Prometeus Labs and MultiVAC signed a technical cooperation agreement
Prometeus Labs glad to announce a strategic partnership with the world’s first all-dimensional sharding and flexible computing blockchain platform MultiVAC. We will exchange mutually in the level of the underlying technology and business development. The technical details of the partnership are to be announced later.
MultiVAC is the world’s first all-dimensional sharding and flexible computing blockchain platform, designed with an innovative distributed storage and transmission mechanism which is based on Merkle Root. By introducing storage nodes, miner nodes can efficiently and securely verify large data with minimal data, which helps solve the ledge storage and bandwidth overloading issues, which greatly reduce the scale of account and the volume of network transmission. MultiVAC conducted its token sale last year and collected over 18m USD from strategic partners such as Genesis Capital, Hashed and so on. The team behind MultiVAC consists of professionals with various work experience in well-known companies.
Recently MultiVAC launched testnet 3.0 and was able to create a stable mining ecosystem with over 500m MTV deposits and over 58m MTV mining rewards.
Prometeus Network is a secure and decentralized protocol that allows fully trustless and anonymous data exchange and storage. Prometeus aims to better commercialize the buying and selling of personal data in a more secure and decentralized fashion. By packaging the gathering, validating, processing, enriching, and purchasing of user data, Prometeus aims to establish a more streamlined user-experience for parties on both ends of data brokerage. Our primary focus right now is to allow people to monetize their data from social networks and give access to analytical products based on their data. Other use-cases of the network can include applications in many other industries that rely on data exchange and monetization.
Working together our teams will be able to achieve better performance of own technology development via talent and inventions exchange. Also, we will cooperate in terms of business development and data exchange, which will allow us to establish efficient and stable business processes. Exact details of the strategic partnership are to be announced in the coming months. Prometeus labs, as well as MultiVAC, is trying to be on the edge of the industry, work on technology progress and to collaborate with outstanding technical projects in various fields.
To celebrate our strategic partnership we will host a cross AMA after lunar holidays. Join us to share the prize pool in PROM and MTV. Follow us and MultiVAC on social media and stay tuned for more updates.
