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Flare Network Stock (FLNE)
Flare is a powerful new layer 1 blockchain built for secure decentralized connectivity with other chains and real world data sources.
Flare is the blockchain for data.
About Flare Network Stock
Founded
2019
Industries
Software, Artificial Intelligence, Data and Analytics
Flare is a powerful new blockchain with the first consensus protocol for external data. Decentralized applications on Flare can therefore trustlessly acquire and use information from other blockchains and real world data sources, solving the oracle problem and opening the door to a new era of utility. > Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity. > Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi. > Full cross-chain composability enables decentralized applications to use the value, liquidity and information of multiple blockchains via a single deployment on Flare. > Seamless decentralized integration with Web2 data powers trustless use of real world data sources in Web3 dapps.
It is a Layer 1 like Ethereum, with added data acquisition functionality. Flare can therefore offer developers decentralized access to high-integrity data from other chains and the internet. This enables the creation of dapps with new use cases and monetization models. It also allows these dapps to serve multiple chains through a single deployment.
Flare is Ethereum Virtual Machine (EVM) based, meaning any applications written in Solidity to run on any other EVM chain can also be used on Flare.
Flare Network Press Mentions
Stay in the know about the latest news on Flare Network
Best Cryptocurrencies to Invest in Right Now November 27 – XRP, Immutable, TRON
insidebitcoins • Nov 27, 2024
Can Treasury-linked stablecoins bring stability to DeFi?
cointelegraph • Nov 20, 2024
Flare Network Burns Over 66M Tokens, FLR Price Attempt to Rebound
coinspeaker • Aug 08, 2024
Flare Network Integrates with Stargate V2 to Enhance Cross-Chain Liquidity
hackernoon • Aug 05, 2024
Hex Trust Launch Stablecoin on Layer-1 Flare Network
coinspeaker • Jun 26, 2024
Flare Network Management
Leadership team at Flare Network
Co-founder & CEO
Hugo Philion
Co-founder & CTO
Sean Rowan
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