Blockchain

Ankr to Hold KardiaChain DEX on its Proprietary Infrastructure

Finmax

Web3 focused decentralized infrastructure network Ankr announced on Thursday that it has partnered with hybrid blockchain infrastructure solutions platform KardiaChain. In the official tweet, Ankr mentioned that it will hold the KardiaChain DEX on its proprietary infrastructure, and will allow KardiaChain to focus on onboarding institutional clients.

In the official post on Medium, Ankr stated that it was chosen because of its features like truly decentralized infrastructure and cost effectiveness, which warrants that the KardiaChain DEX functions without any single point breakdowns or single failures.

KardiaChain provides enterprise-grade hybrid blockchain solutions, with a primary focus on cross-chain interoperability. It aims to function as a connecting bridge between conventional financed and decentralized finance. KardiaChain developed the DEX particularly to showcase the prowess of their dual node technology that offers non-invasive interoperability, which allows users to connect with any blockchain network regardless of their base protocol.

The KardiaChain mainnet is expected to go live by the end of this year, and reach millions of users across the globe. It is currently known to offer decentralized solutions to the government of Vietnam and other countries in Southeast Asia.

Ankr is focused on building a distributed computing sharing economy. It aims to create infrastructure for the next-gen internet, the Web3, and therefore, it offers one-click node deployment to its users, allowing them to build truly decentralized blockchain solutions.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

Related Articles

Back to top button