Company Information

Get to know Chia Network Inc

Founded in August 2017 by Bram Cohen, the inventor of BitTorrent, Chia Network Inc. is a technology company focused on building a better blockchain and smart transaction platform. The company's mission is to provide an enterprise-grade digital currency that is more decentralized, efficient, and secure. Chia's blockchain utilizes a novel consensus algorithm known as "Proof of Space and Time" (PoST), which consumes significantly less energy than the "Proof of Work" (PoW) model used by Bitcoin, earning it the "green" or "eco-friendly" label. The company also developed Chialisp, a new, secure, and auditable on-chain programming language for creating smart transactions. Chia Network aims to support global financial and IT systems by providing a platform for real-world applications and services.

Industry

Crypto CryptocurrencyPRIMARY
Financial Banking
Financial Other Service

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Chia Network Inc

United States

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OVERALL SCORE

Licenses

--/40

Reviews

30/60

7 reviews

Provided by TrustFinance

OVERALL SCORE

Licenses

--/40

Reviews

30/60

7 reviews

Provided by TrustFinance

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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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.