Trust Machines
About Trust Machines
Trust Machines is developing a suite of Bitcoin applications that utilize layer-agnostic technologies such as Stacks and Lightning to enhance transaction scalability and functionality. By unlocking the potential of Bitcoin layers, the company aims to mobilize over $400 billion in idle Bitcoin capital, creating a decentralized economy that supports a wide range of financial and business applications.
```xml <problem> Bitcoin's base layer, while secure, offers limited functionality and scalability, leaving a vast amount of Bitcoin capital underutilized. This restricts the development of decentralized applications (dApps) and prevents Bitcoin from becoming a foundational settlement layer for a wider range of use cases. </problem> <solution> Trust Machines is developing a suite of Bitcoin applications and infrastructure solutions that leverage layer-2 technologies like Stacks, Lightning, and Discreet Log Contracts (DLCs) to unlock the potential of the Bitcoin network. By utilizing these layers, Trust Machines aims to scale Bitcoin transactions, add new functionalities such as privacy and smart contracts, and mobilize currently idle Bitcoin capital. The company is building end-user products like a Bitcoin web wallet and BTC lending apps, while also contributing to trust-minimized infrastructure for bringing BTC to Bitcoin layers. This enables Bitcoin to serve as a secure settlement foundation for a future web, fostering a decentralized economy with a wide range of financial and business applications. </solution> <features> - Layer-agnostic approach, currently utilizing Stacks, Lightning, and DLCs - Development of a Bitcoin web wallet for user-friendly BTC management - Building BTC lending applications to unlock capital and generate yield - Contributing to trust-minimized infrastructure for bridging BTC to layer-2 solutions - Enabling advanced scripting capabilities for utilizing BTC capital on Bitcoin L1 - Focus on scaling Bitcoin transactions and adding new functionalities like privacy </features> <target_audience> The primary target audience includes Bitcoin holders, developers interested in building on Bitcoin, and users seeking decentralized financial applications within the Bitcoin ecosystem. </target_audience> ```
What does Trust Machines do?
Trust Machines is developing a suite of Bitcoin applications that utilize layer-agnostic technologies such as Stacks and Lightning to enhance transaction scalability and functionality. By unlocking the potential of Bitcoin layers, the company aims to mobilize over $400 billion in idle Bitcoin capital, creating a decentralized economy that supports a wide range of financial and business applications.
Where is Trust Machines located?
Trust Machines is based in United States.
When was Trust Machines founded?
Trust Machines was founded in 2023.
How much funding has Trust Machines raised?
Trust Machines has raised 150000000.
Who founded Trust Machines?
Trust Machines was founded by Muneeb Ali.
- Muneeb Ali - Founder
- Location
- United States
- Founded
- 2023
- Funding
- 150000000
- Employees
- 39 employees
- Major Investors
- Hivemind Capital Partners, Breyer Capital