30s Summary
G6 Networks offers ready-to-use blockchain solutions that increase its accessibility and focus on privacy, ideal for managing identities and verifying events. The firm combines traditional IT systems’ simplicity with the security and reliability of Web3 technology, enhancing the customer experience for both individuals and businesses. G6 Networks has grown since its inception in 2023 and has achieved significant milestones such as joining the Polkadot Blockchain Academy, raising $244,000 in funding, and launching testnet and G6 MiddleWare technology. By tackling issues like complexity and privacy, the company aims to mainstream blockchain.
Full Article
G6 Networks is offering a new and easy way to use blockchain technology with a focus on privacy making it simple for everyone to use, not just tech enthusiasts. They’re trying to get rid of the notion that blockchain is only for those in-the-know and are working to make it more accessible for everyday people and businesses.
For some folks, understanding how blockchain works can be like trying to crack a code. This can put people off and has led to the belief that it’s only for people who are super knowledgeable about technology. Add in a market full of projects that seem to be based more on hype than actual substance, and it’s little wonder many folks are reluctant to dip their toes in.
Businesses face a different problem. A lot of blockchain products don’t offer much in the way of privacy which makes them hesitant to use them for anything too sensitive.
Seeing these problems, G6 Networks decided to provide blockchain solutions that are ready to use and will make it easier for people and businesses to make the most of this technology.
Their ready-made blockchain solutions are perfect for managing identities and verifying events. Combining the easy-to-use nature of traditional IT systems with the security and reliability of Web3 technology, they hope to create a platform that everyone can use every day.
“The future of blockchain isn’t just about tech – it’s about people,” says David Pethes, founder of G6 Networks, “We’re creating a space where individuals have control over their digital lives and blockchain is a tool for empowerment, not complexity. Our products act as intermediaries between individuals and businesses, offering the best bits of digital identities and professional systems.”
Since setting up shop in 2023, G6 Networks has reached a bunch of neat milestones. It joined the Polkadot Blockchain Academy in early 2024, bagged $244,000 in funding from the Polkadot Treasury, and has grown its team to really dig their heels into the blockchain industry.
They’ve also launched a testnet and the G6 MiddleWare (MW) technology, a great feature that allows businesses to operate securely in private environments while still benefiting from the best bits of blockchain – it’s unchanging nature, security, and event verification.
G6 Networks is all about staying legal and ensuring it’s operations fit within established rules. They’re based in Estonia and issue tokens in Hungary, meaning everything they do falls within EU regulations.
They’re also globally minded, signing agreements with partners in countries like Indonesia and Brazil. They’ve got their eyes on Switzerland, Hungary, and several other EU locations for future partnerships. They even started sales of validators that whipped up $700,000 from folks all around the world.
In December 2024, the company is set to kick off pre-booking for private chains. They’re hosting a fair launch and will follow it up with a token generation event in January 2025.
Their plans for the second quarter of 2025 include launching their very own private chains and enterprise products, securing their standing in the market. They’ll also get to work on community events to drum up interest and encourage people to use their innovative solutions.
By tackling the things that have kept blockchain from becoming mainstream, like complexity and privacy issues, G6 Networks is on a mission to bring blockchain to everyone.
Want to learn more about G6 Networks? Simply follow the link.
Remember, while this article should provide you with all the key details, always do your research before making any decisions related to the company.