ApexFree Will Invest $ 7 Million in the Universa Blockchain Platform

Funding Rounds

Summary

According to Firrma in Universa Blockchain, this partnership will allow companies to launch a SaaS solution for fast and inexpensive microtransactions based on blocking and smart contract technology.ApexFree Platform Services is a platform that works in the field of automation and robotization of information flow management, payments and documents. Now the company has a plan to expand its capabilities and scope, to introduce new services and software solutions and develop its own Blockchain Platform.Taking into account the readiness of the blockchain technologies of the platform, Universa will be used for registering transactions and metadata related to it.According to Alexander Borodich, the founder of the Universa Blockchain, "the integration with Universa will allow companies to offer the market a solution for rapid registration and transparency of instant payments, transfer of ownership of property, support for typified business processes and direct calculations between banks. The platform offers low transaction cost (ten times cheaper than Ethereum); a simple API for integration with ongoing business processes. The scope of application varies from electronic access keys to direct bank settlements. The key architect and project manager is Ilya Petrov.The ICO start on 28 of October.ApexFree is a platform for cross-cutting integration and consolidation of software products, technologies, services, robots and solutions to obtain synergies from the integration and automation of business processes for professional services provision.

$ Funding

$
Amount $7.0M Total raised
Date October 18, 2017 Announcement date
Investors - Lead investors
Company https://universablockchain.com/ Funded company

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