Description from cryptocompare.com
True Chain, the Singapore based company launched a decentralized commercial infrastructure ecosystem aiming to provide high-speed point-to-point communication, value transfer and build a social infrastructure of smart contracts. The TrueChain platform brings a diverse community to the ecosystem to attract worldwide developers/entrepreneurs. Through the platform, users can manage assets, orders, buy, sell from different industries such as Medical Care, Insurance, Asset Securitisation, Digital Advertising.
TrueChain implemented fPoW+ PBFT hybrid consensus and has a strong global open source developer community supporting it and provides the underlying public blockchain infrastructure with high performance and security for decentralized applications and financial transactions.
It has reportedly received investments from the likes of ZB capital, crypto capital, and UB.VC. TRUE is used as a value of storage and medium of exchange on the platform.