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Multiversum, the new innovative fourth generation blockchain technology platform has raised $2.9million in just 8 days in its Pre ICO. The hard cap for the Pre ICO is 60MLN$ and it will run until 31/3/2018
A spokesperson for the company indicated that they were very happy with the results so far and moreover they expected to hit the hard cap before the sale closed.
Multiversum defines itself as a fourth generation blockchain. Instead of creating a single blockchain, Multiversum has created a Crypto Relational Database. This unique approach forms chains of data that are flexible to meet the needs of complex corporate and industrial environments.
“Blockchain is transformation in its technology,” says Visioner and Founder, Andrea Taini. “However, it is also limited in its application for complex corporate environments. We have taken the best of blockchain, addressed the commercial failings and generated a powerful, innovative solution with industry strength attributes.”
Multiversum offers faster and more scalable solutions. It seeks to be more competitive by generating more flexible solutions to meet corporate needs in which complex data structures need to be organized in tables (as in relational databases).
At the same time, those structures need to be validated and made immutable with blockchain-based techniques such as increasing traceability and security.
The Multiversum platform applies blockchain functionality, without the legacy technical issues, to primary management of databases, application decentralization, auditing, security and reliability.
Multiversum can deliver complex data organization using Proof of Integrity validation (cryptographic proof of server code) in place of more time consuming and energy hungry Proof of Work as well as replacing the slower Proof of Stake validation.
In addition, Multiversum will feature ERC-20/ERC-23 integration allowing coins and tokens from other solutions to be hosted on