ABO Digital backs IoT blockchain firm Kalima with $10m

A bundle of $100 notes.

Kalima, a delegated proof-of-stake (PoS) blockchain for IoT and data, has pumped $10m into French-based blockchain company, ABO Digital.

Kalima is marketed as a rapidly growing ecosystem that allows enterprises, developers and startups to build the future of Web3 Enterprise and Data Governance applications, particularly with IoT (Internet of Things) data, in order to solve real-world problems.

It is a layer 1 third-generation blockchain, which enables users to...