Centrifuge Announced Altair, Centrifuge’s Kusama Parachain

Published on: 28.06.2021

Altair is built using Substrate, and will have nearly the same codebase as Centrifuge Chain (just like Kusama is to Polkadot!). It is an experimental network for users who want to test the bounds of asset financing. From art NFTs to undiscovered assets.

Altair enables users to tokenize their most experimental assets and finance them.

Altair will bridge across the Kusama, Polkadot, and Ethereum ecosystems to allow assets to access financing wherever it is available. In the future, Altair can connect more and more projects across these ecosystems, using Kusama to allow anyone to access DeFi liquidity.

About Centrifuge

Centrifuge OS is an open, decentralized platform to connect traditional invoices and token-based assets on the blockchain, specifically the Centrifuge chain. This blockchain will allow businesses to exchange verified business documents (such as invoices) and tokenize those assets for further financing.

About Kusama

Kusama is a network built as a risk-taking, fast-moving ‘canary in the coal mine’ for its cousin Polkadot.

➡️Source:
https://medium.com/altair-network/announcing-altair-centrifuges-kusama-parachain-d4cd7d328187

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