Categories
Content Creation

Simple Proof Raises Pre-Seed Round to Protect Digital Truth Using Bitcoin Technology | PR Newswire [Video]

, /PRNewswire/ — Simple Proof, a pioneer in Bitcoin-based data integrity solutions, announced today its pre-seed funding round led by ego death capital and Wolf. The investment will accelerate the development of Simple Proof’s Immutable Proof service, which leverages Bitcoin‘s Timechain and the OpenTimestamps protocol to create permanent, tamper-proof records of digital files.

In an era where AI-generated content threatens information authenticity, Simple Proof’s platform enables organizations to definitively prove when digital records were created and verify they haven’t been altered. Most notably, their experience demonstrates that even nation-state level deployments for national public records can be done as quickly as a few days thanks to their easy integrations. The technology creates an immutable timestamp of files by recording their unique digital fingerprint in the Bitcoin Timechain – the world’s most secure and decentralized digital ledger.

Jeff Booth, general partner at ego death capital, shared his enthusiasm about the investment: “We are incredibly excited to be investors …

Watch/Read More