Pune Magazine

On March 8, TANG announced the completion of seed round financing, TANG open subscription quota accounted for 20% of the total number of tokens. A total of 5 institutions participated in this round of financing, including CHAIN CAPITAL, DIRECT CAPITAL, PIXMANIA, TRACXN, ACSIS and other well-known crypto investment institutions.The support of well-known investment institutions is a vote of trust for TANG as a leading cryptographic payment solution and the TANG team’s ambitious Web3 goals.

The funding round will help the TANG team consolidate its leading position in the cryptocurrency payment track and improve its core competitiveness.TANG is a web3 platform based on block chain technology, its underlying design covers the anti-censorship technology, encryption communication technology and integrated long-term feasible decentralized governance model, infrastructure is safe and has privacy protection function, TANG will bring global users safe and reliable network infrastructure and build a borderless ecosystem.

TANG is a project with a decentralized governance model, and the community ecology is mainly composed of early believers, core developers, and stakeholders.This round of financing will trigger a new wave, and people will also realize that the combination of decentralized governance model and web3 will bring huge changes to the world.

“Web3 is built on the open source ideal of the early Internet, allowing users to create value, control the network and get off.Now the Internet has central server control and prone to single point of failure, Web3.0 will make the entire system stronger and fairer, and the network will become resilient and participatory.”TANG INVESTMENTS LIMITED’s CEO Jeremy Gardner said,” Technology disruption doesn’t start with web2, and it certainly won’t stop there.So when the investment companies that have funded web2 innovation start to support us, we get very excited!”

TANG ecology has fallen to the ground in the current ecological plate have TangPayments, TANG using block chain technology set up a unique bottom, the unique architecture makes TANG build a new payment experience system, get rid of the limitation of traditional payment, let all countries and regions around the world users can experience more secure, faster and more efficient transactions.

TangPayments

TangPayments contains three innovative modules, the Liquidity Engine, Risk Engine and Lightning Network.The liquidity engine is a network of liquidity providers that provides liquidity to multiple pairs of currencies, including cryptocurrencies and legal tender currencies, which will automatically find the best exchange rate in different cryptocurrencies and legal tender trading pairs; then finds the best price for a specific currency portfolio and specific order depth based on the best exchange rate.Risk engine based on big data analysis, TANG will set up a risk control model to help users avoid common frauds such as fraudulent card transactions, unauthorized access and transactions to these risks.And TANG will discover and prevent new fraud patterns through machine learning, intelligent recognition, etc.The introduction of the Lightning Network can address the payment shortcomings of cryptocurrencies, which uses a network of payment channels driven by smart contracts to send transactions from peer-to-peer to.

The crypto sector is attracting the attention of traditional venture capital institutions, and capital is racing against time to layout the crypto industry, full of possibilities and wealth of wealth.CHAIN CAPITAL, DIRECT CAPITAL, PIXMANIA, TRACXN, and ACSIS are all just part of this capital feast, and more institutions will be involved in the future.TANG has kicked off the Web3 technological revolution, and will you choose to participate in this huge technological revolution? 

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