Asva Finance will Integrate KardiaChain
Asva Finance has announced its integration with KardiaChain to utilize interoperable blockchain infrastructure.
Asva Finance X KardiaChain
The key feature that drew Asva Finance attention to Kardiachain was the ease of use. The transfer of assets and data doesn’t require any change on participating blockchains. Meaning, developers can build cross-chain applications on Kardiachain without going through many hassles. The unified infrastructure helps solutions run on multiple platforms by enabling interoperability among them and making the implementation as straightforward as possible from the developer’s perspective.
Integration of a dual node for interoperability would be the primary objective of the partnership. While Cosmos and Polkadot require participating blockchains to modify their original platform to be able to connect with other blockchain networks, KardiaChain dual nodes are capable of connecting to any public chain regardless of the protocol.
Key highlights of KardiaChain
- Transaction fee is 10,000–100,000 times cheaper than ETH.
- TPS reaches 6000 while ETH has only about 17 TPS.
- KAI’s confirmation time takes just around 5 seconds.
Asva Finance have been recently seeing a massive influx of users from Vietnam and other neighboring Southeast Asian countries. Being one of the biggest layer 1 platforms in the region, KardiaChain has a large user base in Vietnam. Moreover, the venture is well-connected with the government and reputed Vietnamese enterprises, signaling sustainable growth over the long run. The integration will help them cater their multi-chain money market solutions to KardiaChain users based in Vietnam and onboard more users from Southeast Asia.
ABOUT ASVA FINANCE
Asva Finance is a multi-chain DeFi aggregation engine that taps into the combined potential of DeFi protocols on multiple blockchains. The platform features an interoperable DeFi dashboard that lets you monitor all your DeFi transactions from one interface and access multi-chain money market use cases such as lending, borrowing, yield farming, and investing, from one interface.
ABOUT KARDIACHAIN
KardiaChain is the first decentralized interoperable and self-optimised blockchain infrastructure. They aim to push the current boundaries by solving one of the most prominent challenges facing blockchain technology — fragmentation of the blockchain ecosystems.
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