De-WAN Technology Enterprise Valued at $100 Million... Leading the AI and Large-Scale Data Era with Decentralized Network
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According to Crypto Fundraising, in this investment round conducted with gate.io Labs and International Blockchain Consulting (IBC Group), Multiple Network received a corporate valuation of $100 million.
Multiple Network is a project that builds a decentralized network infrastructure that anyone worldwide can participate in, based on De-WAN (Decentralized Wide Area Network) technology. This technology combines Software-Defined Networking (SD-WAN) and P2P protocols to provide real-time route optimization and end-to-end encryption.
Particularly, Multiple Network operates by having global distributed nodes share bandwidth and computing resources. It ensures stable service through real-time bandwidth redistribution and optimal route discovery, even when some nodes are offline or during traffic congestion. This resolves the limitations of existing centralized networks that were vulnerable to single points of failure and had data security constraints.
Network participation is possible by simply installing lightweight software on various operating systems like Windows, Linux, and macOS. Both individuals and companies can contribute by providing idle resources and receive Multiple Network (MTP) tokens based on their contribution.
A representative from 071 Labs stated, "Through this investment, we will expand user and corporate participation in the Korean market and actively support the construction of next-generation decentralized infrastructure that supports AI and large-scale data transmission."
Choi Joo-hoon joohoon@blockstreet.co.kr
