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[New Fundraising] Orochi Network Raises $8 Million in Funding; Bolts Capital and Others Participate

Orochi Network is a decentralized verifiable data infrastructure, with its core product being zkDatabase, a zero-knowledge proof database designed for Web3. What it does: it provides verifiable off-chain data storage and computation for on-chain applications, ensuring data integrity, availability, and privacy; it supports scenarios such as RWA, stablecoins, and on-chain credit, enabling smart contracts to verify off-chain data without trusting third parties. How to use: developers store and query data through the zkDatabase API, the system automatically generates zero-knowledge proofs, and on-chain contracts verify the proofs before using the data. Technical mechanism: it utilizes Merkle trees and zero-knowledge proofs (e.g., Groth16) for data commitment and validity proofs, and ensures network consistency through Orochi Consensus (asynchronous BFT) and Gossip DAG.

Source: https://orochi.network/blog/orochi-network-secures-additional-8-m-bringing-total-funding-to-20-m-to-power-verifiable-data-infrastructure-for-rwa