Circular is quietly building a unicorn blockchain, made for business
Boston, MS – 20/08/2024 – (SeaPRwire) – Lugano (CH), August 20th, 2024. After two years of hard work and countless nights spent in his basement, building an entire new blockchain from scratch, Dr. Gianluca De Novi, CEO and Co-founder at Circular, a new and revolutionary layer-one blockchain, is happy to announce that a whole team of blockchain and Web3 experts has been created around his initial dream, between the US and Switzerland; that the company completed its pre-seed fundraising round and is officially launching a $15 Mil seed; and, that its token (CIRX) started its listing campaign back in May, and it’s delivering its plan to join the top sixty crypto-exchanges globally, by the end of the year.
And he is not done yet. “We have major partnerships’ announcements coming, with tier-one names lining up to leverage our infrastructure for their daily business, from world-known consultancies to large corporations, plus private equity ecosystems, active in both AI and blockchain. The scope of our operations is global, covering Europe, US and the Middle East for now,” De Novi says.
Circular has been designed as a fourth-generation chain, able to serve at best any business, while prioritizing decentralization and being extremely generous and inclusive towards developers and nodes’ approvers, all of that with the lowest energy intensity, for a tech of that size, and maximum scalability.
How can that be true? Traditional blockchain ecosystems taught us one thing: it’s impossible to face all three of scalability, security and decentralization. Circular seems to have found new technical solutions, which will please especially ‘big’ business. That world needs, indeed, a tech stack that is reliable, secure and scalable, while being fully transparent and decentralized, which is an apparent oxymoron. Privacy is fundamental, and so is performance and throughput, if blockchains want to penetrate blue-chip corporations, and be of interest for strategic industries like finance and healthcare. We need the benefits of a public registry, with costs, consumption and privacy compatible with current business models. “We can’t burn the house,” any CEO would think, while looking at a new tech.
To provide a tech infrastructure that is of any use for the healthcare industry, as an example, both public and private blockchain features must be merged, due to privacy and data retention concerns. Plus, the infrastructure needs to comply with various regulations, like GDPR and HIPAA, and it should be adaptable for other industries as well, like DeFi and GameFi. This is exactly why Circular’s pre-seed investors are from the healthcare industry, as they found Circular’s tech as the perfect fit for their needs.
“Circular is designed to meet healthcare regulatory requirements and is easily adaptable for other industries, too. It emphasizes decentralization and community involvement, with a cryptocurrency element, which facilitates transactions and governance. We want to build a collective future, which needs to be friendly to business, while rewarding our communities. Circular is truly a novel paradigm, focused on sustainable mining, benefiting validators, and creating a reputation-based system to enhance security and decentralization. The team is committed to continuous development and to creating a robust and inclusive ecosystem,” De Novi confirms, thus highlighting how his secret sauce allows both B2B and B2C needs to meet, without having to compromise on the requirements of each.
There are a lot of features to discover, under the hood, and that product-first approach makes Circular the go-to solution for any business: from a multi-chain set-up to new smart contracts architecture, to an equitable approval scheme, which creates incentives for miners to stick around and build a reputation, up to the interoperability with other chains and the integration of AI into the equation, for the most complex transactions, guaranteeing that both the process and the output are recorded on chain, which is essential for industries like banking, insurance and health-care.
The supply of CIRX is fixed, exactly like Bitcoin, which will make Circular, by the end of year, easily a unicorn, if not a decacorn. But that’s not the goal. “The first use cases in the med-tech arena will start late summer and the big partnerships are expected to kick-in after that. The plan for Circular is a quiet, long game, meant to build a community of lovers, and serve our partners and enterprises at best, in the short and long term. The train has left the station. I am ready for the journey towards a new, secure, efficient and ‘circular’ world. The world’s computation issues and needs will require many chains, for sure, and we want to be among the best,” De Novi concludes.
To know more: https://circularlabs.io
Circular is a 4th Generation layer-one blockchain designed to address the typical limitation of the previous generations L1s, and to support healthcare, DeFi and GameFi applications. They have offices in Boston and Lugano. Dr. Gianluca De Novi, CEO and Co-founder, is an expert in high-performance computing with a strong background in 3D real-time graphics, physics simulation, robotics, and blockchain technology. He holds a Master’s in Electronics and Computer Science and a PhD in robotics from the University of Bologna. Currently, he directs the Medical Device and Simulation Lab at Massachusetts General Hospital and has been a faculty member at Harvard Medical School and Harvard Extension School since 2011. His work includes US Department of Defense funded research in the Med-Tech industry.
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