Cyclothe Selected for Chromia Incubation Program 2023

Cyclothe has been selected as one of the participants in the Chromia Incubation Program 2023.

chromia incubation program 2023 cyclothe

chromia incubation program 2023 cyclothe

Cyclothe has been selected as one of the participants in the Chromia Incubation Program 2023. The program is designed to support entrepreneurs and startups who are interested in building decentralized applications (dApps) on the Chromia platform.

The Chromia Incubation Program 2023 provides selected participants with business and technical mentorship and support to help bring their ideas to life. Chromia is looking for projects that can leverage the unique features of the Chromia blockchain platform to create meaningful and innovative solutions.

“We’re thrilled to be selected for the Chromia Incubation Program 2023,”

said Efe Ezer, Co-Founder and CFO of Cyclothe.

“We are looking forward to harnessing Chromia’s expertise to construct Cyclothe on a blockchain database. This will enable each textile passing through our AI-driven sorting center to be traceable throughout their circular lifespan. In the long term, we anticipate that the entire textile industry will shift towards a blockchain structure, starting with large retail companies with fast adoption capabilities. Along this journey, Cyclothe aims to play a pioneer, regulatory and efficiency-enhancing role in the industry.”

ChromaWay, founded in 2014, has created a new blockchain architecture that blends the benefits of a relational database with decentralized blockchain security. Chromia, the public platform for decentralized applications, leverages this ‘relational blockchain’ technology. ChromaWay has worked on various enterprise projects since 2015, including banking infrastructure, land registration, green finance, and payment processing.

For more information about the Chromia Incubation Program 2023, please visit

https://innovationlab.chromia.com/

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