TEN is a developer of a layer-two blockchain network for encrypted Ethereum transactions that facilitates faster and cheaper transactions with smart transparency. The network supports confidential computation for artificial intelligence modeling and private data processing, enabling decentralized applications to perform computations on encrypted data without exposing underlying information. TEN provides tools for building decentralized applications that require privacy-preserving smart contract execution, allowing developers to create applications where transaction logic and data remain confidential while still benefiting from Ethereum's security and decentralization. The platform's encrypted computation capabilities extend to AI model training and inference on private data, opening use cases in healthcare, finance, and other regulated industries where data privacy is paramount. Founded in 2014 and headquartered in Winchester, United Kingdom, TEN has raised $9 million in Series A funding from investors including R3, Republic Crypto, KuCoin, Big Brain Holdings, Magnus Capital, DWF Labs, and Outlier Ventures.
exaBITS
SeedTEN is a developer of a layer-two blockchain network for encrypted Ethereum transactions that facilitates faster and cheaper transactions with smart transparency. The network supports confidential computation for artificial intelligence modeling and private data processing, enabling decentralized applications to perform computations on encrypted data without exposing underlying information. TEN provides tools for…
About
Business model
Cloud Infrastructure > IaaS > Application Specific > High Performance Compute,
High Performance Computing > HPC as a Service > Decentralized > GPU,
AI Infrastructure > Enabling Technologies > Software > Computing Platforms > Decentralised
Team background
College Wise > Harvard University, University of California (Berkeley), Harvard Business School
Institutional investors
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