Magic Raises A $27M Series A To Become The Passport Of The Internet - News Summed Up

Magic Raises A $27M Series A To Become The Passport Of The Internet


The present-day Internet is monopolized by a few Big Tech companies that we’ve come to rely on daily as we browse online. The reality is, big tech companies reap the benefits from this spectacular growth. Li: Instead of usernames and passwords, Magic uses public and private keys to authenticate users. What added functionality and benefit will tech companies’ infrastructure gain with the adoption of Magic? What has motivated this reframing of your company’s vision, and how does it center individual users first before massive tech companies?


Source: Forbes July 22, 2021 14:03 UTC



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