Secure protocol Phylax _s completed a $4.5 million seed round financing, led by Nascent and Figment Capital

On November 1st, Phylax Systems, a security protocol, completed a $4.5 million seed round financing. The round was led by Nascent and Figment Capital, with other investors including Robot Ventures, Hash3, Bankless Ventures, Breed VC, Public Works, Banteg, Hari Mulackal, Laurence Day, Ryan Lackey, Nic Carter, Nader Dabit, and Eric Wall. Phylax Systems is a secure protocol aimed at addressing encryption security challenges. Phylax Systems will build an active Hacker prevention protocol, The Credible Layer, which allows dApps to define Hacker attack prevention rules and convey them to Block chain builders, specifying the states they want to prevent and taking actions before Hacker attacks occur.