Elrond and Bluzelle The partnership ensures that Elrond's decentralized apps operate on Bluzelle's robust scalability data layer, a key step toward boosting usability within Web 3.0.
Decentralized file storage Web 3.0 is shaping up to be pivotal, with new protocols demanding flexible data solutions beyond traditional methods. It's part of a broader tech surge alongside AI and ML, potentially heralding a new industrial age.
Elrond's apps set to leverage Bluzelle's cutting-edge infrastructure.
Bluzelle announced This collaboration was highlighted in a recent press release on the company's Medium blog, emphasizing the access dApps on Elrond's mainnet will have to Bluzelle's decentralized database.
Developers from both Bluzelle and Elrond are creating vital links between their networks, allowing Elrond apps to tap into a scalable data network. This collaboration could propel Elrond's transaction speeds beyond 10,000 TPS.
Beyond improving scalability, the partnership offers cost efficiencies for protocols operating on Elrond. Bluzelle's fault-tolerant architecture enhances security for Elrond's decentralized applications.
Bluzelle's CEO, Pavel Bains, shared his thoughts on the alliance, emphasizing the benefits of integrating with Elrond’s rapid network for building scalable, decentralized applications.
For Elrond's CEO, Beniamin Mincu, decentralized database infrastructure is crucial for success, especially as crypto aims for retail adoption necessitating swift processing capabilities.
As Bluzelle already develops Web3 solutions, Elrond’s focus will likely involve integrating these to unlock new possibilities for their apps. blockchain-based payment networks Elrond strives for broader ERD token use through its Bluzelle partnership, a part of 2020 efforts to enhance ERD's market presence, particularly in payment processing.
Collaborations with crypto-supportive travel agencies TravelbiBit and Travala allow customers to book flights and hotels using ERD tokens.
Elrond's travel agency partnerships, among other strategies, aim to boost crypto's role in hospitality payments during the challenging pandemic era.
Elrond holds the 44th spot by market cap on CoinMarketCap, experiencing a remarkable price increase of nearly 2,000% this year.
Back in mid-June Elrond partnered Osato, a Bitcoin enthusiast, frequently shares insights on Bitcoin's latest developments. When not engaged with crypto, he indulges in scrabble or philosophical musings. Reach out at [email protected].
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