Teleport Announces Partnership With .bit

Teleport announces its partnership with .bit, the first multi-chain decentralized identity (DID). Expanding and making radical changes to improve its top-of-the-line technical infrastructure further, it is the need of the hour for .bit to adopt a decentralized way forward to benefit all users involved with both blockchain and non-blockchain and for them to take under their charge their own digital identities, and hence, this concept being propagated globally.

Teleport Network is a groundbreaking platform promoting interoperability. Its primary focus is on speeding up dApps and crypto assets and moving them toward a multi-chain era. To achieve this goal and ensure they follow the correct process, the Teleport Network team persistently works on new and fresh methods and ways. Teleport Network is also involved in encouraging cross-chain interaction, the promotion of which is done amongst contrasting blockchains.

To further hype their functionality, they also assist in creating a strong infrastructure linked with the construction of interoperable dApps, increasing the Web3 economy. This will inadvertently give the much-needed opportunity to connect with all dApps, NFT-based projects, and chains.

On the part of Teleport Network, it becomes abundantly clear that all aspects of their plans, intentions, and vision statements are being followed. This merger with .bit says it all.  Now they can deliver the ideal Web3 and multi-chain exposure, speeding up the enhancement and problem-solving chain-agnostic issues of the blockchain arena.

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.

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