Fine-tuning for databases – US-Start-up Fluree collects nearly $ 5 million

The American Start-up Fluree can look forward to a cash injection. This week, the company managed out of North Carolina, to collect about 5 million dollars of investors ' money. Fluree developed a block chain based systems for the management of databases. By using the platform FlureeDB customers should be able to the degree of Centralisation of your data be free to determine. This is to make the distributed databases more efficient.

By David Barkhausen
4. June 2019BTC$7.980,00 -5.09%part Facebook Twitter LinkedIn xing mail

Who is in the digitization of its databases entirely on the Blockchain technology that could paralyze the traditional consensus mechanisms of decentralized technologies such as Proof-of-Work. A company that announces the Problem of the scaling of the fight, the American Start-up Fluree.

As the industry service TechCrunch on Monday, the 3. June, reported, can look forward to Fluree for his self-chosen Mission, a financial injection by Using the investment funds, the Rise of the Rest, the company managed to secure $ 4.7 million (just under EUR 4.2 million) of investors ' money.

other than in the management of databases Blockchain technologies, all working to make wants to tune up the company from North Carolina, digital data systems using Distributed Ledger technology is fine. On the Basis of the platform FlureeDB customers to determine the degree of Centralisation of your data and Blockchain-can customize solutions for your data systems.

If you want to decentralisation 100%, such as Bitcoin, then this will make databases] slowly. You can't have everything. What can, however, screw down, is the degree of centralization. We want to provide a set screw for this purpose,

Fluree-founder and CEO Brian explained the Vision of his company.

he went still, the advantages of decentralized Blockchain technologies, such as transparency or immutability to data records decided to take in the view.

The real advantage here is the immense integrity of the data. So you can prove that there is no Manipulation or by whom data were created. This is with current databases, or other data management technologies not possible at the moment,

place self-aware.

reliable data, thanks to the Blockchain, No new promise

For a number of companies and institutions Blockchain-technologies have been applied for decades as a possible Savior for chunky, insecure, and opaque data systems. Decentralized databases to protect information against Manipulation and manual minimize administrative overhead.

The crux of such Blockchain-systems is, however, The larger the amount of data, and the broader the Blockchain networks, the more cumbersome can prove to be the decentralization of the databases. Transactions on the Bitcoin Blockchain is about currently need, on average, just under an hour. Companies are likely to be more interested in data transmission in real time.

For years, many interested in filing so ambitious in the application of distributed databases. Particularly in the logistics sector Blockchain-databases are long-as a driver of innovation. Of UPS, FedEx, more and more shipping sizes Blockchain Software take in the view, such as cargo letters and their global supply secure chains.

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