Inery, a decentralized data management system, has entered into a partnership with Truth Ventures, marking a significant investment aimed at enhancing the adoption of decentralized databases. This collaboration brings together two innovative companies committed to revolutionizing data management for both Web2 and Web3 environments.

Inery differentiates itself by offering unique features that promote security, scalability, and high throughput for diverse applications across multiple sectors, including healthcare, gaming, real estate, and government operations.

Dr. Naveen Singh, Co-founder and CEO of Inery, emphasized the shared vision between Inery and Truth Ventures, stating, “Inery’s real-world utility is what got us on the same page with Truth Ventures.” He believes this partnership will play a crucial role in achieving mass adoption of decentralized databases.

Inery has already garnered attention within the blockchain industry for its innovative layer-1 blockchain solution, which includes a robust database solution. Following the launch of its public testnet on August 10, 2022, Inery is set to officially launch and list by the end of Q3 2022.

Varun Datta, Founder and CEO of Truth Ventures, echoed the excitement, highlighting their mutual goal of making decentralized database management a mainstream practice.