According to Foresight News, BlokID, a blockchain-driven privacy protection solution, has completed a $1.25 million seed funding round led by Ascend Vietnam Ventures and AppWorks. The funds will be used to accelerate product development, user growth, and initiate market expansion, with a planned launch in the second quarter of 2024. BlokID was established in July 2023 and focuses on providing tailored blockchain timestamp-driven security services for the digital advertising industry, helping brands and institutions use advanced technology to verify and validate their assets.