BTC Intelligent Contract Layer BTC Virtual Machine BVM Creator Turingbitchain Completes First Round of Institutional Financing

2024-08-12 09:36:18

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On August 12, it was reported that the creator of BTC smart Contract LayerBTCVirtual MachineBVM, Turingbitchain, has completed the first round of institutional financing, with participation from ZC Capital, Stratified Capital, TradingEQ, HK HuaEr Group, and others. Specific valuation information has not been disclosed yet. Participating in the BVM ecological construction includes: B2GC Accelerator, 071Labs, OneKey, NaboxWallet, Taskon, Icetea Vietnam, PROM, TinTinLand, BeHelix, Mintlayer, BoolNetwork, Onekey, CoralApp, etc. Turingbitchain (TBC) has the advantages of SHA256 POW+UTXO model, and has better scalability and data slicing ability, as well as practical Turing CompleteSmart Contract capability. Suitable for the development and deployment of Web3 applications, it can fully unleash the Liquidity and micro-payment potential of BTC.

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