Dharma Labs, a product of Dharma Lever which was built on the Dharma protocol for decentralized lending businesses, has raised $7 million to build out the product in a round led by Green Visor Capital, a fintech-focused venture capital firm, Coinbase Ventures, Polychain Capital, and Passport Capital. The company plans to use the investment to expand its engineering and growth teams.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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