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February 17, 2023

New York, Feb 17, 2023 - Oort, the data cloud for the next billion Web3 users, has started to deploy global edge nodes for its Decentralized Edge Network (Oort DEN). The Oort DEN provides a faster, more secure, and more scalable solution for Web3 applications by leveraging its decentralized network of edge nodes. With this deployment, Oort is well-positioned to support the growth and adoption of Web3 technologies globally.

As the demand for Web3 applications continues to increase, Oort believes that developers should have access to optimal dApp performance with internet-level scalability. With Oort DEN, developers can leverage an array of important functionalities, including dynamic resource allocation for data storage and transfer. This groundbreaking technology is designed to improve dApps' performance, security, and cost-efficiency.

Oort DEN is a community-powered network that enables individuals to participate in the fast-growing world of distributed storage and computing. By connecting edge node devices to Oort's network, users can contribute to the network and earn rewards. This highly scalable and decentralized approach to building a data cloud powers a wide range of applications and services.

"Oort DEN provides Web3 developers with the infrastructure they need to take their dApps to the next level," said the company's CEO, Dr. Max Li. "By offering a faster, more secure, and scalable solution, Oort is ushering in a new era of data cloud for the next billion Web3 users."

To test and improve the network performance of Oort DEN, Oort launched its third testnet, Ascraeus on the same day. Users can check the real-time edge node activities, transactions and other token metrics of Oort DEN on the Ascraeus blockchain explorer.

For more information about Oort and its Decentralized Edge Network, please visit www.oortech.com/edge.

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