Industry |
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Founded | 2018 |
Founder | Ian Kane |
Headquarters | North Carolina, US |
Website | ternio |
Ternio is a United States-based startup founded by Ian Kane in the year 2018. Ternio is a blockchain-based scalable firm which provides transparency solutions for enterprise companies with high speed and high volume B2B blockchain transactions to its customers. The blockchain payments via cryptocurrency can be used with Ternio’s debit card that allows for interaction on the VISA card network
Ternio’s utility tokens are used by companies or consumers to verify payments and protect from fraud and instant pay publishers. Ternio partnered with LMX(The London Media Exchange) to provide verification and transparency into Media costs. Ternio helps to prevent fraud, brings transparency up and down the supply chain and allows for instant payments to partners . Ternio blockchain solution is designed in such a way that it provides everyone with the supply chain to make and receive payments immediately. Ternio market holds tokens (TERN) to value and the transparency of ledgers to hold both the accountable to guarantee them about their payment. Ternio’s technology uses cryptographic keys to verify publishers ad inventory. The key uses 26-bit encryption, where websites use it for secure purchase processing.[1] Payments facilitated on blockchain can be used by companies or consumers with Ternio’s VISA debit card product.[2]
Ternio started raising $10M in Series A round funding on Sep 19, 2018.[3]
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