the new blockchain financial system, providing value-adding services and industry-leading insights. 

With a proven track record, ChainLayer offers various services, including investment in financial technology, validation of some of the best networks globally, provision of accurate and updated oracle data and the quick syncing of nodes using Quicksync. 

ChainLayer is a trusted and ever-expanding brand in the Blockchain community with 220+ million euros staked. The firm also operates under a Zero Trust strategy. 

The team comprises Chief Executive Officer Peter Van Mourik, who has been at the forefront of growing ChainLayer into what it is today, crypto experimenter and chief technology officer Christian Andersen and finally, chief strategy officer Jonas Strand. 

“Cudos is the new cloud for a myriad of use cases, enabling users to harness unutilized power in a truly decentralized and cost-effective way. With Cudos, we finally can provide Turing complete computing to everyone, and anyone can easily benefit. Blockchain has already changed the world, giving people unlimited possibilities where previously there were none. From play-to-earn, exceeding minimum wages, banking services, and now thanks to the Cudos and Tingo partnership, anyone in Nigeria with a smartphone will be able to make passive income. We are proud to be part of the ecosystem and to work with such a strong and talented team. Cudos is by everyone, for everyone,” commented Jonas Strand, chief strategic officer at ChainLayer.

As partners and equity holders, the ChainLayer team is valued within the Cudos ecosystem. Many of their team are now considered long-term strategic advisors to Cudos. 

ChainLayer’s wealth of experience and proliferation in the blockchain and fintech space is widely recognized for its track record and quality. Therefore, without any reservation, the Cudos team welcomes ChainLayer and its contributions to the Cudos ecosystem and looks forward to growing collaboration into the future. 

“Chainlayer is one of the most reputable and trusted validator-as-a-service providers in the industry. Their state-of-the-art facilities and latest generation hardware and infrastructure are crucial and complementary to the Cudos network’s security. ChainLayer has truly demonstrated both a long-term commitment and strategic alignment to Cudos by taking a stake in our equity round. We’re fortunate to have their expertise to guide, support and advise us in the area of validator networks. Jonas, Peter and Christian are regarded highly at Cudos, and it’s an honor to have them on board and part of our global growth,” commented Nuno Pereira, vice president of partnerships at Cudos.

About Chain Layer

ChainLayer’s vision is to strive for healthy consensus and security on proof-of-stake networks and to provide fast, secure and accurate oracle data to blockchain networks. We strongly believe that decentralized networks are here to stay and we do everything to help networks maintain their integrity.

We firmly believe that blockchain is the financial technology of the future. As early investors of emerging fintech, we currently support various projects that globally deliver sustainable, disruptive and future-proof technology.

For more:

Website, Twitter, Medium, Telegram, LinkedIn, GitHub

About Cudos

The Cudos Network is a layer one blockchain and layer two computation and oracle network designed to ensure decentralised, permissionless access to high-performance computing at scale and enables scaling of computing resources to 100,000’s of nodes. Once bridged onto Ethereum, Algorand, Polkadot and Cosmos, Cudos will enable scalable computation and layer two Oracles on all of the bridged blockchains.

For more:

Website, Twitter, Telegram, YouTube, Discord, Medium

This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.


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