Tech (Pool)

Many businesses today see the immense potential of Web3 and blockchain technology but are often hindered by the significant hurdles to entry. The complexity of blockchain development, high transaction costs, and a daunting user onboarding process can prevent companies from leveraging these powerful new technologies. Customers, in turn, are often faced with confusing interfaces, gas fees, and the need to manage multiple wallets, creating a frustrating and fragmented experience. These challenges can stifle innovation and prevent businesses from building the next generation of decentralized applications and services that could offer enhanced security, transparency, and user-centric value.

Aurora Labs was founded to solve these very problems. We provide the critical infrastructure that empowers developers and businesses to build on the blockchain with ease and confidence. Our core product, Aurora, is an Ethereum Virtual Machine (EVM) built on the NEAR Protocol, offering a turn-key solution for developers to operate their applications on an Ethereum-compatible, high-throughput, and scalable platform. This means developers can use the familiar and robust tools of the Ethereum ecosystem while benefiting from the speed and low costs of NEAR. For our customers' users, this translates to a seamless experience with near-instantaneous transactions and negligible fees. We are dedicated to abstracting away the complexities of the blockchain, allowing our clients to focus on creating value for their users. Through solutions like Aurora Cloud and the trustless Rainbow Bridge, we are making the multichain future a reality, enabling the frictionless transfer of assets and data across ecosystems. Our mission is to tear down the barriers to Web3 adoption, creating an environment where businesses can innovate without limits and users can engage with decentralized services effortlessly.