Beam Raises $2M to Decentralize Governance and to Build Confidential DeFi Smart Contract Platform
Place/Date: - May 20th, 2021 at 12:00 pm UTC · 4 min read Contact: Beam, Source: Beam Foundation Beam, a layer one privacy blockchain based on a suite of privacy-centric tech such as Mimblewimble, Lelantus-MW and Dandelion has raised $2M to build a decentralized finance ecosystem on a private and scalable blockchain. The funding will be used to promote Beam’s upcoming blockchain upgrade, which will see the blockchain introduce more support for Confidential Assets and Smart Contracts running in the Beam Virtual Machine, executing code compiled to WebAssembly (WASM). The Beam protocol ...