Smilo Secures $10K Seed Round to Revolutionize Decentralized Data Control with Hybrid Blockchain Technology

We are excited to announce that Smilo, the pioneering blockchain platform designed for hybrid transactions, smart contracts, and decentralized applications, has successfully raised $10,000 in funding. This milestone fuels Smilo’s mission to revolutionize how decentralized applications are built and managed. By merging both public and private blockchain functionalities, Smilo empowers users with unprecedented control over their personal data. With this funding injection, the Smilo Foundation is set to accelerate the development of an innovative application that ensures users retain ownership of their information. As a unique federated platform, Smilo allows individuals to create, verify, and share their personal data with various agents, companies, or services, all based on a secure and advanced blockchain infrastructure. This uplift in financial backing is a testament to the growing confidence in Smilo’s hybrid approach—one that challenges traditional centralized data storage protocols and opens new opportunities for user-controlled data management. The funds will be strategically allocated to further improve the user interface and deepen the platform's cryptographic security measures, ensuring that privacy and control remain at the forefront of digital interactions. In an era where data breaches and privacy concerns consistently make headlines, Smilo stands out as a beacon of trust and innovation, offering a robust alternative to conventional data sharing models. With continual development and support, Smilo is poised to transform how decentralized applications are perceived, bridging the gap between user autonomy and intricate blockchain technology.