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SettleMint lands €16M to beef up its web3 low-code platform and enter Japan


Blockchain has quickly evolved beyond its financial origins and crypto pump-and-dump frenzy. From agricultural companies to auto manufacturers, established sectors have come to embrace the decentralized technology. But as with other nascent fields, web3 has a shortage of skilled programmers that is hindering the creative growth of the industry. That’s a gap that SettleMint is trying to close with its low-code platform for blockchain engineers.
“Less than 1% of developers in Europe have any experience in web3,” observes SettleMint’s co-founder and CEO Matthew Van Niekerk. People learning Solidity from scratch could take anywhere from three to 18 months to hone their skills in the Ethereum programming language, he tells TechCrunch in an interview.
The …

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