AminoChain raises $5M in a Seed funding round led by a16z Crypto

#AminoChain secures $5M in a Seed funding round led by #a16zCrypto . Fresh funding will support AminoChain’s development of a decentralized biobank and #Layer2 network. The project seeks to enhance ownership, transparency, and consent in medical data collection by leveraging blockchain technology, enabling enterprise medical institutions to share data while preserving patient privacy securely.

AminoChain is a technology that connects enterprise medical institutions, providing the basis for developers to build user-owned decentralized healthcare applications. Previously, AminoChain raised $2M in a Pre-Seed funding round.

👉 theblock.co/post/318158/a16z-makes-first-desci-investment-in-decentralized-biobank-platform-aminochain

🚀📰 a16z Crypto reveals its 2024 cryptocurrency industry trends:
1. New era of decentralization 🌐
2. Resetting future UX 🔄
3. Emerging modular tech stack 🧩
4. AI + blockchain synergy 🤖🔗
5. Play and Earn (P&E) in gaming 🎮💰
6. Integrating AI with crypto in gaming 🤝
7. Enhanced hardware verification 🖥️
8. NFTs as digital brand assets 💻🖼️
9. Mainstreaming Snark (zero-knowledge proof) tech 🤐🚀 #CryptoTrends2024 #a16zCrypto

🚀 a16z Crypto's innovation: Introducing Lasso and Jolt, a new SNARK-based tool! 🛠️ Enhancing ZK rollup development by crafting efficient SNARKs. ⚡ Fueling the evolution of layer 2 scaling solutions. Exciting times for crypto tech! #a16zCrypto #InnovativeTools #BitcoinWorld