Reltime operates a Layer 1 Proof of Authority blockchain that enables fast, secure transactions with zero gas fees, facilitating real-time payments, lending, and asset management. The platform provides a customizable Web3 SuperApp and non-custodial wallet solutions, ensuring users maintain full control over their digital assets while enhancing identity verification and traceability.
Funding
$53.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Current blockchain solutions often involve transaction fees (gas fees) and lack the necessary identity verification and traceability features required for secure and compliant financial operations. Existing Web3 applications also struggle to provide a user-friendly experience, hindering widespread adoption.
Solution
Reltime offers a Layer 1 Proof of Authority (PoA) blockchain platform designed for fast, secure transactions with zero gas fees. This platform facilitates real-time payments, lending, and asset management, while also embedding identity directly into the blockchain for enhanced security and traceability. Reltime provides a customizable Web3 SuperApp and non-custodial wallet solutions, empowering users with complete control over their digital assets. The platform's open API architecture and EVM compatibility enable developers to build custom decentralized applications (dApps) and smart contracts, fostering innovation and expanding the Web3 ecosystem.
Target Audience
Reltime targets financial institutions, telecom operators, media companies, healthcare providers, and enterprises seeking to leverage blockchain technology for secure and efficient digital financial services and Web3 applications. Developers looking to build custom dApps and integrate blockchain solutions into their existing systems are also a key audience.
Features
- Layer 1 Proof of Authority (PoA) blockchain for fast and secure transactions
- Zero gas fees for all transactions
- Embedded identity verification and traceability features
- Customizable Web3 SuperApp with modular design
- Non-custodial wallet solutions for user control over digital assets
- Open API architecture with 260+ APIs for developers
- EVM compatibility for building custom dApps and smart contracts
- Support for P2P payments, joint accounts, lending, swapping, and bridging
- FastTrack to Web3 program for rapid Web3 integration
- Reporting dashboard for transaction monitoring and analytics