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Cudos is a multi-chain layer 2 solution that provides Turing-complete calculations and external data for the blockchain. It was announced today that Cognitive Blockchain has made an equity investment in its parent company Cudo and will provide Cudo with a vast Chinese area. Blockchain market expertise.
“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
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 start-ups, and supports the long-term development of their investment projects and ecosystem construction.
“We believe that Cudos can bridge the gap between traditional cloud services and blockchain, provide second-layer scaling solutions and use idle computing capabilities, which is expected to change the rules of the game in the web3 field. Cudos is positioned as the next-generation blockchain distributed The industry leader in computing networks. It will provide support for fully decentralized and scalable computing solutions, which will completely change the way in which computing power is applied and utilized. We are very happy to join Cudos as a network verifier and strategic partner. “
– Yes it isNny Yue, Co-founder and Managing Partner of Cognitive Blockchain
The Cudos network will enable anyone to sell or consume excessive computing resources through blockchain/smart contracts or through more traditional cloud computing APIs.
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