DCS (Decentralised Data Crypto Systems) a leading developer of Zero Knowledge Proof based privacy solutions for the Binance Smart Chain Network (BSC), announced today an investment of US$10 million from the Australian Based Console Ventures, an on-chain, community-friendly, research-driven early-stage venture capital firm focused on the emerging field of blockchain.
“The investment from Console Ventures is a powerful statement on the importance users place on their privacy on any blockchain network” remarked Jaime Terauds, co-founder of DCS and Chairman of the Ilipa Ventures group of companies.
“This is a really compelling endorsement of the efficacy of the DCS protocol and our approach, as Console Ventures have a history of identifying and investing in emerging blockchain projects” Terauds continued “This gives my cofounders and I the confidence and the enthusiasm to continue to push the adoption of DCS and to seek out new platforms and strategic partnerships to secure our position as the most complete privacy solution available.”
DCS plans to use the funds to enhance and expand their privacy solutions across to other chains, Terauds went on to say “We still have a long way to go to build our ecosystem out to reach its full potential, and in the next few weeks we will be kicking off our beta partner program, where we aim to explore an even more diverse array of applications for DCS. We are really excited to see how the DCS developer community adopts our protocol and the innovative ways it will be adapted and continue to evolve in the future”.