Chia Network

Chia Network is a blockchain technology company based in South San Francisco, founded in 2017 by Bram Cohen and Ryan Singer.

The company develops the Chia blockchain, a layer-1 platform that utilizes a unique Proof-of-Space-and-Time (PoST) consensus mechanism. This approach offers an eco-friendly alternative to traditional Proof-of-Work networks, significantly reducing the carbon footprint associated with transaction verification. Chia Network's primary product is the open-source Chia blockchain, which issues the digital currency Chia (XCH). The company also provides a custom programming language called Chialisp for smart transactions, along with software solutions for asset tokenization, smart contracts, and financial infrastructure services. Targeting enterprises and institutional financial players, Chia Network supports various industries, including luxury goods and supply chain management, by offering regulatory-compliant blockchain solutions.