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Decentralized Platform Uplink Raises $10 Million In Funding

11/04/2024 20:13

According to Foresight News, Uplink, a platform that provides decentralized network connections, has successfully raised $10 million in funding. The funding round was led by Framework Ventures. Uplink aims to create a better distributed and user-operated infrastructure, reducing reliance on traditional centralized telecom providers. Established in 2016, Uplink has collaborated with Ericsson, Deutsche Telekom, and E.ON. The platform's goal is to decentralize network connections, which could potentially disrupt the traditional telecom industry. This recent funding indicates growing investor interest in decentralized solutions and could pave the way for further innovation in the sector.

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