PANews May 30 news, according to The Block, the blockchain security protocol Naoris Protocol has completed a $3 million strategic round of financing, led by Mason Labs, with participation from Frekaz Group, Level One Robotics, and Tradecraft Capital. The funds will be used to develop blockchain security infrastructure under quantum computing threats.
According to reports, Naoris Protocol's core products include: a plug-and-play cybersecurity mesh architecture, a Layer 1 blockchain compatible with all EVM chains and using post-quantum cryptography, and a PoS consensus mechanism that meets international security standards such as NIST.
Previously, in July 2022, it was reported that Naoris Protocol completed $11.5 million in financing, led by Tim Draper.
