Blockchain platform, based in Bengaluru, Arcana has announced that it has raised $375K from Coinbase’s Balaji Srinivasan and other angels.
Mayur Relekar, CEO of Arcana, said, “Data privacy and security will be first-class citizens in every app’s stack. Privacy and ownership of data will be a necessity for every product and developers need easy-to-use tools to fulfil this. Arcana is built to be privacy-first and developer-friendly.”
Sandeep Nailwal, the Co-founder of Polygon, added, “Arcana’s biggest differentiation is that it is a whole suite of privacy and data management tools that are super easy to set up. Developers can look to delegate their app’s storage and access control to Arcana and focus on their core value proposition.”
Aravindh Kumar, Co-founder continued, “Large parts of the internet will be decentralised and every user will carry their own keys and identity while interacting with apps. With our implementation of the decentralised identifiers (DIDs) specification, we make it easy, whether it is to login, share data, protect private information, or even trade/exchange data between apps and organisations.”
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