Company Information

Get to know CANVAS Blockchain Group

CANVAS, legally known as Canvas Technology Pte. Ltd., is a blockchain infrastructure company focused on addressing the scalability and high transaction cost (gas fee) issues on the Ethereum network. The company has developed a Layer 2 scaling solution based on StarkWare's ZK-Rollup technology. This technology bundles thousands of transactions into a single batch, processes them off-chain, and then submits a cryptographic proof to the main Ethereum chain. This method significantly reduces gas fees and increases transaction throughput, aiming to make Decentralized Finance (DeFi) applications more efficient and user-friendly for both developers and end-users.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service
Financial Wealth Management

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CANVAS Blockchain Group

N/A

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.