The ‘Start Up’ VOTTUN opens round to boost its blokchain business
Originally Reported by Expansion, a major financial journal in Spain
Translated from online news site Kippel01
Vottun, a blockchain traceability startup, focuses on the business of smart contracts and on ensuring the traceability of the various processes of its clients. The company started to market its product last July.
The blockchain is creating more value as a business model for different companies. The start up Vottun.com launched from Barcelona a platform for companies to record all kinds of data through this technology. In order to finance its growth and scale the project in Europe and North America, the company has opened a round to attract one million dollars .
Vottun uses smart contracts to ensure total traceability of its clients’ processes, eliminate fraud, simplify its operations, avoid intermediaries, improve security, save costs and increase transparency. The start up has offices in Barcelona and Los Angeles , and employs twelve people.