Last week blockchain firm Zamna raised $5 million in a seed round led by LocalGlobe, Oxford Capital and including Seedcamp, the London Co-Investment Fund (LCIF), Telefonica, and several angel investors as reported by
TechCrunch.
Formerly known as VChain Technology, Zamna’s platform was developed for the aviation industry to help securely verify the identity of a passenger. But the startup also has eyes on secure government applications.
The company is already working with Emirates Airlines and the UAE government to identify transit passengers in Dubai. Additionally, IAG is working with Zamna on a digital transformation project with its subsidiary British Airways.
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