About Truebit
TrueBit is a decentralized computation platform that aims to enhance the capabilities of smart contracts on blockchain networks. By providing a mechanism for off-chain computation and verification, TrueBit allows for more complex and resource-intensive tasks to be executed while maintaining the security and integrity of the blockchain. The platform leverages a network of verifiers to ensure that computations are performed correctly, enabling developers to build more sophisticated decentralized applications (dApps). TrueBit's innovative approach addresses scalability issues faced by existing blockchain solutions, making it a significant player in the blockchain technology landscape.
Company facts
- Industry
- Computer Software
- Sub-industries
- Blockchain Technology, Decentralized Applications, Smart Contracts, Cryptocurrency, Distributed Computing
- Location
- London, United Kingdom
- Employees
- 1–10
- Revenue (USD)
- 1–5M
- Founded
- 2017
Products and services
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