Reltime

About Reltime

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.

```xml <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. </problem> <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. </solution> <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 </features> <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. </target_audience> <revenue_model> Reltime generates revenue through licensing fees for its Web3 SuperApp, API access, and customized blockchain solutions. </revenue_model> ```

What does Reltime do?

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.

Where is Reltime located?

Reltime is based in Oslo, Norway.

When was Reltime founded?

Reltime was founded in 2018.

How much funding has Reltime raised?

Reltime has raised 53200000.

Location
Oslo, Norway
Founded
2018
Funding
53200000
Employees
17 employees
Major Investors
GEM Digital

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Reltime

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Executive Summary

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.

reltime.com3K+
cb
Crunchbase
Founded 2018Oslo, Norway

Funding

$

Estimated Funding

$50M+

Major Investors

GEM Digital

Team (15+)

No team information available.

Company Description

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.

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

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.

Revenue Model

Reltime generates revenue through licensing fees for its Web3 SuperApp, API access, and customized blockchain solutions.

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