Kandola Network

Kandola Network is a small, privately held company located in the United States. Founded in 2021, it currently employs five individuals. Kandola Network operates a decentralized Database-as-a-Service platform, designed to address challenges faced by Web3 decentralized applications (Dapps) regarding data storage. Their platform offers a solution to the trade-offs between on-chain storage, which is expensive and slow, and off-chain storage, which centralizes applications and increases security risks. The company's platform is compared to IPFS, highlighting its role in providing decentralized storage similar to how IPFS handles file storage. Kandola Network boasts a team of highly experienced professionals, including PhDs, Masters degree holders, and technology experts. They have secured pre-seed funding of $20 million from prominent venture capitalists and angel investors. The company has filed four patents related to its technology and has launched a public Testnet in late 2023. Their technology has gained recognition in the industry, with their Whitepaper invited for presentations at prestigious conferences worldwide, such as IEEE ICBC in Dubai, IEEE COINS in Berlin, Germany, and IEEE BCCA in Kuwait. For interested developers, access to the public Testnet and contact information can be found on their website: kandola.network.