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Solana-based network Clockwork has raised $4 million in seed funding to grow its team that’s building a framework to decentralize autonomous tasks on a Solana validator, a component of the computing power behind the ecosystem.
Clockwork, aims to solve the automation dilemma, in which developers must choose between using decentralized apps (dapps), or apps that are automated. Company removes the need for a centralized cloud provider such as Amazon Web Services (AWS) or Google Cloud to provide automated products for blockchains, such as decentralized autonomous organization (DAO) tooling or payments processing.