5ire

5ire, a 5th-generation blockchain network founded by two entrepreneurs of Indian origin, Pratik Gauri and Prateek Dwivedi, along with blockchain enthusiast and entrepreneur Vilma Mattila, announced that it had raised $100 million in Series A funding from UK-based conglomerate SRAM &amp; MRAM. This investment makes 5ire the fastest-growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, currently valued at $1.5 billion.Founded in August 2021, 5ire is a blockchain ecosystem that focuses on the widespread adoption of blockchain technology by integrating sustainability technology and innovation to build the 5th industrial revolution (5IR).The main objective of 5ire is to increase the adoption of blockchain by embedding a for-benefit paradigm at the heart of the blockchain, highly incentivizing practices that align with the United Nations Sustainable Development Goals (SDGs), facilitating the transition from 4IR to 5IR, and accelerating the implementation of the UN 2030 Agenda for Sustainable Development.The company’s primary offering is 5ireChain, a first-layer, sustainability-driven 5th-generation blockchain that ensures adherence to the philosophy of 5IR, creating a net positive impact on the planet and serving humanity. The 5ireChain protocol gives significant value to non-monetary factors such as environmental, social, and governance scores.SRAM &amp; MRAM Group, headed by Dr. Sailesh Lachu Hiranandani, is one of the leading international conglomerates with eight global alliances and ten companies spread across 35&#43; locations. SRAM &amp; MRAM Group’s agenda is to serve the world in partnership with farmers, manufacturers, retailers, and customers in processing plants, ports, and packaging facilities, on the trading floor and the move — within an economy and across the globe.The core strengths of SRAM &amp; MRAM Group’s core strengths are agro-products and Information technology, with footprints spread across various services, verticals, and operations, viz., Neural Networks, Artificial Intelligence, Hedge Fund Management, FOREX Management, Hospitality Services &amp; Solutions, Information Technology, Media &amp; Publishing, Embedded Systems, and Infrastructure.The funds raised by 5ire will be used for business expansion and extending the company’s footprint across three continents, including Asia, North America, and Europe, with India as the operations hub. 5ire will continue to invest in strengthening its blockchain further and work towards ensuring this decentralized technology benefits a more extensive base globally.By investing in 5ire, SRAM MRAM group will solidify its foothold in the emerging markets for sustainable level 1 blockchains with a highly diversified portfolio of use cases and a growing cache of MoUs with government and private sector partners.The investment by SRAM MRAM in 5ire’s ecosystem can play an essential role in promoting fair, sustainable, and for-benefit decentralized platforms. It can also positively influence how governments and institutions can use the blockchain ecosystem for the benefit of people across the world. With sustainability as its fundamental ethos, this partnership can help 5ire stay on track with its United Nations Sustainability Development Goals (UN SDGs).More information about 5ireChain can be found by clicking on the following links:Website: <a href="https://5ire.org/" rel="noopener noreferrer nofollow">https://5ire.org</a>White paper: <a href="https://bit.ly/3OhWn4H" rel="noopener noreferrer nofollow">https://bit.ly/3OhWn4H</a>LinkedIn: <a href="https://www.linkedin.com/company/5ireChain" rel="noopener noreferrer nofollow">https://www.linkedin.com/company/5ireChain</a>Twitter: <a href="https://twitter.com/5irechain" rel="noopener noreferrer nofollow">https://twitter.com/5irechain</a>Discord: <a href="https://discord.gg/5ire" rel="noopener noreferrer nofollow">https://discord.gg/5ire</a>Telegram: <a href="https://t.me/OfficialFireChain" rel="noopener noreferrer nofollow">https://t.me/OfficialFireChain</a>

5ire turns Unicorn 🦄,

5ireChain

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