The company
5ire – Sustainable Distributed Computing
5ire is a fifth-generation blockchain with a mission to bring a shift from for-profit to a for-benefit economy. 5irechain’s main goal is to create a user-centric sustainability-driven ecosystem. This is achieved by embedding sustainability in the consensus mechanism architecture. 5ire uses Machine Learning to track +700 ESG data sources in real-time to form a Sustainability Score for the Validators of the chain. 5ireChain’s transparent on-chain governance mechanism allows everyone to participate in the network democratically, and propose changes which assures a justified fair representation of all the stakeholders.
Women-led
Aug 2021
UN SDGs
Vilma Mattila, Co-Founder
London, United Kingdom
Invested by
GEM Global Yield LLC SCS (GGY)
Marshland Capital
Alphabit
Moonrock Capital,
Oracles Investment Group
Diamond hands
Sanctum Global Ventures
Launchpool
Magnus Capital
Related news
Blockchain startup 5ire secures $100 million capital commitment from GEM
“5ire, a fifth-generation blockchain network, announced on Tuesday it has secured a $100 million capital commitment from GEM Global Yield LLC SCS (GGY), as it seeks to file for an IPO.”
Blockchain startup 5ire secures $10 million in private sale
5ire wins AIBC’s ‘Social Impact Project of the Year’ award
“5ire has been working on the UN’s Sustainability goals and partnering with nations across three continents as the first step in this direction. By signing MOUs, 5ire has taken the first step in the public-private partnerships in India, Nigeria, and the United States to bring their technological solutions for sustainability, better governance, more just and transparent law enforcement, and more. The award ceremony was held in Dubai on March 20.”
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