NC Company Overview
DFINITY is a technology company that focuses on cloud computing, aiming to offer a revolutionary public cloud resource that is based on similar blockchain technology to that used by cryptocurrency Ethereum. Much of the work done by DFINITY is in the research and development sphere, and the company supports developers who want to work and host their software and services using its technology. DFINITY has a full developer portal available through its website and offers community resources to people who are interested in using the DFINITY ‘internet computer’ in their own developments. DFINITY also has an official blog on Medium where they produce content about cloud and blockchain technologies.
DFINITY claims to be able to offer faster transaction processing than other blockchain systems, with its transactions taking on average under five seconds, compared to Ethereum’s 10 minutes and Bitcoin’s one hour.
DFINITY, based in Zug, Switzerland – regarded as the ‘crypto valley’ due to its having the world’s largest concentration of blockchain technology companies in the world - has a global presence and also has office locations in Palo Alto, California, and in Germany. DFINITY is a non-profit organization but raised $195 million during two rounds of funding in 2018 from investors like Andreesen Horowitz and Polychain Capital.