Company profile
Pharos Network
Pharos is the inclusive financial layer 1 for RealFi, where real value and institutional grade assets are accessible to
- Industry
- Blockchain Services
- Employees
- 16
- Headquarters
- Road Town, Tortola
- Founded
- 2024
- LinkedIn followers
- 1,227
- Office locations
- 1
Pharos Network company summary
Pharos Network is a company in the Blockchain Services industry, headquartered in Road Town, Tortola, founded in 2024. On LinkedIn the company has around 16 employees and 1,227 followers.
What technology does Pharos Network use?
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About Pharos Network
Pharos Network is revolutionizing the blockchain landscape by introducing a high-performance, EVM-compatible Layer-1 solution designed to address the scalability challenges faced by decentralized applications. While the Ethereum Virtual Machine (EVM) remains the dominant standard in Web3, with a significant portion of DeFi capital locked in EVM-based applications, existing EVM-compatible blockchains struggle with low throughput. Pharos Network tackles this issue head-on with its innovative full-stack parallel blockchain architecture. At the core of Pharos Network is the Pharos VM (also known as Dora), a cutting-edge virtual machine that brings exceptional performance, stability, and interoperability to the blockchain space. By implementing deep optimizations across all levels of the stack - from the database layer to the virtual machine and consensus layers - Pharos achieves remarkable transaction processing capabilities. The network introduces advanced features such as parallel execution, superscalar pipelining, and a unified Intermediate Representation (IR) that harmonizes EVM and WebAssembly (WASM) specifications. The platform is optimized for various use cases, including fully on-chain CLOB DEX, real-time payments, institution-level Real World Assets (RWA), and scalable Decentralized Physical Infrastructure Networks (DePIN). By leveraging geographical decentralization and supporting heterogeneous software and hardware, Pharos Network aims to spark on-chain innovations and drive mass adoption of blockchain technology. Pharos Network secured $8 million in seed funding to accelerate the development of its ultra-fast, full-stack parallel Layer-1 blockchain. This investment, led by prominent venture capital firms, underscores the potential of Pharos Network to reshape the blockchain landscape and provide developers with the tools needed to create interoperable, high-performance decentralized applications.
Where is Pharos Network located?
Pharos Network lists 1 location.
Compare companies similar to Pharos Network
More companies in Blockchain Services.
| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
Pharos Network pharosnetwork.xyz | Blockchain Services | 16 | 2024 | Road Town, Tortola |
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 MPloyChek mploychek.com | Blockchain Services | 12 | 2023 | Chennai, Tamil Nadu |
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Frequently asked questions about Pharos Network
What does Pharos Network do?
Pharos Network is revolutionizing the blockchain landscape by introducing a high-performance, EVM-compatible Layer-1 solution designed to address the scalability challenges faced by decentralized applications. While the Ethereum Virtual Machine (EVM) remains the dominant standard in Web3, with a significant portion of DeFi capital locked in EVM-based applications, existing EVM-compatible blockchains struggle with low throughput. Pharos Network tackles this issue head-on with its innovative full-stack parallel blockchain architecture. At the core of Pharos Network is the Pharos VM (also known as Dora), a cutting-edge virtual machine that brings exceptional performance, stability, and interoperability to the blockchain space. By implementing deep optimizations across all levels of the stack - from the database layer to the virtual machine and consensus layers - Pharos achieves remarkable transaction processing capabilities. The network introduces advanced features such as parallel execution, superscalar pipelining, and a unified Intermediate Representation (IR) that harmonizes EVM and WebAssembly (WASM) specifications. The platform is optimized for various use cases, including fully on-chain CLOB DEX, real-time payments, institution-level Real World Assets (RWA), and scalable Decentralized Physical Infrastructure Networks (DePIN). By leveraging geographical decentralization and supporting heterogeneous software and hardware, Pharos Network aims to spark on-chain innovations and drive mass adoption of blockchain technology. Pharos Network secured $8 million in seed funding to accelerate the development of its ultra-fast, full-stack parallel Layer-1 blockchain. This investment, led by prominent venture capital firms, underscores the potential of Pharos Network to reshape the blockchain landscape and provide developers with the tools needed to create interoperable, high-performance decentralized applications.
How many employees does Pharos Network have?
Pharos Network has around 16 employees on LinkedIn.
Where is Pharos Network headquartered?
Pharos Network is headquartered in Road Town, Tortola.
When was Pharos Network founded?
Pharos Network was founded in 2024.
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