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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

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Flare Network Management

Leadership team at Flare Network

Co-founder & CEO

Hugo Philion

Co-founder & CTO

Sean Rowan

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