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BigchainDB is a scalable blockchain database founded on July 30, 2014 by Bruce Pon, Maria McConaghy, and Trent McConaghy and is headquartered in Berlin, Germany. BigchainDB provdies a platform enabling developers and enterprises to deploy blockchain proof-of-concepts, platforms, and application with scalable blockchain databases. It features native support of multi-assets, customizable, rich permissioning, federation consensus model, open source, linear scaling, and petabytes capacity.
Blazing DB participated in the Class 56 - Boulder 2015 Summer cohort of Techstars and raised an estimated $3,018,000.
On June 30, 2015 BigchainDB completed their seed funding round raising $2 million in funding from Earlybird Venture Capital and Digital Currency Group.
On September 27, 2016 BigchainDB completed their series A funding round raising $3.37 million in funding from Earlybird Venture Capital, RWE AG, Innogy Ventures, Digital Currency Group, and Anthemis Group.
BigchainDB is complementary to decentralized storage, processing and communication building blocks. It can be used side by side with higher-level decentralized computing platforms and applications, and protocols for identity, financial assets, intellectual property and sidechains. BigchainDB fills a gap in the decentralized stack.
BigchainDB can be seamlessly integrated into the traditional stack as a blockchain database for decentralized timestamping, certificates, smart contracts and transactions.
BigchainDB fills a missing gap in the emerging decentralized stack as a blockchain database that complements existing platforms, processing and file systems.
BigchainDB is for developers and organizations looking for a queryable database with blockchain characteristics such as decentralization, immutability and the ability to treat anything stored in the database as an asset. Whether it’s atoms, bits or bytes of value, any real-world blockchain application needs performance. A perfect fit for BigchainDB.
Rather than trying to enhance blockchain technology, BigchainDB starts with a big data distributed database and then adds blockchain characteristics - decentralized control, immutability and the transfer of digital assets.
Decentralization
No single point of control. No single point of failure. Decentralized control via a federation of voting nodes makes for a P2P network.
Immutability
More than just tamper-resistant. Once stored, data can’t be changed or deleted.
Byzantine Fault Tolerant (BFT)
Up to one third of the nodes in the network can be experiencing arbitrary faults and the rest of the network will still come to consensus on the next block.