Balcony Technology Group, a Hoboken, NJ-based blockchain infrastructure company, recently secured Pre-Seed funding from Blizzard Fund. The exact amount of the investment was not disclosed, but it will be used to support the company’s expansion and development efforts.
The company is focused on modernizing the real estate industry by collaborating with governments and utilizing blockchain technology to facilitate secure and transparent transactions. Balcony’s solutions aim to streamline processes, enhance the security of government records, promote transparency, and bring the sector into the digital era. One of its key innovations is a purpose-built real world asset (RWA) blockchain platform tailored to meet the unique requirements of governments and institutions. This platform offers a secure and efficient environment for on-chain transactions and asset settlement, combining the transparency of public blockchains with the security of private networks through a federated network structure.
With a strategic approach to technological advancement, Balcony Technology Group is poised to make a significant impact on the real estate and blockchain industries by providing innovative solutions that address key challenges in these sectors.
