Kalima Blockchain, a delegated proof-of-stake (PoS) blockchain for IoT and data, has recently entered into a new agreement with ABO Digital, a private alternative funding investment group based in the Bahamas and Dubai. This significant partnership involves a commitment of US$10 million into the French-based blockchain company. Kalima is a rapidly growing ecosystem that allows enterprises, developers, and startups to build the future of Web3 Enterprise and Data Governance applications, particularly with IoT (Internet of Things) data, in order to solve real-world problems. This funding commitment from ABO Digital marks a significant milestone for Kalima Blockchain, which plans on using the funds to further innovate and refine their IoT solutions.
